Properties

Los Angeles, CA 90002 9623 Bandera

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Presented By: Herbert Diaz with PLF Real Estate Solutions; 562-639-9636
  • MLS# DW26011671
  • 01/15/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 2,208

Home Details

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.
Presented By: Herbert Diaz with PLF Real Estate Solutions; 562-639-9636

Interior Features for 9623 Bandera

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories1

Other Rooms

Entry Level1

General for 9623 Bandera

Additional Parcels Y/NNo
AppliancesGas Oven, Gas Range
Building Area UnitsSquare Feet
Cap Rate6.9
CityLos Angeles
Community FeaturesCurbs, Street Lights, Urban
ContingencyNo contingencies.
CoolingNone
CountyLos Angeles
DirectionsFrom the 105 Fwy, exit Central Ave and head south. Turn left on 95th St, right on Bandera St. Property will be on the right.
Entry LocationFront
ExclusionsPersonal property
Garage Spaces
Garage Y/NNo
Gross Income72000
HeatingRadiant
Insurance Expense2143
Land Lease Y/NNo
Listing TermsCash, FHA, VA Loan
Lot Size Square Feet7150
Lot Size UnitsSquare Feet
MLS AreaWATT - Watts
Net Operating Income58634
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
Open Parking Spaces3
Operating Expense13366
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot107
Taxes$8,943
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent6000
Trash Expense640
UtilitiesElectricity Connected, Natural Gas Connected
Water Sewer Expense800
Year Built1922
Year Built SourcePublic Records

Exterior for 9623 Bandera

Building Area Total2208
FencingBlock, Wood
Lot FeaturesStreet Level, Yard
Lot Size Acres0.1641
Lot Size Area7150
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Private PoolNo
Total Parking3
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $850,000
MLS#DW26011671
List Date 01/15/2026
Property Type Multi-Family
Phone 888.795.6274
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