$ 1,450,000
-
$1,450,000
Price -
7
Bed -
4
Bath -
5,237
SqFt
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About the Listing CLW-X83131 - CLW-X65819
Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 5 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through, high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following accepted written offer.
Listing Highlights for 1358 S Cloverdale Ave
Status
Pending
Days on Site
33
Property Type
Multi-Family
MLS ®
25593397
Year Built
1928
Total Square Footage
5,237
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances: Built-In
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 12
- Zoning: LARD2
- Roof: Composition
- Others: 2+ Total Units
- Sewer:
- Parking Features: Parking Space,Driveway,Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5070009028
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1358 S Cloverdale Ave Los Angeles, CA 90019
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