1278 Clela AVE East Los Angeles, CA 90022
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24142681
HOA Y/N No
Year Built 1954
Lot Size 6,176 Sqft
Property Sub-Type Quadruplex
Property Description
BRING US AN OFFER - Great area and a Great investment! PARKING IS NOT AN ISSUE WITH THIS PROPERTY. Fourplex property. FOURPLEX 6176 Sq Ft lot size. Imagine building above the garages.... imagine if you turn the present 4 units to a six-unit apartment by adding two units above garage carports? Very close to Whittier and Montebello. Conveniently located in a desirable area of East LA, near shopping centers, schools, restaurants and access to freeways are just minutes away! This is a fantastic investment opportunity, each unit featuring 2 bedrooms and one-bath, good size living area and good size kitchen with community laundry next to covered car ports in rear area. The community laundry room can easily be changed to digital operated machines to supplement your income. The framed carport is for four cars that can easily add garage doors to. This is a very well-maintained property with original wood flooring in two units, tile flooring in one and carpet in the other. One unit has indoor laundry area. Seller installed brand new roof on building and carport/garage area, exterior paint, retrofit repairs done all in May of 2025. These are big ticket items that you will not have to worry about.
Highly desired area with pride of ownership and very tidy tenants. Property is Los Angeles County ordinance not City of Los Angeles, call 833-223-7368 to discuss rent stabilization. Supplement is application for rent increase due to lower than fair market rents with home improvements completed by new owner. All units are alike in floor plan. Please review the pictures and read showing instructions. Thank you for your interest. Let's open escrow!!!!!!!!!!
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR4YY
Interior
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Detached Carport
Carport Spaces 4
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lawn, Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5245015002
Energy Description 480.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae, Submit
Special Listing Condition Standard
