1257 S Cloverdale Ave , Los Angeles, CA 90019
$2,175,000
Est. Payment: $11,616.02/mo
6 Bed
4 Bath
4888 Sqft
Status: Active | Days on site: 8
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CLW-X75151 - CLW-X92444
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House 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.

Highlights

Listed by Jason Tuvia , 818-212-2735 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1938

County

Los Angeles

Area

C19 - Beverly Center-Miracle Mile

Listing ID

26859355

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:0
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LARD2
Others:
  • Additional:2+ Total Units, Has ADU
Principal Interest
$11,616
Taxes
$1,387

Home Price

$2,175,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$435,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,616.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,616.02 $1,386.56 $0.00 $13,002.58
Yearly $139,392.27 $16,638.75 $0.00 $156,031.02
Total $4,181,768.03 $499,162.50 $0.00 $4,680,930.53

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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