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1201 S Cloverdale Ave
Los Angeles, CA 90019

$2,650,000 USD

Apartments For Sale • 6,102 SF

Property Details

Property Type Apartments
Total Building Size 6,102 SF
Lot Size 0.19 AC
Building Class C
Year Built 1940
Cap Rate 4.67 %
Zoning LAR3

61 Transit Score

85 Walk Score

                
                    Highlights
                
                                VACANT 4+3 Townhome - Owner/User Potential
                            
                                ADU Potential
                            
                                Incredible Mid-City submarket location in a highly desirable historic neighborhood surrounded by million-dollar homes, new development, amenities.
                            
                                Approximately 24% Upside in Rents 
                            
                                Walk Score of 85, Bike Score of 82. Very walkable, most errands can be accomplished on foot and very convenient for most trips on a bike.

Property Flyers

1201 Cloverdale_5 Units_2025

Financial Summary (Actual)

Net Operating Income: $123,971 USD (2024)

Cap Rate:	4.67 %
Total Expenses:	$52,619 USD

Amenities

Balcony
Ceiling Fans
Crown Molding
Hardwood Floors

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	15 min	-	8.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	8.5 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	9.7 mi
Bob Hope	24 min	-	12.3 mi
Long Beach (Daugherty Field)	36 min	-	26.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	TwoCarGarage
Included in Rent:	Yes

Tim Steuernol 310-406-9110 NAI Capital

1201 S Cloverdale Ave Los Angeles, CA 90019