$1,495,000

8430 Wiley Post Avenue, Los Angeles, CA 90045

  • 4 beds |
  • 4 baths |
  • 2,444 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon6,007sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $612/sqft
  • Property List Date Icon Listed 15 days ago

Property 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. 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.

Listing Status:
Active
Date Added:
May 5, 2026
Data Last Updated:
May 20, 2026 at 7:16AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
David Messiah : 310-561-2384
MLS ID:
26829823
  • Appliances: DishwasherMicrowaveRefrigeratorDryerWasher
  • Heating: Floor Furnace
  • Parking: DrivewayParking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR24107019004
  • Source: CRMLS_CL

This listing courtesy of David Messiah , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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