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$2,175,000
New Listing

1257 S Cloverdale Avenue
Los Angeles, CA 90019

For Sale|Residential Income|Active
7
Beds
5
Total Baths
4,888
SqFt
$445
/SqFt
1938
Built
County:
Los Angeles
Listed by Jason Tuvia of Marcus & Millichap [email protected]
1257 S Cloverdale Avenue1257 S Cloverdale Avenue1257 S Cloverdale Avenue1257 S Cloverdale Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$9,923
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We are pleased to present a four (4) unit apartment building located at 1257 S Cloverdale Ave in Los Angeles, California. The subject property is located in a prime Mid-City location, just south of San Vicente Blvd and west of La Brea Ave. Located in the heart of Mid-City, this rare turnkey fourplex offers an excellent unit mix of two one-bedroom units, one two-bedroom unit, and one three-bedroom unit, which will be delivered vacant, creating an ideal owner-user opportunity. The property has had major capital improvements such as a new roof, electrical, and plumbing. In addition, the property has been extensively renovated with stainless steel appliances, central HVAC, in-unit washer and dryers, hardwood flooring, quartz countertops, and modern finishes throughout. Separately metered for gas and electricity, the asset also features rear garage parking with potential for future ADU conversion. Residents benefit from immediate access to the 10 Freeway, the Metro D Line, major commercial corridors, Midtown Shopping Center, and numerous dining, retail, fitness, and entertainment destinations throughout the surrounding neighborhood. Rarely does a Mid-City asset combine turnkey condition, owner-user appeal, future development potential, and an irreplaceable central location, making this an outstanding opportunity to acquire a high-quality multifamily investment in one of Los Angeles' most desirable rental markets.

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Listing Snapshot
Price 
$2,175,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
4,888 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1586 Acres
Year Built 
1938
MLS® Number 
26859355
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.1586
Levels 
Two
Special Circumstances 
Standard
SqFt Total 
4888
Zoning 
LARD2
Interior Features
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
C19 - Beverly Center-Miracle Mile


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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