1830 S Cloverdale Avenue

    Los Angeles (City), CA 90019
    • $1,050,000
    • STATUS: Closed
    • ON SITE: 145 days
    • ID#: 18346204
    Sold - 09/14/2018
    $1,050,000
    SOLD - 09/14/2018
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,904
      SQFT
    • $362
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY! Located in highly desirable area of Mid City. 4-1 bedroom and 1 bath, 2 story building. Independently metered for gas and electricity. Ample of parking ,2- 2 car garage with additional 2 parking space in rear. There is significant opportunity for upside, as all units are 30% to 40% below market rents. Expenses are based on sales price including taxes. PLEASE DO NOT WALK THE PROPERTY AND OR DISTURB TENANTS!!! DRIVE BY ONLY.Showing with accepted offer.

    Sold by Kirt Watts of Bankers Realty Exclusive, Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T22:28:35.02. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/83891671

    1830 S Cloverdale Avenue Los Angeles (City), CA 90019

    • Price: $1,050,000
    • Status: Closed
    • Updated: 23 min ago
    • ID#: 18346204
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,904
    SQFT
    $362
    $/SQFT
    1949
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    GREAT INVESTMENT OPPORTUNITY! Located in highly desirable area of Mid City. 4-1 bedroom and 1 bath, 2 story building. Independently metered for gas and electricity. Ample of parking ,2- 2 car garage with additional 2 parking space in rear. There is significant opportunity for upside, as all units are 30% to 40% below market rents. Expenses are based on sales price including taxes. PLEASE DO NOT WALK THE PROPERTY AND OR DISTURB TENANTS!!! DRIVE BY ONLY.Showing with accepted offer.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 3.82 Gross Multiplier 19.62 Gross Operating Income 50844.00 Improvements Amount 131595 Land Value 87723 Laundry YN No Net Operating Income 40140.00 Special Listing Conditions Standard Total Expenses 13380.00 Zoning Lard1.5

    Listing provided courtesy of Deborah Rugley Wiley of Keller Williams-Santa Monica.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T22:28:35.02. 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. Licensed in the State of California, USA.
     
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