9308 Clovis Avenue, Los Angeles, CA 90002

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Glen Henderson

[email protected] +1(619) 889-7646

$859,000

Est. payment - /mo

8 Beds

4 Baths

4,315 Sqft Lot

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UPDATED:

08/19/2024 03:29 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID OC24093994

Bedrooms 8

HOA Y/N No

Lot Size 4,315 Sqft

Type of Financing Cash,Conventional,Exchange

Property Description

Excellent Investment Opportunity with Steady Cash Flow! Now with the new price you will get a CAP Rate of 8.03% and a GRM of 12.45, this building houses two units, each with 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities except for water, sewer, and landscaping. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.
Excellent Investment Opportunity with Steady Cash Flow! Now with the new price you will get a CAP Rate of 8.03% and a GRM of 12.45, this building houses two units, each with 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities except for water, sewer, and landscaping. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.

Location

State CA

County Los Angeles

Area Los Angeles (90002)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $55

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,500

Listing Terms Cash, Conventional, Exchange

CFD/Mello-Roos Fee $665

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Listed by Sepide Ashiq • Ashby & Graff

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

9308 Clovis Avenue Los Angeles, CA 90002

Glen Henderson

Key Details

Location

Building

Others

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