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$ 5,790,000
Est. payment | /mo
2 Beds
1 Bath
$ 5,790,000
Est. payment | /mo
2 Beds
1 Bath
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25043374
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present Clara Street Apartments a 22-unit apartment community covering almost 1 Acre. The property features all large 2-bedroom units with copper plumbing, gas heating, gas cooking, and ceiling fans. Many units have been updated with vinyl wood flooring, quartz countertops, and dual-pane windows. The complex offers a secured parking ratio of over 1.5:1, on-site laundry facilities, and is master-metered for gas, electricity, and water, providing an opportunity to implement RUBS (Ratio Utility Billing System) for additional income. With over a 6% cap rate based on current income, this property presents a strong investment opportunity.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Driving West on E. Florence Ave., Turn Left on Wilcox Ave., Turn Right on Clara St., Property is on Your Left Once You Pass Atla
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6225028005
Listed by Chris Keramati Triqor Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "