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$1,425,000
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Property Description
Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 5 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through, high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following accepted written offer.
Full Property Details
Full Property Details for 1358 S Cloverdale Ave
General
- Sold For: $1,425,000
- Taxes: (2024)
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25593397
- Added to Site: 118 day(s) ago
Interior
- Rooms/Areas: Walk-In Pantry, Walk-In Closet, Utility Room
- Cooking Appliances: Gas, Built-Ins
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: Accessory Bldgs
Parking
- Garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Garage Description: Garage - 4+ Car, Garage Is Detached, Parking Space, Driveway, Carport
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: Mid Wilshire area on S Cloverdale just N of Pico Blvd.
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Electric
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Exterior Const.: Combination
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 5,237
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1928
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Accessory Bldgs
Lot Features
- Property View: City
- Lot Size (Acres): 0.1587
- Lot Size: 6911
- Lot Size Source: Vendor Enhanced
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $276.88
- Assessment Year: 1928
- Tax Year: 2024
- Owner Pays: Gardener
Disclosures and Reports
- Disclosures/Reports: Trust/Conservatorship
- APN: 5070-009-028
Listed and Sold by Exp Commercial of California, Inc., Toni Nan Xiong
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Schools
Schools serving 1358 S Cloverdale Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Saturn Street Elementary School 5360 Saturn Street, Los Angeles, CA 90019 | K-5 | 0.3 mi |
Emerson Community Charter School 1650 Selby Avenue, Los Angeles, CA 90024 | 6-8 | 4.9 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1358 S Cloverdale Ave
Date
Details
Price
Change
Source
11/06/2025
Sold
$1,425,000
-1.72%
MLS
9/22/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1358 S Cloverdale Ave, Los Angeles, CA 90019 (MLS# 25593397) is a Multi-Family property that was sold at $1,425,000 on November 06, 2025. Want to learn more about 1358 S Cloverdale Ave? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.

