9308 Clovis Avenue Los Angeles, CA ^$ 899,000

9308 Clovis Avenue

^$ 899,000

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Recently Listed

9308 Clovis Avenue

Los Angeles, CA, 90002

^$ 899,000

Bedrooms8 Baths4.0 Sq 3,200

Monthly Estimate*

^$ 5,975

Listed by Ashby & Graff

9308 Clovis Avenue, Los Angeles, CA 90002 - Image 1

9308 Clovis Avenue, Los Angeles, CA 90002 - Image 2

9308 Clovis Avenue, Los Angeles, CA 90002 - Image 3

9308 Clovis Avenue, Los Angeles, CA 90002 - Image 4

Multi-Family Home for sale in Los Angeles, CA

for $899,000 with 8 bedrooms and 4 full baths. This 3,200 square foot home was built in 2006 on a lot size of 0.0991.

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.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.0991

Year Built

2006

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24093994

Days on Market

Features

General

Interior Features OpenFloorplan

Sewer PublicSewer

Heating WallFurnace

Cooling None

Possession CloseOfEscrow

Zoning LARD2

Garage Spaces 0.0

Pool Features None

Year Built 2006

Property SubType Duplex

Gross Income 0.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 46552.0

Operating Expense 20578.3

Insurance Expense 928.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency None

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 105 W Exit Central R Central R Clovis

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 2

MLS Area C34 - Los Angeles Southwest

Lot Size Units SquareFeet

Lot Size Square Feet 4315.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Clovis

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 2500.4

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 1

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 140

Total Actual Rent 5750.0

Property Sub Type Additional Duplex

Taxes 11448.0

Interior

Flooring Laminate Tile

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features WasherHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Exterior

Lot Features NearPublicTransit

Water Source Public

Total Parking 0.0

Lot Size Area 4315.0

Number of Buildings 1

Spa N

Building Area Total 3200.0

Lot Size Acres 0.0991

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 9308

* Excluded Features

List By

Ashby & Graff

Broker

(949) 899-2731

Phone

Affordability Calculator

$5,975

Per Month

Monthly Principal & Interest: $5,975
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,668

Percent of Sale Price 121%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$899,000		Listed Price

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9308 Clovis Avenue, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $899,000 with 3,200 sqft and a lot size of 0.0991. 9308 Clovis Avenue has 8 bedrooms, 4.0 baths, and was built in 2006. The property's zip code is 90002 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/6/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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9308 Clovis Avenue

Multi-Family Home for sale in Los Angeles, CA

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