Rent report generated Nov 29, 2024
The Rent Potential of
9505 Bandera St Los Angeles, CA
is $3,100 – $3,400/mo.
Current Specs
3 Bed / 1 Bath
963 sqft
Single-Family
Built in 1921
Rent Comps
$2,295
$3,200
$5,000
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
10 Listings
3 Bed / 1 Bath
950 - 1,100 sqft
Within 4.1 mi
Avg. Monthly Rent$3,098
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
2 Listings
3 Bed / 1 Bath
1,000 - 1,080 sqft
Within 7.4 mi
Avg. Monthly Rent$4,300
Rent Advice
The property at 9505 Bandera St in Los Angeles has a promising rent potential, estimated between $3.1K to $3.4K per month. This single-family home benefits from its 3-bedroom layout, appealing to families seeking space. The neighborhood trends in South LA indicate a stable market with a median listing price of $875K, reflecting potential appreciation in property value. Features like granite kitchen counters and fruit trees enhance its appeal, though limited parking might pose a challenge. Anticipate a competitive market due to high demand.
To boost rental income, consider minor renovations such as upgrading the flooring or adding energy-efficient appliances. These improvements can enhance appeal and justify higher rent. If contemplating a sale, emphasize the R2 zoning, allowing for potential expansion or a secondary dwelling unit, which is a significant advantage in current market conditions. Highlight the property's convenient location and neighborhood growth to attract prospective buyers or tenants.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.