Listing provided courtesy of Tim Steuernol of NAI Capital Commercial Inc.. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $2,650,000
1201 Cloverdale, Los Angeles CA 90019
Community: C19 - Beverly Center-Miracle Mile
Status: Active
This property was built in 1940 and is priced at $2,650,000. Please see the additional details below.
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.