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1201 S Cloverdale Avenue

Los Angeles (City), CA 90019
  • $2,650,000
  • STATUS: Active
  • ON SITE: 138 Days
  • ID#: 24406261
UPDATED: 34 min ago
$2,650,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,102
    SQFT
  • $434
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Tim Steuernol of NAI Capital Commercial Inc. (818-905-2400)


Description

The property consists of five units, built in 1940, on an 8,135 square foot lot zoned R3-1HPOZ, with two separate structures totaling 6,102 square feet. Frontage is on Cloverdale Ave and 12th Street, and the property is one block from San Vicente Blvd. The front building is a two-story walk-up layout with two large (1,400 to 1,600 +/- SF) townhome-style units with patios. One unit has four bedrooms and three bathrooms, and the other has three bedrooms and two bathrooms. The rear building has three one-bedroom, one-bathroom units over two 2-car garages and a large laundry room. The property is individually metered for gas and electricity and the landlord pays for water and sewer. ADU Potential - The building in the rear of the property on 12th Street has three units over two garages. There is potential to convert the garages to an accessory dwelling unit (ADU) buyer to verify with the city.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T19:33:45.58. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/151879140
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1201 S Cloverdale Avenue Los Angeles (City), CA 90019

  • Price: $2,650,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 34 min ago
  • ID#: 24406261
10
Beds
0
Baths
0
½ Baths
0.19
Acres
6,102
SQFT
$434
$/SQFT
1940
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
The property consists of five units, built in 1940, on an 8,135 square foot lot zoned R3-1HPOZ, with two separate structures totaling 6,102 square feet. Frontage is on Cloverdale Ave and 12th Street, and the property is one block from San Vicente Blvd. The front building is a two-story walk-up layout with two large (1,400 to 1,600 +/- SF) townhome-style units with patios. One unit has four bedrooms and three bathrooms, and the other has three bedrooms and two bathrooms. The rear building has three one-bedroom, one-bathroom units over two 2-car garages and a large laundry room. The property is individually metered for gas and electricity and the landlord pays for water and sewer. ADU Potential - The building in the rear of the property on 12th Street has three units over two garages. There is potential to convert the garages to an accessory dwelling unit (ADU) buyer to verify with the city.
Exterior Features

Architectural Style Spanish Lot Features Front YardLawn Open Parking Spaces 4 Parking Features GaragePrivateStorageTandem Parking Total 6 Patio And Porch Features OpenPatio

Interior Features

Flooring Wood Heating Central Heating YN Yes

Property Features

Association YN No Community Features Gated Garage YN Yes Gross Income 171336 Laundry Features Inside Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 114580 New Construction YN No Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-06T19:33:45.58. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Tim Steuernol of NAI Capital Commercial Inc. (818-905-2400)