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Millman Team Real Estate

$7,750,000
0.16 Acre Lot

1441 S Cloverdale, Los Angeles, California 90019

  • Residential Income Property Type
  • 1951 Year Built
Property Description

TURNKEY 15-UNIT ASSET + 4 ADU VALUE-ADD (19 TOTAL UNITS) | DOUBLE PARCEL | ONE SALE Rare opportunity to acquire 1441, 1443, 1445 Cloverdale Ave—a unique two-parcel, two-property portfolio being sold together in one transaction in a prime Los Angeles location. This offering features 15 remodeled units, providing immediate rental income, plus 4 additional ADU units already constructed, bringing the total potential to 19 units. The ADUs are near completion and only require electrical and gas connections to become fully operational—creating a clear path to increased cash flow and higher NOI with minimal remaining work. The existing units have been thoughtfully renovated, allowing a new owner to step into a stabilized, income-producing asset with strong tenant demand. The dual-parcel setup offers flexibility and long-term upside. Investment Highlights:15 remodeled, income-producing units, 4 ADUs near completion (utilities pending), 19 total potential units, 2 parcels | 2 properties | one sale, Strong value-add with minimal remaining work, High-demand Los Angeles rental market. Property financial analysis is presented as if the property is fully occupied, including the completion and operation of all ADU units. This property is ideal for investors seeking immediate cash flow with built-in upside. Complete the ADUs, increase rents, and maximize returns. Opportunities like this—combining scale, condition, and upside—are rare in today’s market. Financial projections are based on stabilized operations, assuming full occupancy of all units, including the completion and lease-up of ADUs. Don’t miss it.

Basic Details
Residential Income
For Sale
DW26090026
$7,750,000
1951
0.16 Acre
Active
1
Apartment
Features
: None
: Ductless
: Ductless
: None
: Washer Hookup, Gas Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90019
Cloverdale
1441
W119° 38' 51.2''
N34° 2' 49.9''
1441 S Cloverdale, Los Angeles
C16 - Mid Los Angeles
S
Additional Information
$0
$0
$0
$0
$0
11393
: Street Lights, Curbs
1
: Two
: 16-20 Units/Acre
19
2026-04-28
7850000
2
2
: Public
Broker/Agent Information
Won Suk Kim Real Estate, Inc.
Ixbalanque Garcia
Listing Information
DWGARIXB
DWKMR
Cash, Cash to New Loan, 1031 Exchange, Private Financing Available
Active
2026-05-19T00:23:49Z
CRMLS
: Standard
2026-04-28T16:44:57Z
Agent info
Ray Millman
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