2301 S Cloverdale, Los Angeles, CA 90016
2301 S Cloverdale, Los Angeles, CA 90016
2301 S Cloverdale, Los Angeles, CA 90016
2301 S Cloverdale, Los Angeles, CA 90016
2301 S Cloverdale, Los Angeles, CA 90016
2301 S Cloverdale, Los Angeles, CA 90016
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Woody Henderson

Woody Henderson

+1(619) 850-5432
$ 4,650,000
Est. payment | /mo

24 Beds

28 Baths

10,083 Sqft Lot

Save Virtual Tour
$ 4,650,000
Est. payment | /mo
Save Virtual Tour

24 Beds

28 Baths

10,083 Sqft Lot

Open House

Tue Oct 06, 11:00am - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26206133

Bedrooms 24

Lot Size 10,083 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Roomers West Adams is a Rare opportunity for an investor, owner-user, or specialized housing operator to acquire a newer-construction asset in Mid-City/West Adams. Constructed in 2019 and offered AS IS, this contemporary property consists of 5 modern vertical townhomes, each offering approximately 6 bedrooms and 6.5 bathrooms across three levels. The thoughtfully designed interiors combine modern architecture with functional layouts, hardwood flooring, designer bathrooms, generous closet space, and spacious private suites. Building amenities include a secure gated entrance, community courtyard, and 16 gated parking spaces. At full occupancy, projected gross income is approximately $525,000 annually, representing a pro forma GRM of approximately 8.86 and a 8.92% cap rate. Beyond traditional rental housing, the property's configuration and scale may be particularly compelling to buyers evaluating student/group housing, university-area lodging, specialized co-living, SRO-style housing, transitional or supportive housing, nonprofit housing programs, recovery-oriented residential models, or other innovative shared-housing concepts, subject to zoning, permitted use, occupancy requirements, licensing, and all applicable governmental approvals. With its newer construction, multi-bedroom townhouse configuration, substantial parking, and flexible potential for conventional or specialized housing strategies, this property offers a distinctive opportunity for an investor seeking scale and operational flexibility in Mid City Los Angeles. Prime location central to transportation 10, 405,

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 10FWY West Exit La Brea Ave, First Left W 23RD St, First Left S Manfield Ave, Right on Bangor St and Left onto Cloverdale

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5063008066

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://tour.steelandzane.com/2301_cloverdale_ave-7663

MLS Router / San Diego MLS
Listed by Matthew Oksas, DRE#01437004 Irongate Real Estate 
Co-listed byStacey Perlman • Irongate Real Estate
Nearby Locations
Woody Henderson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 850-5432

woody@woodyhenderson.com

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2301 S Cloverdale