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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 7,750,000

Est. payment | -/mo

11 Beds

7 Baths

6,853 Sqft Lot

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$ 7,750,000

Est. payment | -/mo

Save

11 Beds

7 Baths

6,853 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26090026

Bedrooms 11

Lot Size 6,853 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE Rare opportunity to acquire 1441, 1443, 1445 Cloverdale Avea unique two-parcel, two-property portfolio being sold together in one transaction in a prime Los Angeles location. This offering features 15 remodeled units, providing immediate rental income, plus 4 additional ADU units already constructed, bringing the total potential to 19 units. The ADUs are near completion and only require electrical and gas connections to become fully operationalcreating a clear path to increased cash flow and higher NOI with minimal remaining work. The existing units have been thoughtfully renovated, allowing a new owner to step into a stabilized, income-producing asset with strong tenant demand. The dual-parcel setup offers flexibility and long-term upside. Investment Highlights:15 remodeled, income-producing units, 4 ADUs near completion (utilities pending), 19 total potential units, 2 parcels | 2 properties | one sale, Strong value-add with minimal remaining work, High-demand Los Angeles rental market. Property financial analysis is presented as if the property is fully occupied, including the completion and operation of all ADU units. This property is ideal for investors seeking immediate cash flow with built-in upside. Complete the ADUs, increase rents, and maximize returns. Opportunities like thiscombining scale, condition, and upsideare rare in todays market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Do

Location

State CA

County Los Angeles

Zoning Assessor

Direction 1441 S Cloverdale , Los Angeles

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5070012049

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

Listed by Ixbalanque Garcia, DRE#02035537 Won Suk Kim Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1441 S Cloverdale Los Angeles, CA 90019