Four-Unit Residential Income
For Sale
$1,495,000
Pending
8430 Wiley Post Ave, Los Angeles, CA 90045
Four 1-bedroom units, including two completed in 2024, with in-unit washer/dryer and private outdoor space on rear units.
Property Size2,444 SF
Days on Market93
Property Features for 8430 Wiley Post Ave
General Information
Standard status
Pending
Size
2,444 SF
Property subtype
Investment
Additional Details
Cap Rate
5.84%
Multifamily Units
4
Amenities
vaulted ceilings
in-unit washer and dryer
new appliances
private outdoor spaces
large front yard
Building Details
Building Size
2,444 SF
Year Built
1943
Units
4
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 561-2384
Listed By:
Cameron Samimi · License #02035763
Source:
Elliman
Added: May 10
Changed: Aug 8
Last Checked: Jul 27 at 12:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential income property includes four 1-bedroom, 1-bath homes. Two units were newly constructed and completed in 2024, and the rear units feature vaulted ceilings, in-unit washer and dryer, all new appliances, and private outdoor spaces. The property also offers a large front yard.
Currently, the back and middle units are operated as Airbnb rentals, generating $123,000 in current annual income, with one-bedroom units achieving approximately $3,500 per month on mid-term rentals. The back and middle units can be delivered vacant at close of escrow, providing flexibility for an owner-user or investor to implement their strategy from day one.
Located north of Manchester in a quiet residential neighborhood in Westchester, the property also has BikeScore of 59, walkScore of 64, and transitScore of 63.
Currently, the back and middle units are operated as Airbnb rentals, generating $123,000 in current annual income, with one-bedroom units achieving approximately $3,500 per month on mid-term rentals. The back and middle units can be delivered vacant at close of escrow, providing flexibility for an owner-user or investor to implement their strategy from day one.
Located north of Manchester in a quiet residential neighborhood in Westchester, the property also has BikeScore of 59, walkScore of 64, and transitScore of 63.
Key Highlights
- Four 1‑bedroom/1‑bath units (4 units total); Year built 1943
- Two rear units completed in 2024; both include vaulted ceilings, in‑unit washer/dryer, new appliances, and private outdoor space
- Current annual income of $123,000 generated from existing Airbnb/mid‑term operations
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 90045, CA
41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four 1-bedroom units, including two completed in 2024, with in-unit washer/dryer and private outdoor space on rear units.
Where is this quadplex located?
The property is located at 8430 Wiley Post Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Four 1‑bedroom/1‑bath units (4 units total); Year built 1943; Two rear units completed in 2024; both include vaulted ceilings, in‑unit washer/dryer, new appliances, and private outdoor space; Current annual income of $123,000 generated from existing Airbnb/mid‑term operations
