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8-Unit Apartment Building
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2635 S Cloverdale Avenue, Los Angeles, CA 90016

Fully occupied apartment property with owner-owned laundry equipment and on-site parking.

Property SizeContact for details
Days on Market657

Property Features for 2635 S Cloverdale Avenue

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Multifamily
Zoning Assessor
Occupancy 100%

Units

Unit Mix 7 x 1BR, 1 x 2BR
Multifamily Units 8

Amenities

laundry equipment

Building Details

Buildings 1
Units 8
Listing Agency: Remax Optima
Listed By: Pakrad Markarian · License #00952259
Source: Crexi
Added: Nov 14, 2024 Changed: Sep 2 Last Checked: Sep 2 at 12:56AM

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 Remax Optima

Investment Insights

Based on property information with market context.

This apartment property contains eight units arranged as seven one-bedroom residences and one two-bedroom residence. The building has maintained full occupancy, and the laundry equipment remains owned by the property owner. On-site parking includes seven spaces.

The property is located at 2635 S Cloverdale Avenue in Los Angeles, California. It has been held by the same market offering for more than 20 years and is identified with Assessor zoning.

Key Highlights

  • Eight apartments: seven one‑bedroom units and one two‑bedroom unit
  • No vacancy reported across the 8‑unit property
  • Seven on‑site parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,135
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with owner-owned laundry equipment and on-site parking.
Where is this apartment building located?
The property is located at 2635 S Cloverdale Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,639,000.
What are key features of this property?
This property features: Eight apartments: seven one‑bedroom units and one two‑bedroom unit; No vacancy reported across the 8‑unit property; Seven on‑site parking spaces
More about this property
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