Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,294 sqft

Lot size

6,970 sqft

Year built

1951

Stories

1

Heating

Central

Cooling

Dual,Central Air

Pool

None

Status

Active

Days on market

49

MLS #

246002094

About this property

TWO HOMES. TWO ADDRESSES. DELIVERED FULLY VACANT. Welcome to 7007 & 7009 Claire Ave, a rare opportunity offering two separate residences with approximately 2,200 combined square feet, 6 bedrooms and 4 bathrooms, private outdoor spaces, dedicated parking, and separate gas and electric meters. Both residences will be delivered fully vacant at close of escrow, giving the next owner the flexibility to live in one and rent the other, accommodate extended family, or lease both residences at market rents.7007 Claire Ave is the approximately 1,000-square-foot front home featuring 3 bedrooms and 1 bathroom, its own dedicated parking space, plus private front and back yards. The remodeled interior is filled with natural light and features an updated kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances. Additional upgrades include laminate flooring, central A/C installed in 2022, indoor laundry hookups, and updated interior and exterior paint.7009 Claire Ave is the approximately 1,200-square-foot rear residence, a permitted ADU built in 2019 featuring 3 bedrooms and 2.5 bathrooms. The newer construction and spacious floor plan are complemented by its own parking and large private yard, creating separation and privacy that can be difficult to find in a typical income property.For investors, estimated market rents are approximately $3,500 per month for the front residence and $3,900 per month for the rear residence, representing approximately $7,400 per month in potential gross rental income. For an owner-user, occupy either residence and potentially offset housing costs by renting the other. Rental figures are estimates only and are not verified by broker. Buyer to independently verify potential rental income, expenses, permits, square footage, school attendance boundaries, and all other property information. Conveniently located near the 101 Freeway, shopping, dining, and everyday amenities throughout the San Fernando Valley. Two addresses. Two private yards. Separate utilities. Parking for each residence. Six total bedrooms. DELIVERED FULLY VACANT. Live in one, rent the other, or rent both.

Location

7007 Claire Avenue

Los Angeles, Los Angeles, CA, 91335