Los Angeles, CA 90019,1236 S Cloverdale
Los Angeles, CA 90019,1236 S Cloverdale
Los Angeles, CA 90019,1236 S Cloverdale
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,350,000
Est. payment /mo
7,069 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26010971

HOA Y/N No

Year Built 1955

Lot Size 7,069 Sqft

Property Sub-Type Quadruplex

Property Description

Prime Miracle Mile Four-Unit Investment

Located on a quiet, tree-lined street in the heart of Miracle Mile, just minutes from world-class museums and Beverly Hills, this four-unit property offers strong in-place income with additional upside in a premier Los Angeles submarket.

The property features four oversized units, each approximately 1,400 sq ft, all with high ceilings and functional, spacious layouts. Three units have been fully remodeled with hardwood flooring, recessed lighting, brand-new kitchens with quartz countertops, and completely renovated bathrooms with high-end finishes.

The two lower units are configured as 2 bedrooms, 2.5 bathrooms. The remodeled upper unit features a 2 bedroom, 2 bathroom layout with central air conditioning and a private balcony, while the remaining non-remodeled unit offers a 2 bedroom, 1 bathroom configuration, presenting clear value-add potential.

Three units are currently rented, providing immediate cash flow, with one unit delivered vacant, ideal for owner-user occupancy or lease-up at market rents. The building totals 5,532 sq ft on a 7,068 sq ft lot and includes two side-by-side two-car garages, offering four enclosed parking spaces.

A turnkey Miracle Mile asset with premium finishes, favorable unit mix, parking, and upside—well-positioned for investors seeking long-term stability and appreciation.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Cooling Central Air

Flooring Wood

Fireplace No

Laundry In Garage

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Street Lights

View Y/N Yes

View City Lights

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5084032017

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Harry Timuryan Beverly and Company, Inc. 818-482-1849

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