Multifamily For Sale

$2,750,000

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1441 S Cloverdale Avenue

  • – beds
  • – baths
  • – sqft
  • 6,851 sqft lot
  • 1951 build
  • on site

Once in a lifetime 100% Vacant 6 Units + 2 ADUs in Prime Mid City priced at only 343k/door for vacant units. Value add opportunity with a huge upside to 7.6% Cap Rate and 10.3 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 2-stories 1,200 SF 3 Bed 3 Bath ADUs. Individually metered for Gas & Electricity.

CRMLS_CA logo Listing courtesy of CRMLS_CA / Armin Soleimani / Global Platinum Properties, Inc.

Last checked: Checking… • Last updated Feb 23, 2021 • Source: CRMLS_CA

MLS# 21696502 —

Amenities & Taxes

The Building

Year Built:
1951
Building Area Total:
5807.00
Number Of Buildings:
2
Total Number Of Units:
8
Stories Total:
2

Location

Directions:
From Venice Boulevard, Turn North onto Cloverdale Ave. The property is located on the West Side (Right).
Latitude:
34.04709000
Longitude:
-118.35229500

The Property

Zoning:
LARD1.5
Lot Size Area:
6851.0000
Lot Size Dimensions:
50x137
Lot Size Acres:
0.1573
Lot Size Square Feet:
6851.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:
Standard
Parcel Number:
5070012049

Heating & Cooling

Heating:
None
Cooling:
No
Cooling:
None

The Community

Senior Community:
No

Parking

Parking:
Yes
Parking:
Uncovered, Garage

Schools

Rating Details
4

Saturn Street Elementary School

  • Public
  • K-5
  • 0.2 mi
7

Fairfax Senior High School

  • Public
  • 9-12
  • 2.5 mi
6

Emerson Community Charter School

  • Public
  • 6-8
  • 4.8 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Loud Moderate Quiet

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Sale history

Date Event Source Price % Change
2/22/21
Listed / Active CRMLS_CA $2,750,000 161.9%
2/10/21
Price Changed CRMLS_CA
1/22/21
Listed / Active CRMLS_CA

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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1441 S Cloverdale Avenue
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