$7,750,000

Multi Family In Los Angeles

  • 11 Beds
  • 7 Baths
  • 6,852 Sqft lot
  • Updated: May 19
  • 12
    Views for last 30 days
  • 1
  • Source:
    San Diego MLS  MLS#DW26090026

About the Property

TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE Rare opportunity to acquire [hidden information] Cloverdale Avea 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 t
TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE Rare opportunity to acquire [hidden information] Cloverdale Avea 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 operationalcreating 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 thiscombining scale, condition, and upsideare rare in todays market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Dont miss it.
  • Property type

    Other

  • Floors

    2

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1441 S Cloverdale, Los Angeles, California, United States View on Google Maps
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Won Suk Kim Real Estate, Inc. - Norwalk

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Won Suk Kim Real Estate, Inc. - Norwalk
California, United States
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22
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2025
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Won Suk Kim Real Estate, Inc. - Norwalk
Norwalk, California, United States
View agency profile
Last updated
May 19
First listed
Apr 29
Listing reference
DW26090026
Listing status
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