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    3011 S Cloverdale Avenue

    Los Angeles (City), CA 90016
    • $1,190,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 20643770
    $1,190,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Fabulous West Adams opportunity ideal for multifamily investoror developer. Zoned LARD 1.5. Huge upside potential. Gated property with privacy. Front owner's unit 4BR/2BA was remodeled with permits in 2006 and will be delivered vacant at close of escrow. Rear unit is 2BR/1BA currently tenant occupied on month-to-month lease. Copper plumbing. Main water line to sewer replaced in 2010.Gas and water are master metered. Separate electric meters. 2 car garage and 3 additional uncovered parking spaces in rear. Meticulous landscaping including several thriving fruit trees, herb garden, roses, jasmine, and more. Close proximity to the Expo Line that runs from DTLA to Santa Monica. Now is the best time to purchase in this hot, burgeoning L.A. neighborhood!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/110863709
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    3011 S Cloverdale Avenue Los Angeles (City), CA 90016

    • Price: $1,190,000
    • Status: Active
    • ID#: 20643770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1944
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Fabulous West Adams opportunity ideal for multifamily investoror developer. Zoned LARD 1.5. Huge upside potential. Gated property with privacy. Front owner's unit 4BR/2BA was remodeled with permits in 2006 and will be delivered vacant at close of escrow. Rear unit is 2BR/1BA currently tenant occupied on month-to-month lease. Copper plumbing. Main water line to sewer replaced in 2010.Gas and water are master metered. Separate electric meters. 2 car garage and 3 additional uncovered parking spaces in rear. Meticulous landscaping including several thriving fruit trees, herb garden, roses, jasmine, and more. Close proximity to the Expo Line that runs from DTLA to Santa Monica. Now is the best time to purchase in this hot, burgeoning L.A. neighborhood!
    Exterior Features

    Architectural Style See Remarks Direction Faces East Garage Spaces 2.00 Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherMicrowave Appliances YN Yes Fireplace Features GasLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Laundry Features See Remarks Levels One

    Property Features

    Country Us Gross Income 11400.00 Gross Multiplier 21.00 Gross Operating Income 55800.00 Laundry YN Yes Net Operating Income 50800.00 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityTrash Collection Total Actual Rent 950.00 Total Expenses 5000.00 Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of Daehong Park of Keller Williams Larchmont and Marianne Simon of Keller Williams Larchmont


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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