1443 S Cloverdale Avenue
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 13,699 sqft lot
- 1963 build
- – on site
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Reduced 750k! Once in a lifetime 100% Vacant 15 Units + 4 ADUs in Prime Mid City priced at only 349k/door for vacant units. Value add opportunity with a huge upside to 7.5% Cap Rate and 10.6 GRM after renovations. Excellent location minutes from Beverly Hills, Culver City, and West Adams. Potential to create 2 detached 1,200 SF 3 Bed 3 Bath ADUs & 2 attached 400 SF 1 Bed 1 Bath ADUs. Please see Financials & Preliminary ADU Plans in the Docs section. Price/Unit, Cap Rate, & GRM are based on Total Price for sake of conservatism, which includes construction costs of ADUs. Individually metered for Gas & Electricity.
Last checked:
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Last updated Jul 31, 2023
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MLS# 21697094 —
The Building
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Year Built:1963
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New Construction:No
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Building Area Total:12721.00
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Total Number Of Units:19
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# of Buildings:1
Location
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Directions:From Venice Blvd, Turn North onto Cloverdale Ave. The property is on the West Side (Right)
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Latitude:34.04705500
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Longitude:-118.35224500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:13699.0000
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Lot Size Acres:0.3145
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Lot Size SqFt:13699.00
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Lot Size Source:Owner
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5070012048
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Senior Community:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/29/21
Dec 29, 2021
|
Sold | CRMLS_CA | $5,625,000 | -6.3% |
8/24/21
Aug 24, 2021
|
Sold Subject To Contingencies | CRMLS_CA | $6,000,000 | |
5/18/21
May 18, 2021
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Price Changed | CRMLS_CA | $6,000,000 | -5.5% |