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Los Angeles Multifamily Investment Opportunity

664 S Cloverdale Ave Los Angeles, CA 90036

Claim this Listing
For Sale
$1,995,000

MULTI_FAMILY - Los Angeles, CA

Property size:
5,536 SF
Lot size:
0.15 Acres
Price / SF:
$360.37/SF
Added:
May 19, 2026
Days on Market:
57
Last Refresh:
Jul 14 at 11:06 am

Property Features for 664 S Cloverdale Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LAC2
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Parking features
Garage
Standard status
Active
APN
5508-008-028
Size
5,536 SF
Lot size
0.15 Acres

Building Details

Year built
1928
Floors in Building
2
Number of units
4
Architectural style
Mediterranean

Listing agent Eliyahu Appel License #01918652

Listing office Equity Union 16820 Ventura Blvd., Sherman Oaks, CA

Listing date May 19, 2026

MLS# 26834843 Listing URL

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the Miracle Mile submarket of Los Angeles, 664 S Cloverdale Avenue is a family-owned multifamily property featuring a classic Los Angeles courtyard-style configuration. The property contains four spacious two-bedroom units with abundant natural light and functional layouts. The building systems, including plumbing, electrical, and roof, are in good condition with ongoing maintenance. The property is zoned LAC2, which may allow up to 16 units by right, with the potential for additional units through applicable density bonus incentives. The property is positioned moments from The Grove, Original Farmers Market, LACMA, Petersen Automotive Museum, Academy Museum, Trader Joe's, Whole Foods, and the newly opened Metro D Line extension, offering tenants immediate access to lifestyle, cultural, and transit-oriented amenities. The property offers a stable foundation for a new investor to preserve the asset's existing income while pursuing future value-add opportunities. The property size is 5536 square feet and the lot size is 0.1518 acres.

Key Highlights

  • Rare multifamily asset in the highly desirable Miracle Mile submarket of Los Angeles.
  • Zoned LAC2, potentially allowing up to 16 units by right, with possible density bonus incentives (buyer to verify).
  • Prime location near The Grove, Original Farmers Market, LACMA, museums, grocery stores, and the Metro D Line extension.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gerardo's Vehicle Towings ... Auto Parts Store

Suggested Use

(Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Daycare Center Food Market (Bike/Boat/Book/etc) Store Restaurant Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Rare multifamily property in Miracle Mile with development potential.
Where is this quadplex located?
The property is located at 664 S Cloverdale Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Rare multifamily asset in the highly desirable Miracle Mile submarket of Los Angeles.; Zoned LAC2, potentially allowing up to 16 units by right, with possible density bonus incentives (buyer to verify).; Prime location near The Grove, Original Farmers Market, LACMA, museums, grocery stores, and the Metro D Line extension.
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