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    1441 S Cloverdale Avenue

    Los Angeles (City), CA 90019
    • $2,550,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: 21696502
    UPDATED: 38 min ago
    $2,550,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,807
      SQFT
    • $439
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Reduced 200k! Once in a lifetime 100% Vacant 6 Units + 2 ADUs in Prime Mid City priced at only 318k/door for vacant units. Value add opportunity with a huge upside to 8.3% Cap Rate and 9.6 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 2-stories 1,200 SF 3 Bed 3 Bath ADUs. Individually metered for Gas & Electricity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T21:37:22.697. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/114434418
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    1441 S Cloverdale Avenue Los Angeles (City), CA 90019

    • Price: $2,550,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 21696502
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,807
    SQFT
    $439
    $/SQFT
    1951
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Reduced 200k! Once in a lifetime 100% Vacant 6 Units + 2 ADUs in Prime Mid City priced at only 318k/door for vacant units. Value add opportunity with a huge upside to 8.3% Cap Rate and 9.6 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 2-stories 1,200 SF 3 Bed 3 Bath ADUs. Individually metered for Gas & Electricity.
    Exterior Features

    Parking Features GarageUncovered

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Garage YN Yes Gross Income 266820 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 211002 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc. and Julio Ruiz of Global Platinum Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T21:37:22.697. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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