Homes for sale - 9623 Bandera, Los Angeles, CA 90002

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$850,000

Est. payment - /mo

7,148 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26011671

HOA Y/N No

Year Built 1922

Lot Size 7,148 Sqft

Property Sub-Type Duplex

Property Description

Strong income-producing duplex in Los Angeles with actual performance metrics of a 6.9 percent cap rate and an 11.8 GRM. This updated, well-maintained property delivers real current returns, making it an excellent opportunity for investors seeking reliable cash flow today rather than projected returns.
One unit is occupied by a long-term tenant with a documented history of on-time payments, providing stability and proven performance. The second unit is currently on a one-year RSO lease, giving any investor added confidence that returns are already in place and highly reliable from day one.
The property features two separate units with recent upgrades throughout, including brand new windows, new flooring, fresh interior paint, updated tile, kitchen sinks, and modern finishes. The front unit includes a newly remodeled bathroom and updated appliances, while the back unit features a new water heater. Additional improvements include a reinforced foundation, adding long-term structural value and durability.
Each unit offers separate laundry, and the property includes a long driveway with ample parking and a private backyard, a rare feature in Los Angeles. Conveniently located near freeways, shopping, and local amenities, this duplex benefits from strong rental demand and tenant appeal.
Ideal for both investors and owner occupants seeking a move-in-ready duplex with dependable income, stability, and upside potential in a prime Los Angeles location.

Location

State CA

County Los Angeles

Area Watt - Watts

Interior

Interior Features All Bedrooms Down

Heating Radiant

Cooling None

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Fence Block, Wood

Pool None

Community Features Curbs, Street Lights, Urban

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description Street Level, Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6048034033

Acceptable Financing Cash, FHA, VA Loan

Listing Terms Cash, FHA, VA Loan

Special Listing Condition Standard

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Listed by Herbert Diaz PLF Real Estate Solutions 562-639-9636

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