8430 Wiley Post Avenue, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8430 Wiley Post Avenue,Los Angeles, CA 90045
$1,495,000
- 4 Beds
- - Baths
- 2,444 sq. ft.
- Multi-family
- Active
Listed by: david messiah, cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:CL26829823
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,495,000
- Price per sq. ft.:$611.7
About this home
8430 Wiley Post Ave is a well-positioned 4-unit property offering a blend of new construction, mid-term rental income, and strong appeal for both investors and owner-users. The property generates $123,000 in current annual income, with one-bedroom units achieving approximately $3,500/month on mid-term rentals. Offered at $1,495,000, the asset provides a current cap rate of 5.84% with upside to 7.24%.The property features a great unit mix of four 1-bedroom/1-bath units, including two newly constructed units completed in 2024. These rear units offer vaulted ceilings, in-unit washer and dryer, all new appliances, and private outdoor spaces, making them highly attractive to both tenants and short- or mid-term rental users. The property features a large front yard, a rare amenity that enhances the overall livability and appeal of the property. Currently, the back and middle units are operated as Airbnb rentals, generating strong income; however, both units can be delivered VACANT at close of escrow, creating an attractive opportunity for an owner-user or investor seeking great returns. A buyer can implement their preferred strategy from day one whether maximizing returns through mid-term rentals or occupying a unit while offsetting expenses with rental income. Located north of Manchester, the property sits in a quiet residential neighborhood in Westchester, further enhancing its appeal to both tenants and owner-occupants....
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Home facts
- Year built:1943
- Listing ID #:CL26829823
- Added:2 day(s) ago
- Updated:May 09, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:4
- Living area:2,444 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1943
- Building area:2,444 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$611.7
Features and amenities
- Laundry features:Dryer, Washer
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