9308 Clovis Avenue, Los Angeles
Los Angeles Home For Sale
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.
Property Details
Additional Information
-
- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90002
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- MLS® #:
- OC24093994
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- Bedrooms:
- 8
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- Bathrooms:
- 4
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- Lot Size:
- 0.10
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- HOA Dues:
- $
Price Change History for 9308 Clovis Avenue, Los Angeles, (MLS® #OC24093994)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending | – | – | |
| Active Under Contract (from Active) | – | – | |
| Price Reduced (from $899,000) | $859,000 | $40,000 (4.45%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2024 at 11:25am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.