9308 Clovis Avenue, Los Angeles

$859,000

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8

Beds

4

Baths

0.10

Acres

Listing Agent
Sepide Ashiq - Ashby & Graff

About 9308 Clovis Avenue

Excellent Investment Opportunity with Steady Cash Flow! Now with the new price you will get a CAP Rate of 8.03% and a GRM of 12.45, 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 of 9308 Clovis Avenue

MLS® # OC24093994
Price $859,000
Bedrooms 8
Bathrooms 4.00
Acres 0.10
Year Built 2006
Type Residential Income
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 9308 Clovis Avenue
Area C34 - Los Angeles Southwest
City Los Angeles
County Los Angeles
Zip Code 90002

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Tile
Interior Features Open Floorplan
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2

Exterior

Lot Description Near Public Transit

Additional Information

Date Listed May 9th, 2024
Days on Market 66
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSepide Ashiq
OfficeAshby & Graff

Listing Map

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