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9308 Clovis Ave

Los Angeles CA 90002

3200 sq. ft.
4315 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent Investment Opportunity with Steady Cash Flow! Featuring a CAP Rate of 5.18% and a GRM of 13.03, this building houses two units, each with 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities except for water, sewer, and landscaping. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.

Features

3200 sq. ft. floor area
4315 sq. ft. lot size
Duplex

Property history for 9308 Clovis Ave

2017
Sold
$620,000
14 Jun 2017

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for duplexes in Los Angeles

In the last 12 months, 6 duplexes similar to 9308 Clovis Ave, have been sold.

This represents a 34% increase in duplexes sales when compared to the previous 12 months.

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