2301 S Cloverdale, Los Angeles, CA, 90016

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$4,650,000
16 Days On Site

2301 S Cloverdale
Los Angeles, CA 90016

For Sale|Apartment|Active
0
Beds
0
Total Baths
10,444
SqFt
$445
/SqFt
2019
Built
County:
Los Angeles
Listed by Matthew Oksas of Irongate Real Estate matt_oksas@yahoo.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2301 S Cloverdale2301 S Cloverdale2301 S Cloverdale2301 S Cloverdale
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Roomers West Adams is a Rare opportunity for an investor, owner-user, or specialized housing operator to acquire a newer-construction asset in Mid-City/West Adams. Constructed in 2019 and offered AS IS, this contemporary property consists of 5 modern vertical townhomes, each offering approximately 6 bedrooms and 6.5 bathrooms across three levels. The thoughtfully designed interiors combine modern architecture with functional layouts, hardwood flooring, designer bathrooms, generous closet space, and spacious private suites. Building amenities include a secure gated entrance, community courtyard, and 16 gated parking spaces. At full occupancy, projected gross income is approximately $525,000 annually, representing a pro forma GRM of approximately 8.86 and a 8.92% cap rate. Beyond traditional rental housing, the property's configuration and scale may be particularly compelling to buyers evaluating student/group housing, university-area lodging, specialized co-living, SRO-style housing, transitional or supportive housing, nonprofit housing programs, recovery-oriented residential models, or other innovative shared-housing concepts, subject to zoning, permitted use, occupancy requirements, licensing, and all applicable governmental approvals. With its newer construction, multi-bedroom townhouse configuration, substantial parking, and flexible potential for conventional or specialized housing strategies, this property offers a distinctive opportunity for an investor seeking scale and operational flexibility in Mid City Los Angeles. Prime location central to transportation 10, 405, 110 freeways and Metro Line. Contact listing agent for more details and schedule tours.

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Listing Snapshot
Price 
$4,650,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,444 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2315 Acres
Year Built 
2019
MLS® Number 
SB26206133
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2315
Garage 
Yes
Garage Spaces 
16
Land Lease 
No
Number Of Stories 
3
Parking Spaces 
16
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
10444
Water Source 
Public
Interior Features
Laundry Features 
Common AreaInside
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Street Lights
MLS Area 
C16 - Mid Los Angeles
Financing Terms Available 
Cash
Building Access 
1


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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