8430 Wiley Post Avenue, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
8430 Wiley Post Avenue,Los Angeles, CA 90045
$1,400,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: david messiah, cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26829823
Source:CRMLS
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Price summary
- Price:$1,400,000
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 #:26829823
- Added:108 day(s) ago
- Updated:August 23, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Dishwasher, Microwave, Refrigerator
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1943
- Levels:1 Story
Finances and disclosures
- Price:$1,400,000
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Driveway
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