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32290789
32290790

8430 Wiley Post Ave, Los Angeles, CA 90045

CS
CA 02035763
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate
$1,495,000
30 days on market
Updated 29 days ago

8430 Wiley Post Ave

Details
APN 4107-019-004
Property Type Multifamily
Square Footage 2,360
Units 4
Beds 4
Cap Rate 5.84%
NOI $87,263
Tenancy Multi
Price per SqFt $633
Year Built 1943
Year Renovated 2024
Lot Size (SqFt) 6,005
Zoning LAR2
Investment Type Owner/User

Multifamily | 5.84% CAP | 4 Units

Marketing description

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.

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 mid-term rental users.

The front unit features a large private yard, a rare amenity that enhances livability and makes it especially attractive for an owner-occupier or long-term tenant. Currently, the back and middle units are operated as Airbnb rentals, generating strong income; however, these units can be delivered vacant at close of escrow, providing a buyer with immediate flexibility to set market rents, continue mid-term rental operations, or occupy a unit.

This flexibility allows a buyer to 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, making it appealing to both tenants and owner-occupants.

Investment highlights

  • 4-unit property generating $123,000 in annual income
  • Two units can be delivered vacant at close of escrow
  • Two newly constructed units (2024) with modern finishes
  • Rear units feature vaulted ceilings, in-unit washer/dryer, and private outdoor spaces
  • Front unit includes a large private yard—ideal for owner-occupier
  • Back and middle units currently operating as Airbnb rentals
  • Flexibility to operate as mid-term rentals or traditional rentals
  • Quiet residential location in Westchester, north of Manchester
  • Ideal for investors seeking yield or owner-users looking to offset living expenses

Listing Contacts

CS
CA 02035763
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$87,263.00
$7,271.92/mo

Valuation Metrics

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DSCR
5.84%
Cap Rate
5.84%
ROI

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