$850,000

9623 Bandera, Los Angeles, CA 90002

  • 5 beds
  • 2,208 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $385/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 18, 2026
Data Last Updated:
February 7, 2026 at 6:08PM
Listing Office:
PLF Real Estate Solutions : 562-639-9636
Listing Agent:
Herbert Diaz : 562-639-9636
MLS ID:
CRDW26011671
  • Laundry: Gas Dryer HookupOther
  • Flooring: Laminate
  • A/C: No Air Conditioning
  • Heating: Radiant
  • General: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 6048034033
  • Fencing: Wood
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Herbert Diaz , PLF Real Estate Solutions

Monthly Payment

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

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Location

Schools Nearby

9

92nd Street Elementary STEAM Academy

9211 Grape St, Los Angeles, CA, 90002

Grades KG-6

0.35 miles away

T

Thomas Riley High School

1524 E 103rd St, Los Angeles, CA, 90002

Grades 7-12

0.57 miles away

A

Animo College Preparatory Academy

, Los Angeles, CA, 90002

Grades 9-12

0.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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