1257 S Cloverdale Avenue
Los Angeles, CA, 90019 $ 2,175,000
Bedrooms7 Baths2.0 Sq 4,888 Monthly Estimate*
$ 13,733
Listed by Marcus & Millichap
for $2,175,000 with 7 bedrooms and 2 full baths. This 4,888 square foot home was built in 1938 on a lot size of 0.1586.
We are pleased to present a four (4) unit apartment building located at 1257 S Cloverdale Ave in Los Angeles, California. The subject property is located in a prime Mid-City location, just south of San Vicente Blvd and west of La Brea Ave. Located in the heart of Mid-City, this rare turnkey fourplex offers an excellent unit mix of two one-bedroom units, one two-bedroom unit, and one three-bedroom unit, which will be delivered vacant, creating an ideal owner-user opportunity. The property has had major capital improvements such as a new roof, electrical, and plumbing. In addition, the property has been extensively renovated with stainless steel appliances, central HVAC, in-unit washer and dryers, hardwood flooring, quartz countertops, and modern finishes throughout. Separately metered for gas and electricity, the asset also features rear garage parking with potential for future ADU conversion. Residents benefit from immediate access to the 10 Freeway, the Metro D Line, major commercial corridors, Midtown Shopping Center, and numerous dining, retail, fitness, and entertainment destinations throughout the surrounding neighborhood. Rarely does a Mid-City asset combine turnkey condition, owner-user appeal, future development potential, and an irreplaceable central location, making this an outstanding opportunity to acquire a high-quality multifamily investment in one of Los Angeles' most desirable rental markets.
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FeaturesGeneralLiving Area 4888
Heating Central
Cooling Central Air
Zoning LARD2
Year Built 1938
Stories Count 2
Levels Two
Gross Income 175020
County Los Angeles
Net Operating Income 126786
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of San Vicente Blvd and west of La Brea Ave
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 6907
Standard Status Active
Cap Rate 5.83
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InteriorTotal Stories 0
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 5
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ExteriorTotal Parking 0
Lot Size Area 6907
Number of Buildings 1
Building Area Total 4888
Lot Size Acres 0.1586
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* Excluded FeaturesList Byjtuvia@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,733
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,857,962
Percent of Sale Price 15%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/13/2026 | $2,175,000 | | Listed Price |