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Sold for $1,095,000 on 09/08/25
  • Listing Provided by: 

    Dolores Bueno DRE #01126752 montoya4re@aol.com,

    DOLORES VARGAS BUENO, BROKER

    $1,095,000

    1278 Clela Ave, Los Angeles, CA 90022

    8beds
    4baths
    3,442sqft
    Quadruplex
    Built in 1954
    -- sqft lot
    $1,091,400 Zestimate®
    $318/sqft
    $3,023 Estimated rent

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    $3,023/mo

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    $3,023/mo

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    $6,871/mo

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    What's special

    Current rent increase is October 2025.Get in now! Please read up on the city of Los Angeles landlord benefits. New owner may submit application to Los Angeles housing ordinance to request rent increase based on any property improvements!! This is great for anyone doing the math on the current rent and how to increase your market value!!agents to do their due diligence and verify all information stated. New roof! New exterior paint! GREAT OPPORTUNITY FOR YOU! 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, according to public records. Imagine building above the garages. Check with city of this is possible.... Property is 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, check if this is possible. The framed carport is for four cars, looks like you 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, all but one retrofit repair has been done all in May of 2025. These are big ticket items that you will not have to worry about. Home inspection and termite report available for your review. Fully transparent reports to share with your buyer. 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. All units are alike in floor plan. Please review the pictures and read showing instructions. Thank you for your interest. Let’s open escrow!!!!!!!!!!

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2025 at 02:42pm

    Listing Provided by:

    Dolores Bueno DRE #01126752 montoya4re@aol.com,

    DOLORES VARGAS BUENO, BROKER

    Bought with:

    Ricardo Arias, DRE #01275626

    IET Real Estate

    Source: CRMLS,MLS#: CV24142681MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,442
    • Total interior livable area: 3,442 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Carport
    • Carport spaces: 4
    Features
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 6,176 sqft
    • Features: Lawn, Street Level
    Details
    • Parcel number: 5245015002
    • Zoning: LCR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 6960

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Fannie Mae,Submit
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    Estimated market value
    $1,091,400