Skip To Content

1423 Clela Ave

Los Angeles, CA 90022
  • $1,995,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 21-110931
Price Reduced
UPDATED: 12 min ago
$1,995,000
  • 10
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,613
    SQFT
  • $355
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Ratings & Info

Description

Located in unincorporated Los Angeles. Great unit mix with tremendous upside in rents. Current GRM is 12.56 with a current cap rate of 4.84%, and market cap rate of 6.47%, Potential for garage conversion to ADU. Master metered for electricity. Contact agent for full OM.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T06:42:48.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/123873959
Print Image

1423 Clela Ave Los Angeles, CA 90022

  • Price: $1,995,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 12 min ago
  • MLS #: 21-110931
10
Beds
0
Baths
0
½ Baths
0.16
Acres
5,613
SQFT
$355
$/SQFT
1929
Built
Neighborhood:
East La
County:
Los Angeles
Area:
East La
Property Description
Located in unincorporated Los Angeles. Great unit mix with tremendous upside in rents. Current GRM is 12.56 with a current cap rate of 4.84%, and market cap rate of 6.47%, Potential for garage conversion to ADU. Master metered for electricity. Contact agent for full OM.
Exterior Features

Lot Size Area 7060 Other Structures Other Parking Garage Garage Total Parking 10

Interior Features

Baths Total 10.00 Cooling Wall/Window Equipment Range/Oven Heating Wall

Property Features

Assessed Total Value 1019251 Gross Income 163218 Gross Operating Income 163218 Like Units1 3 Like Units2 5 Like Units3 1 Like Units4 1 Net Operating Income 99203.00 Number Of Buildings 2 Number Of Units 10 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 59118 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lcr4yy

Listing provided courtesy of Hooman Emanuel DRE#01200237 of Keller Williams Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T06:42:48.533. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-110931-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-110931-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-110931-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210