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For sale
  • Listed by: Won Suk Kim Real Estate, Inc. • Ixbalanque Garcia • Contact: 323-202-5885
    Price cut: $100K (5/19)
    $7,750,000

    1441 S Cloverdale Ave, Los Angeles, CA 90019

    45beds
    27baths
    11,393sqft
    : 
    $51,759/mo
    Get pre-qualified
    Multi Family
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $680/sqft
    $-- HOA

    What's special

    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
    |
    65
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ixbalanque Garcia DRE #02035537 323-202-5885,

    Won Suk Kim Real Estate, Inc.

    Source: CRMLS,MLS#: DW26090026MLS LogoOriginating 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
      • Tenant pays: Other

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,054/mo

        Price history

        DateEventPrice
        5/19/2026Price change$7,750,000-1.3%$680/sqft
        Source: CRMLS #DW26090026 Report a problem
        4/29/2026Listed for sale$7,850,000+269.4%$689/sqft
        Source: CRMLS #DW26090026 Report a problem
        12/29/2021Sold$2,125,000-9.6%$187/sqft
        Source: Public Record Report a problem
        8/24/2021Contingent$2,350,000$206/sqft
        Source: CLAW #21696502 Report a problem
        8/18/2021Listed for sale$2,350,000+123.8%$206/sqft
        Source: CLAW #21696502 Report a problem
        10/21/2020Sold$1,050,000+5%$92/sqft
        Source: CRMLS #DW20171190 Report a problem
        8/31/2020Pending sale$1,000,000$88/sqft
        Source: California Regional MLS #DW20171190 Report a problem
        8/21/2020Listed for sale$1,000,000+293.7%$88/sqft
        Source: California Regional MLS #DW20171190 Report a problem
        10/7/1994Sold$254,000$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$27,805 +1.1%$2,255,066 +2%
        2024$27,499 +1.9%$2,210,850 +2%
        2023$26,976 +4.8%$2,167,500 +2%
        2022$25,744 +93.7%$2,125,000 +102.4%
        2021$13,287 +125.1%$1,050,000 +154.6%
        2020$5,904 $412,397 +2%
        2019$5,904 +6.3%$404,311 +2%
        2018$5,554 $396,384 +2%
        2017$5,554 +2.8%$388,613 +2%
        2016$5,404 +2.8%$380,994 +1.5%
        2015$5,257 +0.8%$375,273 +2%
        2014$5,217 $367,923 +11.3%
        2010-- $330,513 +3.8%
        2007-- $318,436 +2%
        2006-- $312,193
        2005-- $312,193 +4%
        2004-- $300,071 +1.9%
        2003-- $294,573 +2%
        2002-- $288,798
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid City

        Getting around

        90 / 100
        Very Walkable
        58 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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