9308 Clovis Avenue, Los Angeles, CA 90002

About this duplex

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.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$850,000

Sold August 2024 · listed $859,000, orig. $899,000, on market May 2024 · MLS #OC24093994 · Source: CRMLS

Listing Agent: Sepide Ashiq · Listing Office: Ashby & Graff · Contact: 949-899-2732 · Bought with: Chris Lim · Bestway Realty

$620,000

Sold June 2017 · listed $600,000, on market May 2017 · MLS #CV17043175 · Source: CRMLS

Listing Agent: EDWIN WEN · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: Ghulam Ashiq · Keller Williams Realty

$279,900

Sold April 2012 · orig. $299,900, on market December 2011 · MLS #A11161006 · Source: CRMLS

Listing Agent: Randy Abrams · Listing Office: Podley Properties · Contact: 000-000-0000 · Bought with: EDWIN WEN · KELLER WILLIAMS REALTY

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