1441 S Cloverdale Los Angeles, CA $ 7,850,000
1441 S Cloverdale
$ 7,850,000
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1441 S Cloverdale

Los Angeles, CA, 90019
$ 7,850,000
Baths1.0 Sq 11,393

Monthly Estimate*

$ 48,334

Listed by Won Suk Kim Real Estate, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,850,000 with 1 full bath. This 11,393 square foot home was built in 1951 on a lot size of 0.1573.

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 built-in upside. Complete the ADUs, increase rents, and maximize returns. Opportunities like this—combining scale, condition, and upside—are rare in today’s market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Don’t miss it.

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Multi-Family Active

Price

$ 7,850,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1573

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26090026

Days on Market

3

Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1951
Tenant Pays Other
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 575316
Community Features Curbs Street Lights
County Los Angeles
Net Operating Income 421871
Operating Expense 153445
Insurance Expense 17352
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 1441 S Cloverdale Los Angeles
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 19
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6853
Listing Terms Cash Cash to New Loan 1031 Exchange Private Financing Available
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 17352
Fuel Expense 0
Trash Expense 6000
Water Sewer Expense 11232
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 47
Property Sub Type Additional Apartment
Taxes 98125
Cap Rate 5.37
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 6853
Number of Buildings 4
Building Area Total 11393
Lot Size Acres 0.1573
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 2
Number of Separate Gas Meters 15
Number of Separate Electric Meters 15
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* Excluded Features
List By
Won Suk Kim Real Estate, Inc.

Broker

ixgrealtor@gmail.com

Email

Affordability Calculator

$48,334
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Monthly Principal & Interest
$48,334
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$7,850,000 Listed Price

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1441 S Cloverdale, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $7,850,000 with 11,393 sqft and a lot size of 0.1573. 1441 S Cloverdale is a studio with 1.0 baths and was built in 1951. The property's zip code is 90019 which is in Los Angeles, CA