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1201 S Cloverdale Ave, Los Angeles, CA 90019
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1201 S Cloverdale Ave Los Angeles, CA 90019

$2,650,000
  • 38 Beds
  • 29 Baths
  • 6,102 Sq.Ft.
For Sale
$2,650,000 Get Pre-Qualified
Map preview of 1201 S Cloverdale Ave, Los Angeles, CA 90019

Property Overview: 1201 S Cloverdale Ave Los Angeles, CA has 38 bedrooms, 29 bathrooms, 6,102 living square feet and 8,135 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Tim Steuernol | BRE #01742766 | NAI Capital Commercial Inc.
Last checked: 10 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
8,135
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24406261
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,011
  • Total Rent: $1,011
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,222
  • Total Rent: $4,222
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,575
  • Total Rent: $4,575
  • Pro Forma/Market Rent: $5,200
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,970
  • Total Rent: $1,970
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.4
  • Gross Scheduled Income: --
  • Net Operating Income: $114,580
  • Gross Operating Income: $166,918
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1201 S Cloverdale Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Tandem Garage, Private, Built-In Storage
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 5
  • Parcel Number: 5084032018
  • Year Built Source: Estimated
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Park on Cloverdale or 12th St
View more facts & features

Local Los Angeles Agent

Sale History for 1201 S Cloverdale Ave

Last sold on November 14th, 2014

  • June, 2024

  • Jun 20, 2024

    Date

    Active

    CRMLS: 24406261

    $2,650,000

    Price

  • September, 2023

  • Sep 24, 2023

    Date

    Expired

    CRMLS: 23255539

    $2,750,000

    Price

  • Mar 29, 2023

    Date

    Active

    CRMLS: 23255539

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    The property consists of five units, built in 1940, situated 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 style 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 electric and landlord pays water and sewer.

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: 22195061

    $2,995,000

    Price

  • Aug 30, 2022

    Date

    Active

    CRMLS: 22195061

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

    Large Vacant Four-Bedroom, Three-Bathroom Townhome Unit, ideal for an owner/user. The property consists of five units, built in 1940, situated 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 style 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 electric and landlord pays water and sewer.

  • November, 2014

  • Nov 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1201 S Cloverdale Ave

Assessed Value (2020): $1,427,517
Year Land Value Improved Value Assessed Value
2020 $769,255 $658,262 $1,427,517

Home Value Compared to the Market

This property vs the competition

1201 S Cloverdale Ave is listed 114.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $434.28 per/sqft which puts the price per square foot 43.96% lower than the median price per square foot for the city of Los Angeles.

About 1201 S Cloverdale Ave

Detailed summary of property

1201 S Cloverdale Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 38 bedrooms, 29 bathrooms, roughly 6,102 living square feet, and sits on an approximately 8,135 square foot lot. 1201 S Cloverdale Ave was first listed on ArdentRealEstateGroup.com on June 20, 2024. The homeowner is currently asking $2,650,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 114.4% higher than the median priced home. Local competing homes currently for sale include 4639 Lomita St, 924 S Orange Grove Ave and 6138 Orange St. While the average home in Los Angeles, CA is selling in 99 days, 1201 S Cloverdale Ave has a days on market of 9 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1201 S Cloverdale Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1201 S Cloverdale Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
6,102
Lot Size
8,134
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
538
APN
5084-032-018

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
78
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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