1358 S Cloverdale AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,237 sqft
Price per Sqft $276
MLS Listing ID 25593397
Bedrooms 7
Year Built 1928
Lot Size 6,912 Sqft
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 4 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 written offer. P
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LARD2
Interior
Heating Electric
Exterior
Parking Features Carport,Driveway,One Space
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N Yes
View City Lights
Roof Type Composition
Building
Story 2
New Construction No
Others
Special Listing Condition Standard