Renovated Quadplex with Garage
For Sale
$2,175,000
1257 Cloverdale Ave, Los Angeles, CA 90019
Vacant delivery supports flexible occupancy planning across a renovated apartment property near Mid-City’s commercial and transit amenities.
Property SizeContact for details
Days on Market51
Property Features for 1257 Cloverdale Ave
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 1BR, 1 x 2BR, 1 x 3BR
Multifamily Units
4
Additional Details
Cap Rate
5.83%
Amenities
stainless steel appliances
central HVAC
in-unit washer and dryers
hardwood flooring
quartz countertops
garage parking
Prime Mid-City Location
One (1) Unit Will Be Delivered Vacant
All Units Extensively Renovated with Stainless Steel Appliances, Central HVAC, In-Unit Washer and Dryer, Hardwood Floors Throughout, Quartz Countertops, and Modern Finishes
Major Capital Improvements such as a New Roof, Electrical, and Plumbing
On-Site Garage Parking in the Rear - Great Opportunity to Convert into ADUs
Excellent Owner-User Opportunity
Rare Turnkey Mid-City Asset
Separately Metered for Gas and Electricity
Building Details
Buildings
1
Units
4
Listing Agency:
Marcus & Millichap
Listed By:
Jason Tuvia · License #License(s): CA: 01772495
(818) 212-2735
Source:
Marcusmillichap
Added: Jul 15
Changed: Aug 29
Last Checked: Sep 2 at 1:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This four-unit apartment property is configured with two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. Delivery is vacant, and the building has received substantial upgrades, including a new roof, electrical system, and plumbing. Interior improvements include stainless steel appliances, central HVAC, in-unit washers and dryers, hardwood flooring, quartz countertops, and contemporary finishes. Gas and electricity are separately metered. Rear garage parking is included, with potential for future ADU conversion.
The property is positioned in Los Angeles’ Mid-City area, south of San Vicente Blvd and west of La Brea Ave. Access to the 10 Freeway and Metro D Line is nearby, along with Midtown Shopping Center and surrounding dining, retail, fitness, and entertainment options.
The property is positioned in Los Angeles’ Mid-City area, south of San Vicente Blvd and west of La Brea Ave. Access to the 10 Freeway and Metro D Line is nearby, along with Midtown Shopping Center and surrounding dining, retail, fitness, and entertainment options.
Key Highlights
- Four‑unit apartment building delivered vacant
- Unit mix includes two one‑bedroom, one two‑bedroom, and one three‑bedroom units
- New roof, electrical system, and plumbing
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Vacant delivery supports flexible occupancy planning across a renovated apartment property near Mid-City’s commercial and transit amenities.
Where is this quadplex located?
The property is located at 1257 Cloverdale Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Four‑unit apartment building delivered vacant; Unit mix includes two one‑bedroom, one two‑bedroom, and one three‑bedroom units; New roof, electrical system, and plumbing
