2701 S Cloverdale AVE Active

Los Angeles,CA 90016

$ 1195000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CNSR23029983

Originating Board CRISNet

Year Built 1929

Lot Size 4,801 Sqft

Property Description

Triplex in hot, trendy West Adams neighborhood with significant upside potential with ADU (Accessory Dwelling Unit) completion and increasing current rents to market level. Proforma rents estimated to yield 4.1% Cap Rate without ADU completion. ADU RTI completion in process - renderings and plans available. A short distance from novel developments such as Platform, Culver Steps-Amazon Studios, Cumulus District-Whole Foods, Ivy Station-HBO Headquarters, and Helms Bakery District, among many others. Don't miss out on this investment opportunity.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Laundry Gas Hookup,Other

Exterior

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Tax ID 5043013015

Special Listing Condition Not Applicable

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