9308 Clovis Avenue Los Angeles, CA 90002
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID NumberOC24093994
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.0991 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Terms CashConventionalExchange
Interior Features
- Cooling N/K
Exterior Features
- Pool N/K