7801 Clearfield Ave, Los Angeles, CA 91402
7801 Clearfield Ave, Los Angeles, CA 91402,Video Tour
7801 Clearfield Ave, Los Angeles, CA 91402
35
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$1,349,000
Est. payment /mo
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6 Beds
3 Baths
2,239 SqFt
New

7801 Clearfield Ave Los Angeles, CA 91402

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,239 sqft

Price per Sqft $602

MLS Listing ID 26989887

Bedrooms 6

Construction Status Updated/Remodeled

Year Built 1951

Lot Size 6,059 Sqft

Acres 0.1391

Property Sub-Type Multi-Family

Property Description

A RARE, FULLY VACANT TWO-RESIDENCE INCOME OPPORTUNITY READY TO RENT NOW. No tenants to inherit, no existing leases, and no waiting for units to become available. Both residences are completely vacant, allowing the next owner to select tenants, establish market rents, and put the property to work immediately. With projected combined rents of approximately $7,800/month and annual gross income of approximately $93,600, the $1,349,000 offering price calculates to a 14.41 pro forma GRM and an estimated 4.9% +/- pro forma cap rate based on projected rents and expenses. The property combines an extensively reconstructed and beautifully renovated 4-bedroom, 2-bath main residence with a BRAND-NEW, NEVER-OCCUPIED detached 2-bedroom, 1-bath ADU of approximately 721 square feet. Rebuilt from the subfloors up and studs out, the main residence features two living areas, an open-concept floor plan, quartz countertops, custom cabinetry, stainless steel appliances, gas cooking, a tankless water heater, new central air conditioning, energy-efficient windows, updated systems, and interior laundry hookups. The newly constructed ADU features a desirable split-bedroom layout, central air conditioning, energy-efficient windows, separate gas and electric meters, its own address, and available off-street parking. The property provides parking for up to four vehicles. Projected market rents are approximately $4,800/month for the main residence and $3,000/month for the ADU. For an investor, the opportunity is straightforward: acquire two substantially improved, completely vacant residences and establish a rental program from a clean slate without inherited tenants, legacy rents, or existing lease terms. For an eligible owner-occupant, live in one residence while utilizing the other for potential rental income. Qualified buyers may also explore FHA or VA owner-occupant financing, subject to lender guidelines and buyer qualification. Conveniently located in Panorama City near major shopping, dining, services, and access to the 405, 170, and 5 freeways. Whether purchased as an income property, multigenerational compound, or owner-occupied residence with additional income potential, Clearfield offers something increasingly difficult to replicate: TWO VACANT, IMPROVED RESIDENCES READY TO PERFORM FROM DAY ONE. Projected rental income, NOI, GRM, and cap rate are pro forma estimates only, are not existing rental history, and should be independently verified by the buyer and buyer's agent.

Location

State CA

County Los Angeles

Area Panorama City

Zoning LAR1

Rooms

Family Room 1

Other Rooms Other

Dining Room 0

Kitchen Quartz Counters, Remodeled, Skylight(s)

Interior

Interior Features Open Floor Plan, Recessed Lighting

Heating Central, Electric, Forced Air, Wall Electric

Cooling Air Conditioning, Ceiling Fan, Central, Wall Unit(s)

Flooring Vinyl Plank

Fireplaces Type Den, Family Room

Inclusions All appliances on the premises

Equipment Range/Oven, Refrigerator, Microwave, Garbage Disposal, Hood Fan, Dishwasher

Laundry In Unit, Laundry Area, In Kitchen

Exterior

Parking Features Driveway - Pavers

Garage Spaces 4.0

Pool None

Roof Type Shingle

Building

Lot Description Fenced Yard, Sidewalks, Single Lot

Story 1

Water Public

Level or Stories One

Structure Type Stucco, Wood Siding

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/84a12cf1-549d-4239-bef7-b9147d790496?wl=true&setAttribution=mls&initialViewType=pano

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Epique Realty

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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7801 Clearfield Ave