9623 Bandera, Los Angeles, CA 90002
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
9623 Bandera,Los Angeles, CA 90002
$850,000
- 5 Beds
- - Baths
- 2,208 sq. ft.
- Multi-family
- Active
Listed by: herbert diaz
Office: plf real estate solutions
MLS#:CRDW26011671
Source:CA_BRIDGEMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$384.96
About this home
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.
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Home facts
- Year built:1922
- Listing ID #:CRDW26011671
- Added:4 day(s) ago
- Updated:January 23, 2026 at 03:47 PM
Rooms and interior
- Bedrooms:5
- Living area:2,208 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1922
- Building area:2,208 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$384.96
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