Excellent Investment Opportunity with Steady Cash Flow! Now with the new price you will get a CAP Rate of 8.03% and a GRM of 12.45, this building houses two units, each with 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities except for water, sewer, and landscaping. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.
MLS #
CROC24093994
MLS Source
California Regional MLS
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 2 | 2 |
9308 Clovis Ave is a Duplex in Los Angeles, CA 90002. This – square foot property sits on a 4,315 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $850,000 and was built in 2006.
This address can also be written as 9308 Clovis Ave, Los Angeles, CA 90002.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 19, 2024. For the most current information, please contact Sepide Ashiq, (949) 899-2731