Price Reduction
Address
1423 Clela Avenue Los Angeles, CA
Price
$ 1,995,000
Property Attributes
  • MLS#21110931
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaEast Los Angeles
  • Zip90022
  • Style
  • Price$ 1,995,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage5613
  • Lot Size7,060 SqFt
Listing Provided Courtesy Of:
Hooman Emanuel with Keller Williams Studio City
Data Source:
Combined LA/Westside MLS (CLAW)
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.

Price History
12/9/2021 Listed $2,050,000
1/21/2022 3% - $1,995,000

General Features

Cooling Wall/Window Unit(s)
Garage Y/N Yes
Heating Wall Furnace
Listing Agent Hooman Emanuel - BRE#01200237
Listing Agent State License 01200237
Lot Size Square Feet 7060
MLS Area ELA - East Los Angeles
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Units 10
Zoning LCR4YY

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.1621
Lot Size Area 7060
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Garage
Total Parking 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90022

Price
AVG $1.6M
$2M
Visits
AVG 6
5
Year Built
AVG 1941
1929
Walkscore
AVG 80
82
Data Provided by Walkscore ® not using MLS data

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