2434 W AVENUE 32, Los Angeles, CA 90065
Property · 2 recorded sales since 2017
Sold December 2020
Listing Agent: Andrew Wilkey (DRE #01998185) · Listing Office: Sobhan Moshrefi · Contact: 310-879-2509 · Bought with: Nicole Kilmer · Figure 8 Realty · MLS #20571732 · Source: CRMLS
About this property
2434 W Avenue 32 is located in the rapidly growing Northeast LA neighborhood of Glassell Park and is adjacent to the new LA River Restoration project. The offering consists of (8) detached bungalow units; (3) 2+1s, (5) 1 +1s, and a 2,990 sqft SFR (8 Bed 4 Bath) perched on top of a 38,507 sqft lot. The SFR will be delivered VACANT. These units have been FULLY RENOVATED and include garages, private yards, washer/dryer in-unit, and abundant on-site surface parking. The top house has unrivaled 180 panoramic views of the LA River and Mt. Washington. Property is offered at a 5.25% CAP rate and 13.79 GRM. There is potential to add TWO ADUs to this property (Buyer to verify). Additionally, a Buyer has the potential to convert these rental units into "For Sale" product (TIC Conversion). Marketing Package & Setup Sheet located in "DOCS" section of listing.
Listing description from the December 2020 sale, as reported to CRMLS.
Sale history
