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    3011 S Cloverdale Ave

    Los Angeles, CA 90016
    • $1,190,000
    • STATUS: Active Under Contract
    • ON SITE: 47 days
    • ID#: 20-643770
    Under Contract
    UPDATED: 37 min ago
    $1,190,000
    • 6
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,221
      SQFT
    • $536
      $/SQFT
    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!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-26T09:42:18.763. 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.
    www.trulinerealty.com/homes/110860996
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    3011 S Cloverdale Ave Los Angeles, CA 90016

    • Price: $1,190,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • ID#: 20-643770
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,221
    SQFT
    $536
    $/SQFT
    1944
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    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

    Covered Parking 2 Direction Faces East Levels One Lot Size Area 7200 Other Structures None Parking Garage Attached Pool Description None Pool YN No Spa None Spa YN No Sprinklers Sprinkler System Style Other Tennis Court None Tennis YN No Total Parking 5 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 3.00 Cooling Air ConditioningCeiling Fan Equipment Ceiling FanDishwasherMicrowaveRange/Oven Fireplace Rooms GasLiving Room Heating Wall Laundry OtherIn Unit

    Property Features

    Assessed Total Value 221840 Gross Income 11400 Gross Operating Income 55800 Like Units1 1 Like Units2 1 Net Operating Income 50800.00 Number Of Buildings 2 Number Of Units 2 Owner Pays GasWater Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityTrash Collection Total Annual Expense 5000 Type Of Units Duplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Daehong Park DRE#01957505 of Keller Williams Larchmont.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-26T09:42:18.763. 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.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211