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1423 Clela Avenue

Los Angeles (City), CA 90022
  • $1,950,000
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: 21110931
UPDATED: 59 min ago
$1,950,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Hooman Emanuel of Keller Williams Studio City (818-432-1500)


Description

Located in unincorporated Los Angeles. Great unit mix with tremendous upside in rents. Current GRM is 11.95 with a current cap rate of 5.22%, and market cap rate of 6.93%, Potential for garage conversion to ADU. Master metered for electricity. Contact agent for full OM.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T08:25:56.823. 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 Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/123874855
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1423 Clela Avenue Los Angeles (City), CA 90022

  • Price: $1,950,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 59 min ago
  • ID#: 21110931
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1929
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
Located in unincorporated Los Angeles. Great unit mix with tremendous upside in rents. Current GRM is 11.95 with a current cap rate of 5.22%, and market cap rate of 6.93%, Potential for garage conversion to ADU. Master metered for electricity. Contact agent for full OM.
Exterior Features

Parking Features Garage Parking Total 10

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Garage YN Yes Gross Income 163218 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 99203 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lcr4yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T08:25:56.823. 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 Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Hooman Emanuel of Keller Williams Studio City (818-432-1500)