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2701 S Cloverdale Ave

Los Angeles, CA 90016
  • $1,075,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 21-793886
UPDATED: 9 min ago
$1,075,000
  • 7
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,485
    SQFT
  • $433
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

Triplex + approved ADU conversion of garage with permits paid for. Located in great rental market of quiet tree lined street. Investment has minimal expenses and tremendous upside in rents with a potential proforma of under 10X Gross. Please note that unit and income information provided includes approved ADU. Showing with accepted offer only, please do not approach tenants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T06:42:49.91. 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. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/122276817
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2701 S Cloverdale Ave Los Angeles, CA 90016

  • Price: $1,075,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 9 min ago
  • MLS #: 21-793886
7
Beds
0
Baths
0
½ Baths
0.11
Acres
2,485
SQFT
$433
$/SQFT
1929
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Triplex + approved ADU conversion of garage with permits paid for. Located in great rental market of quiet tree lined street. Investment has minimal expenses and tremendous upside in rents with a potential proforma of under 10X Gross. Please note that unit and income information provided includes approved ADU. Showing with accepted offer only, please do not approach tenants.
Exterior Features

Lot Size Area 4801 Other Structures Other Parking Garage Other Total Parking 0

Interior Features

Baths Total 4.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 433818 Gross Income 75346 Gross Operating Income 73086 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 52167.00 Number Of Buildings 3 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 20919 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Hooman Emanuel DRE#01200237 of Keller Williams Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T06:42:49.91. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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