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Listed by Amir Kasra • Amir Kasra Inc.dba Fortis Financial R.E.
$1,195,000
Est. payment /mo
4,801 Sqft Lot
Active
2701 S Cloverdale AVE Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CNSR23029983
Year Built 1929
Lot Size 4,801 Sqft
Property Sub-Type Triplex
Source CRISNet
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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