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    1/2 BATHS
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Listing Details

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MLS #
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School Ratings & Info

Description

Price Reduced! 5% cap rate going in, with upside to 6.5%. Well located 10 unit building in Unincorporated Los Angeles. Great unit mix with solid upside. Just over 12.25 X Gross going in, with a proforma of just over 10 X Gross. Building is master metered for electricity, and has potential for garage to ADU conversion. Property is conveniently located near the 5 and 710 freeways and has a Walk Score of 80.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/117442614
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1423 Clela Avenue Los Angeles (City), CA 90022

  • Price: $2,000,000
  • Status: Active
  • Updated: 164 min ago
  • ID#: 21734778
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1929
Built
County:
Los Angeles
Property Description
Price Reduced! 5% cap rate going in, with upside to 6.5%. Well located 10 unit building in Unincorporated Los Angeles. Great unit mix with solid upside. Just over 12.25 X Gross going in, with a proforma of just over 10 X Gross. Building is master metered for electricity, and has potential for garage to ADU conversion. Property is conveniently located near the 5 and 710 freeways and has a Walk Score of 80.
Exterior Features

Parking Features Garage

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Garage YN Yes Gross Income 163218 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 99203 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lcr4yy

Listing provided courtesy of Hooman Emanuel of Keller Williams Studio City and Henry Garcia of


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344