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.
104 days
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65
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2
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Zillow last checked:
Listing updated:
Listed by:
Ixbalanque GarciaDRE #02035537323-202-5885,
Won Suk Kim Real Estate, Inc.
Source: CRMLS,MLS#: DW26090026Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 45
Bathrooms: 27
Heating
Ductless
Cooling
Ductless
Appliances
Laundry: Washer Hookup, Gas Dryer Hookup
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 11,393
Total interior livable area: 11,393 sqft
Property
Features
Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Lot
Size: 6,853 Square Feet
Features: 16-20 Units/Acre
Details
Parcel number: 5070012049
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Condition
New construction: No
Year built: 1951
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Street Lights
Location
Region: Los Angeles
Financial & listing details
Price per square foot: $680/sqft
Tax assessed value: $2,255,066
Annual tax amount: $27,805
Date on market: 4/28/2026
Cumulative days on market: 104 days
Listing terms: Cash,Cash to New Loan,1031 Exchange,Private Financing Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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