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1401 Clela Avenue, East Los Angeles, CA 90022
$630,000
1401 Clela Avenue, East Los Angeles, CA 90022View this property at 1401 Clela Avenue, East Los Angeles, CA 90022
1401 Clela AvenueEast Los AngelesCA90022
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Property Description
Amazing opportunity to own this traditional duplex with tenants that pay rent on time and are current!! This is one of the fastest growing areas of the county and values have been increasing rapidly!! This is a great opportunity to add value to investors portfolio. With below market rents there is real opportunity for growth. PRO FORMA Cap Rate is 6.14% and GRM is 12.04!! It is too good of an opportunity to pass up. This is a great investment to watch your money grow!!
Full Property Details
Full Property Details for 1401 Clela Ave
General
- Sold For: $630,000
- Status: Closed
- Type: Multi-Family
- MLS ID: DW21193928
- Added to Site: 983 day(s) ago
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: ELA - East Los Angeles
- County: Los Angeles
- Development Name: ELA - East Los Angeles
- Driving Directions: Take Telelgraph Rd to Clela Avenue
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Square Feet: 1,739
- Year Built: 1946
Unit Information
Unit 1
- Number of Units: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1491
- Lot Size Source: Assessor
- Zoning: LCR4YY
- Lot Description: Back Yard
Financial Considerations
- Price Per Sq. Ft.: $362.28
- Price Per Unit: 324950
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Exclusions: All personal property
Listed and Sold by PLF Real Estate Solutions, Herbert Diaz
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Schools
Schools serving 1401 Clela Ave
School District:Montebello Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1277 Clela Ave, Los Angeles, CA 90022 | K-5 | 0.1 mi | |
1600 W Whittier Blvd, Montebello, CA 90640 | 6-8 | 2.6 mi | |
2100 W Cleveland Ave, Montebello, CA 90640 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1401 Clela Ave
Date
Details
Price
Change
Source
12/09/2021
Sold
$630,000
-3.06%
MLS
9/01/2021
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1401 Clela Avenue, East Los Angeles, CA 90022 (MLS# DW21193928) is a Multi-Family property that was sold at $630,000 on December 09, 2021. Want to learn more about 1401 Clela Avenue? Do you have questions about finding other Multi-Family real estate for sale in East Los Angeles? You can browse all East Los Angeles real estate or contact a Coldwell Banker agent to request more information.