7007 Claire Ave, Los Angeles, CA 91335

Property Description

TWO HOMES. TWO ADDRESSES. ONE INCREDIBLE OPPORTUNITY. 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. Whether you're an investor looking for multiple income streams or a house hacker looking to offset your mortgage from day one, this property offers incredible flexibility. 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. The front home is currently leased at $3,000 per month, delivering immediate rental income from day one of ownership. 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. Move into the back ADU and let the front home's in-place tenant help offset your mortgage from day one. Or hold both units as a turnkey income property with rent already flowing. Approx. 4.9% cap rate based on seller-reported figures: $3,000/mo in-place front unit rent, approximately $3,900/mo projected back unit rent (not yet leased), reassessed property tax, insurance, and gardener expense. Figures are estimates only, not verified by broker. Buyer to independently verify all income and expense information. Located in the Shirley Avenue Elementary attendance area with convenient access to the 101 Freeway, shopping, dining and everyday conveniences throughout the San Fernando Valley. Two addresses. Two private yards. Separate utilities. Parking for each residence. Six total bedrooms. Multiple ways to make the property work for you, live, earn and invest all in one.