9308 Clovis Avenue, Los Angeles
$899,000 - 8 Beds, 4 BathsMLS® # OC24093994
$974,900
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New modern duplex (SFR and ADU) in the final stages of construction in the desired part of Los Angeles and bordered line South Gate. This home is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (63 Walk Score). This property is perfect for 2 big families or investors. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $85,200 in gross rents. Amazing est. 6.3% CAP rate and 11.9x GRM. Property has total of 7 bedrooms and 5 baths. First unit consists of a 5 bedrooms and 4 baths (including master bedroom and Jr Master). Second unit consists of 2 bedrooms and 1 baths. This new estate has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC (mini splits in ADU), washroom, and many more features making it the one of the most beautiful homes in the neighborhood.
MLS® # OC24093994
Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 2:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.