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1074-1078 S Cloverdale Ave
Los Angeles, CA 90019
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 5,746 SF
Average Occupancy 100%
No. Stories 2
Year Built 1947
Parking Ratio 1.04/1,000 SF
Zoning LAR3

Amenities

Unit Amenities

  • Dishwasher
  • Microwave
  • Heating
  • Bay Window
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Smoke Free
  • Window Coverings

Site Amenities

  • Laundry Facilities
  • Trash Pickup - Curbside

About 1074-1078 S CLOVERDALE AVE , LOS ANGELES, CA 90019

6 unit apartment complex in prime Miracle Mile location situated on an approx 7,791 sq.ft lot. Great unit mix of two 2+1 and four 1+1 units with tons of character. Front and back entrances, high ceilings with crown molding, original wood flooring. Each unit has newer forced heat, mostly copper plumbing, updated electrical, on-site laundry room, newer windows. Building recently painted. The interior of 3 units remodeled with upgraded bathrooms and new kitchens, new appliances. All units have separate water heaters and tenants pay their own gas and electricity. 5 garage parking spots,1 outside space and 1 owner storage space. Laundry room with own water heater and separate gas meter. Excellent investment opportunity. Additional $74.58 capital investments surcharge to tenants by Los Angeles Rent Stabilization Ordinance until 7/31/2025 and additional laundry income estimated at $75/month.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,194 -
1+1 1 $2,145 -
1+1 1 $2,074 -
1+1 1 $2,145 -
2+1 1 $1,542 -
2+1 1 $1,533 -

Property Taxes

Property Taxes

Parcel Number
5084-016-033
Land Assessment
$1,503,633
Improvements Assessment
$654,703
Total Assessment
$2,158,336
  • Listing ID: 17511427

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 1074-1078 S Cloverdale Ave, Los Angeles, CA 90019

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