2301 S Cloverdale Ave - Apartments FOR SALE
Los Angeles, CA 90016 |
2301 S Cloverdale Ave
Los Angeles, CA 90016
HIGHLIGHTS
- Constructed in 2019, not under LA city rent control
- Five-6 bedroom/6.5 bathroom upscale townhouses
- Gated entry, outdoor community courtyard, and16 parking spaces
- Plans for additional 1bd/1ba ADU boosting rental income $30k/year
- Currently has a 13.31 GRM and 5.7% cap rate with one vacancy
- Fully occupied, the pro forma gross income is $537k/year, GRM 10.71 and cap rate of 7.55%
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Cloverdale Townhouses
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10206
STORIES
3
YEAR BUILT
2019
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
5063-008-066
