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$ 1,450,000
Est. payment /mo
Pending
1358 S Cloverdale Avenue Los Angeles, CA 90019
7 Beds
5,237 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 5,237 sqft
Price per Sqft $276
MLS Listing ID CL25593397
Bedrooms 7
HOA Y/N No
Year Built 1928
Lot Size 6,911 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 5 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through, high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following accepted written offer.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Electric
Fireplace No
Exterior
View Y/N true
View City Lights
Total Parking Spaces 12
Building
New Construction No
Others
Tax ID 5070009028
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Toni Nan Xiong • Exp Commercial of California, Inc.
