DO NOT MISS THIS INVESTMENT OPPORTUNITY IN ONE OF THE MOST STABLE AND DESIRABLE LOCATIONS OF LOS ANGELES! Fantastic opportunity to own a 6 unit apartment complex with great curb appeal in the Miracle Mile Area of Los Angeles.This value-add multifamily is a 6 unit complex approx. 5,746 sf. built in 1947 with lots of character and charm, lot approx. 7,791 sf.The unit mix includes (2)two-bedroom and (4) one-bedroom units. Three units updated and remodeled with new kitchens and bathrooms, hardwood floors, stainless appliances, and new window treatments. All units have new forced heating, copper plumbing, new windows, and the building was recently painted. System package includes separate electrical and gas utilities for each unit and separate hot water heaters.Parking includes 5 garage spaces, one outdoor parking space, on-site laundry room and one owner storage area.
Off market
$2,069,700
1074 1/2 S Cloverdale Ave, Los Angeles, CA 90019
8beds
6baths
5,746sqft
MultiFamily
Built in 1947
-- sqft lot
$2,069,700 Zestimate®
$360/sqft
$4,369 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Forced air
Cooling
- Wall
Appliances
- Included: Dishwasher, Microwave
Interior area
- Total interior livable area: 5,746 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Detached
Lot
- Size: 7,792 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- UnitTypeType: 1, 2, 3, 4, 5, 6
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Garage - 4+ Car
- ListingArea: Beverly Center-Miracle Mile
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Estimated market value
$2,069,700