15 days on rocket

9308 Clovis Ave, Los Angeles, CA, 90002

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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9308 Clovis Ave, Los Angeles$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2006
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #OC24093994
Lot Size0.10 Acres
StatusActive

About 9308 Clovis Ave

Excellent Investment Opportunity with Steady Cash Flow! Featuring a CAP Rate of 5.18% and a GRM of 13.03, this building houses two units, each with 4 bedrooms and 2 bathrooms. The upstairs and downstairs units both offer perfect-sized kitchens, a laundry area with hookups, private entrances, and ample assigned parking space. The open floor plans make these units feel exceptionally spacious. Currently, both units are occupied by long-term tenants, ensuring a stable income stream. Conveniently located just minutes from downtown Los Angeles, shopping centers, transportation, freeways, and the Metro. Don't miss out on this prime investment! Tenants are responsible for all utilities except for water, sewer, and landscaping. Please refer to the supplement section for the income statements. Additional interior photos, videos and income statements can be emailed upon request.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 2

Listing Office:

  • Office Name: Ashby & Graff
  • Office Phone: (949) 899-2732
  • Listing Agent: Sepide Ashiq

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile
  • Interior: Open Floorplan
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Animo Watts College Preparatory Academy, Public Charter Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Charles Drew Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninety-Ninth Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 105 W Exit Central, R Central, R Clovis

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000

Tax Information:

  • Annual Amount: $8,438
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

9308 Clovis Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$899,000

-$87.4K Less

KEY TAKEAWAY

This property is $87.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24093994

Listing Office:

  • Office Name: Ashby & Graff
  • Office Phone: (949) 899-2732
  • Listing Agent: Sepide Ashiq

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2017Home Sold
$620,000
Apr 06, 2012Home Sold
$280,000
Dec 02, 2010Home Sold
$217,800
Jun 17, 2010Home Sold
$217,800
Jul 17, 2006Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,438$664,763
2020$8,189$657,948
2019$8,087$645,048
2018$5,578$632,400
2017$5,578$424,412

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6125127
5
/10

  • Ninety-Ninth Street Elementary School

  • 9900 Wadsworth Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-6125128
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.49 miles

  • Public Magnet Grades KG-6

school-card-donut-6125129
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 16.53 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6125130
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 0.78 miles

  • Public Magnet Grades 6-8

school-card-donut-6125131
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.62 miles

  • Public District Grades 6-8

High School

school-card-donut-6125132
2
/10

  • Animo Watts College Preparatory Academy

  • 12628 Avalon Blvd

  • 2.38 miles

  • Public Charter Grades 9-12

school-card-donut-6125133
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.45 miles

  • Public Magnet Grades 9-12

school-card-donut-6125134
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.72 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,429. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90002›9308 Clovis Ave

This home is located at 9308 Clovis Ave in Los Angeles, CA and zip code 90002 in the Green Meadows neighborhood. This home, which was built in 2006, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $899,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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