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Listed by Ixbalanque Garcia, DRE #02035537 • Won Suk Kim Real Estate, Inc.
$ 7,750,000
Est. payment /mo
Price Dropped by $100K
1441 S Cloverdale Los Angeles, CA 90019
6,853 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26090026
Year Built 1951
Lot Size 6,853 Sqft
Source California Regional MLS
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 Ave-a 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 operational-creating 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 buil
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry Gas Hookup, 30
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5070012049
Special Listing Condition Not Applicable
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