TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE
Rare opportunity to acquire 1441, 1443, 1445 Cloverdale Ave—a unique two-parcel, two-property portfolio being sold together in one transaction in a prime Los Angeles location. This offering features 15 remodeled units, providing immediate rental income, plus 4 additional ADU units already constructed, bringing the total potential to 19 units. The ADUs are near completion and only require electrical and gas connections to become fully operational—creating a clear path to increased cash flow and higher NOI with minimal remaining work. The existing units have been thoughtfully renovated, allowing a new owner to step into a stabilized, income-producing asset with strong tenant demand. The dual-parcel setup offers flexibility and long-term upside. Investment Highlights:15 remodeled, income-producing units, 4 ADUs near completion (utilities pending), 19 total potential units, 2 parcels | 2 properties | one sale, Strong value-add with minimal remaining work, High-demand Los Angeles rental market. Property financial analysis is presented as if the property is fully occupied, including the completion and operation of all ADU units. This property is ideal for investors seeking immediate cash flow with built-in upside. Complete the ADUs, increase rents, and maximize returns. Opportunities like this—combining scale, condition, and upside—are rare in today’s market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Don’t miss it.
Listed by Ixbalanque Garcia
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License #02035537
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Won Suk Kim Real Estate, Inc.
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323-202-5885
Last updated April 28, 2026
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Source: CRMLS #DW26090026
Listing Facts
TypeMulti-family
NeighborhoodMid City
Days on Prevu3
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/28/2026
Listed by Won Suk Kim Real Estate, Inc.
$7,850,000
Property Details for 1441 S Cloverdale
Association
Amenities
Community Features: Curbs, Street Lights
Exterior
Construction
Number Of Units Total: 19
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1951
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 11,393
Building Area Units: Square Feet
Lot Features: 16-20 Units/Acre
Lot Size Acres: 0.15
Lot Size Area: 6,853
Lot Size Source: Assessor
Lot Size Square Feet: 6,853
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.37
Gross Income: $575,316.00
Operating Expense: $153,445.00
Taxes
Parcel Number: 5070012049
Other
Location
Tax Block: 1
Tax Lot: 47
Utilities
Equipment
Cooling: Ductless
Has Cooling: Yes
Heating: Ductless
Has Heating: Yes
Laundry Features: Washer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1441 S Cloverdale.
How does 1441 S Cloverdale compare to other multi-family homes in Mid City?
This multi-family home is listed 276% above the average price for multi-family homes in Mid City and has been on the market for 164 less days than the typical home in this area.
1441 S Cloverdale is a -bedroom multi-family home for sale in Los Angeles CA 90019. On Prevu for 3 days at $7,850,000. This residence is located in Mid City. The median listing price for multi-family homes in this area is $1,599,950. The home offers parking. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.