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Sold for $1,890,000 on 08/28/23
  • Listing Provided by: 

    Andrew Daggett DRE #01907058 844-504-4965,

    The Associates Realty Group

    $1,890,000

    2318 Glover Pl, Los Angeles, CA 90031

    --beds
    --baths
    3,008sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $1,625,500 Zestimate®
    $628/sqft
    $3,346 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 28, 2023 at 01:33pm

    Listing Provided by:

    Andrew Daggett DRE #01907058 844-504-4965,

    The Associates Realty Group

    Bought with:

    Christina Kim, DRE #01431281

    Keller Williams Larchmont

    Source: CRMLS,MLS#: OC23138775MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside
    Features
    • Balcony, Ceiling Fan(s), Open Floorplan
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,008
    • Total interior livable area: 3,008 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Carport spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Side
    • Pool features: None
    Lot
    • Size: 4,593 sqft
    • Features: Level
    Details
    • Parcel number: 5445018005
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Submit
    Services availability
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    Estimated market value

    $1,625,500