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1074 S Cloverdale Avenue

Los Angeles (City), CA 90019
  • $2,495,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: 23310341
UPDATED: 58 min ago
$2,495,000
  • 8
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,746
    SQFT
  • $434
    $/SQFT
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Linda Light of Coldwell Banker Realty (424-280-7400)


Description

Investment Opportunity - 6 units prime Miracle Mile adjacent. Fantastic opportunity to own a 6-unit apartment complex with great curb appeal in the Miracle Mile Adjacent Area of Los Angeles. Two units can be delivered vacant. This multifamily is built in 1947 with lots of character and charm, lot approx. 7,791SF. The unit mix includes (2) two-bedroom and (4) one-bedroom units. Four units have been updated and remodeled with new kitchen and bathrooms, hardwood floors, stainless appliances, and new window treatments. All units have forced heating, copper plumbing, newer windows, separate water heaters, and onsite laundry room. Parking has detached garages with 6 parking spaces. Call for more details.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143417351
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1074 S Cloverdale Avenue Los Angeles (City), CA 90019

  • Price: $2,495,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 58 min ago
  • ID#: 23310341
8
Beds
0
Baths
0
½ Baths
0.18
Acres
5,746
SQFT
$434
$/SQFT
1947
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Investment Opportunity - 6 units prime Miracle Mile adjacent. Fantastic opportunity to own a 6-unit apartment complex with great curb appeal in the Miracle Mile Adjacent Area of Los Angeles. Two units can be delivered vacant. This multifamily is built in 1947 with lots of character and charm, lot approx. 7,791SF. The unit mix includes (2) two-bedroom and (4) one-bedroom units. Four units have been updated and remodeled with new kitchen and bathrooms, hardwood floors, stainless appliances, and new window treatments. All units have forced heating, copper plumbing, newer windows, separate water heaters, and onsite laundry room. Parking has detached garages with 6 parking spaces. Call for more details.
Exterior Features

Attached Garage YN No Number Of Separate Electric Meters 7 Parking Features Assigned Parking Total 6

Interior Features

Appliances DishwasherDisposalRefrigerator Cooling Wall/Window Unit(s) Cooling YN Yes Heating Central Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Cap Rate 4 Garage YN Yes Gross Income 144221 Laundry Features Common AreaIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 101946 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Linda Light of Coldwell Banker Realty (424-280-7400)