1432 S Cloverdale AVE new

Los Angeles,CA 90019

$ 1200000

7 Beds

4 Baths

2730 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,730 sqft

Price per Sqft $439

MLS Listing ID 25509917

Bedrooms 7

Year Built 1914

Lot Size 6,851 Sqft

Property Description

Outstanding Investment Opportunity with APPROVED PLANS FOR 2 ADUs in Prime Mid City Location! Discover the potential of this exceptional fourplex located in the heart of Mid City. Boasting a highly sought-after location, this property is strategically positioned with easy access to major freeways, making it convenient for residents to commute and access nearby amenities. Key Highlights: Prime Location: With quick and convenient access to major freeways, commuting is a breeze for residents. Upside Potential: Unlock the untapped potential of this property with the opportunity for increased rental income and value appreciation. Whether through strategic renovations or improved property management, there can be significant upside. APPROVED PLANS FOR 2 ADUs: (Buyer to Verify Status) A unique advantage of this property are the APPROVED PLANS TO ADD TWO ACCESSORY DWELLING UNITS (ADUs) with EACH ADU CONSISTING of 2 BEDROOM and 1.5 BATHS. Take advantage of this rare opportunity to expand the property's potential and increase rental income. Whether you're a seasoned investor or entering the real estate market, the upside and approved plans for expansion make this an attractive opportunity. Seize the opportunity to acquire a property with a great Mid City location, upside potential, and approved plans for additional units. Don't miss out on the potential this property has to offer!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating None

Cooling None

Exterior

Parking Features None

Building

New Construction No

Others

Special Listing Condition Standard

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