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    1443 S Cloverdale Avenue

    Los Angeles (City), CA 90019
    • $6,350,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 21697094
    UPDATED: 53 min ago
    $6,350,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,721
      SQFT
    • $499
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Reduced 400k! Once in a lifetime 100% Vacant 15 Units + 4 Potential ADUs in Prime Mid City priced at only 334k/door for vacant units. Value add opportunity with a huge upside to 7.8% Cap Rate and 10.1 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 1,200 SF 3 Bed 3 Bath ADUs & 2 attached 400 SF 1 Bed 1 Bath ADUs. Individually metered for Gas & Electricity.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T20:35:44.45. 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 The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114473144
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    1443 S Cloverdale Avenue Los Angeles (City), CA 90019

    • Price: $6,350,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 21697094
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    12,721
    SQFT
    $499
    $/SQFT
    1963
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Reduced 400k! Once in a lifetime 100% Vacant 15 Units + 4 Potential ADUs in Prime Mid City priced at only 334k/door for vacant units. Value add opportunity with a huge upside to 7.8% Cap Rate and 10.1 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 1,200 SF 3 Bed 3 Bath ADUs & 2 attached 400 SF 1 Bed 1 Bath ADUs. Individually metered for Gas & Electricity.
    Exterior Features

    Carport YN Yes Parking Features Carport

    Interior Features

    Appliances Refrigerator

    Property Features

    Gross Income 626280 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 493967 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc. and Julio Ruiz of Global Platinum Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T20:35:44.45. 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 The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508