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Multifamily

4202 Clayton Ave W

4202 Clayton Ave W, Los Angeles, CA 90027

Listing Price: $1,400,000

Cap Rate
3.64%
Number of Units
2
Occupancy
97.0%
Price/Unit
$700,000
Price/Gross SF
$778.21
Gross SF
1,799

Investment Overview

Marcus & Millichap is pleased to present two houses on one lot in the heart of Los Feliz. Originally constructed in 1962, on a large lot with approximately 6,568-square feet. The front house features 2 bedrooms and 1.5 bathrooms with approximately 950-square feet. The back house features 2 bedrooms and 1 bathroom with approximately 850-square feet. The back house was gutted and extensively renovated featuring new cabinetry, flooring, copper plumbing, granite countertops, new electric, storage sheds, landscaping, new driveway, and new HVAC system. The front house will be delivered vacant shortly after the closing, making this an excellent opportunity for an owner user.

Investment Highlights

  • Prime Los Feliz Location
  • Two Detached Houses on One Lot | Qualifies for Residential Financing
  • Perfect for Owner User | Front House Delivered Vacant

Exclusively Listed By

Financing By

Multifamily

4202 Clayton Ave W

Listing Price: $1,400,000

Cap Rate
3.64%
Number of Units
2
Occupancy
97.0%
Price/Unit
$700,000
Price/Gross SF
$778.21
Gross SF
1,799

Investment Highlights

  • Prime Los Feliz Location
  • Two Detached Houses on One Lot | Qualifies for Residential Financing
  • Perfect for Owner User | Front House Delivered Vacant

Investment Overview

Marcus & Millichap is pleased to present two houses on one lot in the heart of Los Feliz. Originally constructed in 1962, on a large lot with approximately 6,568-square feet. The front house features 2 bedrooms and 1.5 bathrooms with approximately 950-square feet. The back house features 2 bedrooms and 1 bathroom with approximately 850-square feet. The back house was gutted and extensively renovated featuring new cabinetry, flooring, copper plumbing, granite countertops, new electric, storage sheds, landscaping, new driveway, and new HVAC system. The front house will be delivered vacant shortly after the closing, making this an excellent opportunity for an owner user.

Exclusively Listed By

Financing By

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