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Additional details
$6,200,000
Est. payment /mo
0.81 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25043374
HOA Y/N No
Year Built 1963
Lot Size 0.814 Acres
Property Sub-Type Apartment
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 an estimated 6% cap rate based on current income, this property presents a strong investment opportunity.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CUR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 32
Pool None
Community Features Sidewalks
Total Parking Spaces 32
Private Pool No
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6225028005
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Chris Keramati • Triqor Group • chris@triqorgroup.com
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