8430 Wiley Post AvenueLos Angeles, CA 90045




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$6,8218430 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.A buyer can implement their own 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.
| 2 hours ago | Listing updated with changes from the MLS® | |
| 9 hours ago | Listing first seen on site |
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