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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,175,000

Est. payment - /mo

7 Beds

5 Baths

4,888 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,888 sqft

Price per Sqft $444

MLS Listing ID 26859355

Bedrooms 7

HOA Y/N No

Year Built 1938

Lot Size 6,908 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Fireplace No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5070010002

Special Listing Condition Standard

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Listed by Jason Tuvia Marcus & Millichap #01772495

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1257 S Cloverdale AVE Los Angeles, CA 90019

Patricia Beattie

Key Details

Location

Interior

Building

Others

Nearby School & Business

Get More Information