1236 S Cloverdale Los Angeles, CA 90019
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26010971
HOA Y/N No
Year Built 1955
Lot Size 7,069 Sqft
Property Sub-Type Quadruplex
Property Description
Located on a quiet, tree-lined street in the heart of Miracle Mile, just minutes from world-class museums and Beverly Hills, this four-unit property offers strong in-place income with additional upside in a premier Los Angeles submarket.
The property features four oversized units, each approximately 1,400 sq ft, all with high ceilings and functional, spacious layouts. Three units have been fully remodeled with hardwood flooring, recessed lighting, brand-new kitchens with quartz countertops, and completely renovated bathrooms with high-end finishes.
The two lower units are configured as 2 bedrooms, 2.5 bathrooms. The remodeled upper unit features a 2 bedroom, 2 bathroom layout with central air conditioning and a private balcony, while the remaining non-remodeled unit offers a 2 bedroom, 1 bathroom configuration, presenting clear value-add potential.
Three units are currently rented, providing immediate cash flow, with one unit delivered vacant, ideal for owner-user occupancy or lease-up at market rents. The building totals 5,532 sq ft on a 7,068 sq ft lot and includes two side-by-side two-car garages, offering four enclosed parking spaces.
A turnkey Miracle Mile asset with premium finishes, favorable unit mix, parking, and upside—well-positioned for investors seeking long-term stability and appreciation.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Cooling Central Air
Flooring Wood
Fireplace No
Laundry In Garage
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Street Lights
View Y/N Yes
View City Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5084032017
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Special Listing Condition Standard
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