CA > Los Angeles
Los Angeles, CA 90016,2701 S Cloverdale AVE
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Los Angeles, CA 90016,2701 S Cloverdale AVE
Los Angeles, CA 90016,2701 S Cloverdale AVE
Los Angeles, CA 90016,2701 S Cloverdale AVE
Los Angeles, CA 90016,2701 S Cloverdale AVE
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Favio Ortega

Favio Ortega

+1(619) 564-2668
$ 1,125,000
Est. payment /mo
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2701 S Cloverdale AVE Los Angeles, CA 90016

2,016 SqFt

UPDATED:

05/24/2023 03:37 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $558

MLS Listing ID SR23029983

HOA Y/N No

Year Built 1929

Lot Size 4,800 Sqft

Acres 0.1102

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

Zoning LARD1.5

Interior

Fireplace No

Laundry GasDryerHookup, Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features StreetLights

Total Parking Spaces 3

Private Pool No

Building

Lot Description CornerLot

Story Two

Entry Level Two

Sewer PublicSewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5043013015

Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange

Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Amir Kasra • Amir Kasra Inc.dba Fortis Financial R.E. • 805-405-6562

Favio Ortega

Agent | License ID: 02009023

+1(619) 564-2668

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2701 S Cloverdale AVE