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2318 Glover Place, Los Angeles, CA 90031
$1,890,000
2318 Glover Place, Los Angeles, CA 90031View this property at 2318 Glover Place, Los Angeles, CA 90031
2318 Glover PlaceLos AngelesCA90031
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Property Description
Rarely does an investment property like this come onto the market - 100% vacant and ready for its new owner to seize the opportunity. In the highly sought-after Frog Town neighborhood, this 4-unit property stands as a blank canvas for investors seeking to make their mark in Los Angeles' flourishing real estate landscape. This fully remodeled 4-unit property offers the best of urban living, making it perfect for investors and owner-occupiers alike. Each unit has been meticulously upgraded, featuring chic finishes and an abundance of natural light. Perfect for 1031 exchange buyers as this property leaves you with little to worry about in terms of maintenance. Its appeal to potential tenants or future buyers is undeniable, given its prime location and contemporary features. With the flexibility to live in one unit and rent out the others or lease all four, the potential for substantial cash flow is undeniable. Additionally, take advantage of the property's zoning to add an ADU to the front, unlocking even more upside potential. Don't miss your chance to be part of this thriving community and invest in a property poised for lasting success in the Los Angeles real estate market. Contact us now to seize this exceptional opportunity.
Full Property Details
Full Property Details for 2318 Glover Pl
General
- Sold For: $1,890,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC23138775
- Added to Site: 306 day(s) ago
Interior
- Interior Features: Balcony, Ceiling Fan(s), Open Floorplan
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Additional Information
- Pool Description: None
Location
- Area: C21 - Silver Lake - Echo Park
- County: Los Angeles
- Development Name: C21 - Silver Lake - Echo Park
- Driving Directions: Riverside Dr and Glover Place
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Entry Location: Side
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,008
- Year Built: 1965
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1054
- Lot Size Source: Assessor
- Zoning: LAR1
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $628.32
- Price Per Unit: 499975
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Exclusions: Staging Furniture
Listed by The Associates Realty Group, Andrew Daggett
Sold by Keller Williams Larchmont, Christina Kim
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Schools
Schools serving 2318 Glover Pl
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2225 Dorris Pl, Los Angeles, CA 90031 | K-6 | 0.1 mi | |
3010 Estara Ave, Los Angeles, CA 90065 | 6-8 | 1.8 mi | |
3939 Tracy St, Los Angeles, CA 90027 | 9-12 | 2.7 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 2318 Glover Pl
Date
Details
Price
Change
Source
8/28/2023
Sold
$1,890,000
-5.5%
MLS
7/28/2023
Listed
$1,999,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2318 Glover Place, Los Angeles, CA 90031 (MLS# OC23138775) is a Multi-Family property that was sold at $1,890,000 on August 28, 2023. Want to learn more about 2318 Glover Place? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.