1432 S Cloverdale Avenue,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
Outstanding Investment Opportunity with APPROVED PLANS FOR 2 ADUs in Prime Mid City Location! Discover the potential of this exceptional fourplex located in the heart of Mid City. Boasting a highly sought-after location, this property is strategically positioned with easy access to major freeways, making it convenient for residents to commute and access nearby amenities. Key Highlights: Prime Location: With quick and convenient access to major freeways, commuting is a breeze for residents. Upside Potential: Unlock the untapped potential of this property with the opportunity for increased rental income and value appreciation. Whether through strategic renovations or improved property management, there can be significant upside. APPROVED PLANS FOR 2 ADUs: (Buyer to Verify Status) A unique advantage of this property are the APPROVED PLANS TO ADD TWO ACCESSORY DWELLING UNITS (ADUs) with EACH ADU CONSISTING of 2 BEDROOM and 1.5 BATHS. Take advantage of this rare opportunity to expand the property's potential and increase rental income. Whether you're a seasoned investor or entering the real estate market, the upside and approved plans for expansion make this an attractive opportunity. Seize the opportunity to acquire a property with a great Mid City location, upside potential, and approved plans for additional units. Don't miss out on the potential this property has to offer!
Details
| MLS# | 25509917 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 44 |
| Listing Provided By | Keller Williams Studio City 818-432-1500 | Deboura Emanuel |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,730 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $1,200,000 low | high Med: $1,275,000 SqFt: 2,730 low | high Med: 1,876 $ / SqFt: $440 low | high Med: $680 On site: 44 low | high Med: 41 | |