New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2024
Stories: 2
Listing Office:
Office Name: VIP Real Estate Firm
Office Phone: (310) 730-9489
Listing Agent: Daniel Terrazas
Interior Features
Interior Information:
Flooring Type: Laminate
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
David Starr Jordan Senior High School, Public District Grades 9-12
John C. Fremont Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Charles Drew Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Judith F. Baca Arts Academy, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: beach and 92nd
Price Information
Listing Price Info
Price Summary:
List Price: $974,900
Tax Information:
Annual Amount: $3,771
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #DW24057224
Listing Office:
Office Name: VIP Real Estate Firm
Office Phone: (310) 730-9489
Listing Agent: Daniel Terrazas
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 11:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,771
$252,258
2020
$3,662
$249,673
2019
$3,519
$244,779
2018
$3,450
$239,980
2017
$3,450
$235,276
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,933
Per Month
Principal & Interest
$4,866
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,989
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Judith F. Baca Arts Academy
1536 E 89th St
Distance between this listing and this school0.27 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.73 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school16.84 miles
Public Magnet Grades KG-5
Middle School
2
/10
Charles Drew Middle School
8511 Compton Ave
Distance between this listing and this school0.54 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.36 miles
Public District Grades 6-8
High School
1
/10
David Starr Jordan Senior High School
2265 E 103rd St
Distance between this listing and this school0.94 miles
Public District Grades 9-12
2
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school1.87 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.98 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Judith F. Baca Arts Academy
1536 E 89th St
Distance between this listing and this school0.27 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.73 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school16.84 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
Charles Drew Middle School
8511 Compton Ave
Distance between this listing and this school0.54 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.36 miles
Public District Grades 6-8
Nearby Schools
3
/10
Edwin Markham Middle School
1650 E 104th St
Distance between this listing and this school0.95 miles
Public Magnet Grades 6-8
Assigned Schools
1
/10
David Starr Jordan Senior High School
2265 E 103rd St
Distance between this listing and this school0.94 miles
Public District Grades 9-12
2
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school1.87 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.98 miles
The neighbors living near this home have an average income of $50,375. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
This home is located at 9009 Beach St in Los Angeles, CA and zip code 90002 in the South LA neighborhood. This home, which was built in 2024, sits on a 0.08 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $974,900.
Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.
From Rocket Homes Real Estate and based on county public records data.