
2807 Cloverdale Ave Los Angeles, CA 90016
West Adams NeighborhoodAbout This Home
As of January 2025Discover a prime investment opportunity in the heart of West Adams with this well-maintained 6-unit multi-family apartment building. Spanning over 4,122 square feet on a spacious 7,200 square foot lot, this two-story property features a total of 8 bedrooms and 6 bathrooms, making it ideal for a variety of tenants.The building boasts a long driveway and a garage, providing ample parking and convenience. Residents will also appreciate the on-site laundry room, enhancing the appeal of this investment.
Situated in one of Los Angeles’ most desirable neighborhoods, you’re just moments away from iconic attractions like the Los Angeles Convention Center and Crypto.com Arena. West Adams is renowned for its vibrant community, rich history, and convenient access to public transport, dining, and entertainment options. This multi-family residence offers an attractive potential for steady rental income, making it a perfect addition to any investor's portfolio. Don’t miss your chance to capitalize on this thriving area with strong demand for rental properties. Schedule a viewing today and explore the possibilities!
Last Agent to Sell the Property
Excellence RE Real Estate Brokerage Email: edsamayoa2003@gmail.com License #01883753 Listed on: 09/26/2024
Last Buyer's Agent
Excellence RE Real Estate Brokerage Email: edsamayoa2003@gmail.com License #01883753 Listed on: 09/26/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 7,202 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,122 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 41
- Tax Tract Number 6710
- Assessor Parcel Number 5043015011
- $1,057 per year additional tax assessments
Community Details
Overview
- 6 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $250
- Water Sewer Expense $500
- Operating Expense $2,500
- Gross Income $6,894
- Net Operating Income $138,000
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/08/2025 01/08/25 | Sold | $800,000 | -27.3% | $194 / Sq Ft |
10/10/2024 10/10/24 | Price Changed | $1,100,000 | -21.1% | $267 / Sq Ft |
10/09/2024 10/09/24 | For Sale | $1,395,000 | 0.0% | $338 / Sq Ft |
10/03/2024 10/03/24 | Pending | -- | -- | -- |
10/02/2024 10/02/24 | For Sale | $1,395,000 | 0.0% | $338 / Sq Ft |
09/26/2024 09/26/24 | Pending | -- | -- | -- |
09/26/2024 09/26/24 | For Sale | $1,395,000 | -- | $338 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Edwin Samayoa
Excellence RE Real Estate
(323) 899-3758
1 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24195057

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