17
See all 17 photos
$7,850,000
Est. payment /mo
11 Beds
7 Baths
6,853 Sqft Lot
New
1441 S Cloverdale Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26090026
Bedrooms 11
Lot Size 6,853 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE Rare opportunity to acquire 1441, 1443, 1445 Cloverdale Avea unique two-parcel, two-property portfolio being sold together in one transaction in a prime Los Angeles location. This offering features 15 remodeled units, providing immediate rental income, plus 4 additional ADU units already constructed, bringing the total potential to 19 units. The ADUs are near completion and only require electrical and gas connections to become fully operationalcreating a clear path to increased cash flow and higher NOI with minimal remaining work. The existing units have been thoughtfully renovated, allowing a new owner to step into a stabilized, income-producing asset with strong tenant demand. The dual-parcel setup offers flexibility and long-term upside. Investment Highlights:15 remodeled, income-producing units, 4 ADUs near completion (utilities pending), 19 total potential units, 2 parcels | 2 properties | one sale, Strong value-add with minimal remaining work, High-demand Los Angeles rental market. Property financial analysis is presented as if the property is fully occupied, including the completion and operation of all ADU units. This property is ideal for investors seeking immediate cash flow with built-in upside. Complete the ADUs, increase rents, and maximize returns. Opportunities like thiscombining scale, condition, and upsideare rare in todays market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Do
Location
State CA
County Los Angeles
Zoning Assessor
Direction 1441 S Cloverdale , Los Angeles
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5070012049
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Ixbalanque Garcia, DRE#02035537 Won Suk Kim Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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