2701 South Cloverdale Avenue

Los Angeles, CA 90016

$1,195,000
Price
5
Beds
3
Baths
2,485 Sq. Ft.
$481 / Sq. Ft.
2,485
Sq. Ft.
$481
per Sq. Ft.

Description

Motivated seller! A TRIPLEX in a prime location with a solid rental market in the West Adams area. Close to restaurants and retail establishments. The seller has plans and permits for ADU garage conversion. Each apartment has its own address; the first is located at the corner of Cloverdale Ave and Westhaven Street and has 1 BE/ 1 BA, the second unit on Cloverdale Ave has 3 BE/ 1 BA, and the third is at Westhaven Street and has 1 BE/ 1 BA. Please do not disturb the tenants. Sold as is.Motivated seller! A TRIPLEX in a prime location with a solid rental market in the West Adams area. Close to restaurants and retail establishments. The seller has plans and permits for ADU garage conversion. Each apartment has its own address; the first is located at the corner of Cloverdale Ave and Westhaven Street and has 1 BE/ 1 BA, the second unit on Cloverdale Ave has 3 BE/ 1 BA, and the third is at Westhaven Street and has 1 BE/ 1 BA. Please do not disturb the tenants. Sold as is.
  1. Listed by Cecilia Montano Dimitropo • DRE #01922746 • Brokerage DRE #02105397 • RE/MAX New Dimension

Property Details for 2701 South Cloverdale Avenue

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2485
Assessor Parcel Number
5043-013-015
Property Attached YN
true
LISTING UPDATED: 06/17/2024 06:48 AM

Property Details for 2701 South Cloverdale Avenue

StatusActive
MLS #PW24119650
Days on Market163
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
CountyLos Angeles County

Building Information for 2701 South Cloverdale Avenue

Building/Complex2701 S Cloverdale AveFloor-Stories1Residences-Pet Policy-Year Built1929Building Size-

Property Information for 2701 South Cloverdale Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $51,744
  • Gross Scheduled Income: $51,744
  • Net Operating Income: $30,624
Expense Details
  • Operating Expense: $21,120
  • Gardener Expense: $100
  • Insurance Expense: $810
  • Professional Management Expense: $450
  • Trash Expense: $50
  • Water Sewer Expense: $350
  • Total Expenses: $1,760
Tax / Assessment Info
  • Tax Tract Number: 1446
  • Tax Census Tract: 2199.01
  • CFD/Mello-Roos Fee: $391
  • Tax Lot: 77
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Water Connected
  • Electric: Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: None
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,575
  • Unit Type Total Rent: $2,575
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $930
  • Unit Type Total Rent: $930
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $807
  • Unit Type Total Rent: $807
  • Unit Type Pro Forma: 1775
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2701 South Cloverdale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2701 South Cloverdale Avenue

Taxable ValueLand$832,320Additions$286,110Total$1,118,430
Tax Record2024$13,805 ($1,150 / month)
Home Facts
Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtLot Size4,801 SqFtStyleTriplexYear Built1929ZoningLARD1.5CountyLOS ANGELESAPN5043-013-015

Schools near 2701 South Cloverdale Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Cienega Elementary School
PublicK to 5

New Los Angeles Charter School
Charter6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

Stella Elementary Charter Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2701 South Cloverdale Avenue is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on June 11, 2024 by RE/MAX New Dimension, it's currently listed at $1,195,000. It has been on the market for a total of 163 days and was last sold on May 23, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Cienega Elementary School, New Los Angeles Charter School and Susan Miller Dorsey Senior High School. 2701 South Cloverdale Avenue is a 5-bed, 3-bath, 2,485 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX New Dimension, Cecilia Montano Dimitropo, DRE #01922746

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.