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1516 S Cloverdale Ave, Los Angeles, CA 90019
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1516 S Cloverdale Ave Los Angeles, CA 90019

$1,259,000
  • 9 Beds
  • 6 Baths
  • 2,581 Sq.Ft.
For Sale
$1,259,000 Get Pre-Qualified
Map preview of 1516 S Cloverdale Ave, Los Angeles, CA 90019

Property Overview: 1516 S Cloverdale Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 2,581 living square feet and 5,480 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: Discover this beautifully updated and meticulously maintained duplex, an ideal investment opportunity in a prime location at Mid-City Area. Each of the two spacious units features 3 bedrooms and 2 bathrooms, offering full privacy with no shared ceilings or floors. Modern amenities include central air conditioning and heating, along with the convenience of in-unit washer and dryer. The property is designed for comfort and functionality, with abundant parking available in the front and back, plus a detached two-car garage that offers the potential for an Accessory Dwelling Unit (ADU). Each unit enjoys its own private backyard with access from both the street and alley, providing a perfect outdoor retreat. Conveniently located near Beverly Hills and Culver City, with easy access to major freeways, this duplex attracts quality tenants and generates strong rental income. The current tenants are up to date.

Listed by Sue Soyoung Kim | BRE #01827069 | Bee Investment, Inc.
Last checked: 1 minute ago | Last updated: August 30th, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,480
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24431158
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,450
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1516 S Cloverdale Ave

No upcoming open houses

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Property Details for 1516 S Cloverdale Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5070014020
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Pico, West of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 1516 S Cloverdale Ave

Last sold for $824,000 on August 8th, 2018

  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: 24431158

    $1,259,000

    Price

  • April, 2023

  • Apr 28, 2023

    Date

    Expired

    CRMLS: 23245501

    $1,245,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: 23245501

    $1,245,000

    Price

  • Listing provided courtesy of CRMLS

    Huge price reduction! The seller is highly motivated!! Conveniently located duplex with 3 bedroom / 2 bath each. The units are side by side. Each unit does not share ceiling and/or floor. The property offers good rental income to the investors, or to the owner user who would like live one and rent other. The both units are remodeled heavily recently. The back yard is divided by fence for privacy. The parking access from the street and alley at the back of the house. Must see before too late.

  • March, 2023

  • Mar 20, 2023

    Date

    Expired

    CRMLS: 23234195

    $3,300

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: 23234195

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled 3 bedrooms and 2 bathrooms unit with 3+ parking spaces. Each bedroom is good sized. Beautiful kitchen island and abundant kitchen cabinetry. Very close to Culver City, West LA, Downtown & Santa Monica. Must see before its too late!

  • January, 2019

  • Jan 27, 2019

    Date

    Canceled

    CRMLS: 19423006

    $3,000

    Price

  • Jan 12, 2019

    Date

    Active

    CRMLS: 19423006

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    : Location! Location! Location! Very close to Culver City, West LA, Downtown. Easy access to metro, freeway. Huge upgrade is just done! Beautifully remodeled kitchen-new cabinet, new quartz counter top, new gas oven and etc. Beautifully finished laminate floor. Brand new 2 full bathrooms. The all 3 bedrooms are quite good sized. Come and see before its too late!

  • January, 2019

  • Jan 5, 2019

    Date

    Expired

    CRMLS: 18393434

    $3,000

    Price

  • Oct 22, 2018

    Date

    Price Change

    CRMLS: 18393434

    $3,000

    Price

  • Oct 18, 2018

    Date

    Price Change

    CRMLS: 18393434

    $3,300

    Price

  • Oct 18, 2018

    Date

    Price Change

    CRMLS: 18393434

    $3,500

    Price

  • Oct 4, 2018

    Date

    Active

    CRMLS: 18393434

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! Very close to Culver City, West LA, Downtown. Easy access to metro, freeway. Huge upgrade is just done! Beautifully remodeled kitchen-new cabinet, new quartz counter top, new gas oven and etc. Beautifully finished laminate floor. Brand new 2 full bathrooms. The all 3 bedrooms are quite good sized. Come and see before its too late!

  • August, 2018

  • Aug 10, 2018

    Date

    Sold

    CRMLS: SR18071422

    $824,000

    Price

  • Jul 30, 2018

    Date

    Pending

    CRMLS: SR18071422

    $799,900

    Price

  • Jul 2, 2018

    Date

    Active Under Contract

    CRMLS: SR18071422

    $799,900

    Price

  • Jul 2, 2018

    Date

    Active

    CRMLS: SR18071422

    $799,900

    Price

  • Jun 20, 2018

    Date

    Hold

    CRMLS: SR18071422

    $799,900

    Price

  • Jun 20, 2018

    Date

    Active

    CRMLS: SR18071422

    $799,900

    Price

  • Jun 11, 2018

    Date

    Hold

    CRMLS: SR18071422

    $799,900

    Price

  • May 10, 2018

    Date

    Active

    CRMLS: SR18071422

    $799,900

    Price

  • May 10, 2018

    Date

    Price Change

    CRMLS: SR18071422

    $799,900

    Price

  • May 8, 2018

    Date

    Withdrawn

    CRMLS: SR18071422

    $769,900

    Price

  • Mar 29, 2018

    Date

    Active

    CRMLS: SR18071422

    $769,900

    Price

  • Listing provided courtesy of CRMLS

    Great upside potential in a up and coming neighborhood. Two units both with 2 beds and 1 bath with large family and dining room. Newer roof and inside laundry area. Hardwood floors and spacious layout. Gated with plenty of parking space. Perfect for an investor or live in one unit and collect the rent on the other unit. WILL BE DELIVERED WITH ONE UNIT VACANT!

  • August, 2018

  • Aug 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $824,000

    Price

  • December, 2017

  • Dec 30, 2017

    Date

    Expired

    CRMLS: SR17212890

    $799,000

    Price

  • Dec 13, 2017

    Date

    Price Change

    CRMLS: SR17212890

    $799,000

    Price

  • Sep 14, 2017

    Date

    Active

    CRMLS: SR17212890

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Great upside potential! Two units with large family and dining area in great & quiet La Brea area. Newer roof and inside laundry area. Hardwood floors and spacious layout. Gated with plenty of parking space. Perfect for an investor or live in one unit and collect the rent on the other unit.

  • September, 2009

  • Sep 11, 2009

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

Show More

Tax History for 1516 S Cloverdale Ave

Assessed Value (2020): $840,480
Year Land Value Improved Value Assessed Value
2020 $612,000 $228,480 $840,480

Home Value Compared to the Market

This property vs the competition

1516 S Cloverdale Ave is listed 4.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $487.8 per/sqft which puts the price per square foot 36.48% lower than the median price per square foot for the city of Los Angeles.

About 1516 S Cloverdale Ave

Detailed summary of property

1516 S Cloverdale Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 2,581 living square feet, and sits on an approximately 5,480 square foot lot. 1516 S Cloverdale Ave was first listed on ArdentRealEstateGroup.com on August 24, 2024. The homeowner is currently asking $1,259,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.92% higher than the median priced home. Local competing homes currently for sale include 1325 S Mansfield Ave, 2014 S Burnside Ave and 2115 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 106 days, 1516 S Cloverdale Ave has a days on market of 27 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1516 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 1516 S Cloverdale Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
2,581
Lot Size
5,479
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5070-014-020

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Recently Sold Homes Near 1516 S Cloverdale Ave

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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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