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$ 1,195,000
Est. payment /mo
Active
2701 S Cloverdale AVE Los Angeles, CA 90016
4,801 Sqft Lot
UPDATED:
05/01/2023 11:24 PM
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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Listed by Amir Kasra • Amir Kasra Inc.dba Fortis Financial R.E.