2301 S Cloverdale Avenue Active

Los Angeles,CA 90016

$ 5750000

- Bed

0 Bath

10444 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,444 sqft

Price per Sqft $550

MLS Listing ID CL24457063

Year Built 2019

Lot Size 10,083 Sqft

Property Description

MAJOR PRICE ADJUSTMENT! SELLER EXTREMELY MOTIVATED! BRING ALL OFFERS! This contemporary building in Mid-City Los Angeles, constructed in 2019, is non-LA rent controlled and boasts 5 upscale vertical townhouses, each designed with modern architecture that harmonizes style and functionality. Each unit features a spacious layout, including 6 bedrooms and 6.5 bathrooms, complete with elegant hardwood floors and thoughtfully designed interiors that showcase three levels of luxurious suites, each equipped with designer bathrooms and ample closet space. The entry level welcomes residents and guests with a generous living room, complemented by a guest bath and a chef's kitchen adorned with slab countertops and high-end stainless steel appliances ideal for entertaining. Additional building highlights include a secure gated entry, an inviting outdoor community courtyard, and 16 gated parking spaces. The property is pet-friendly, making it an attractive option for a diverse range of tenants. This prime location in Mid City LA offers easy access to vibrant local amenities and transportation options including the 10, 405, 110 freeways and E and K metro Line. The property currently has a solid 13.31 GRM and 5.7% cap rate despite having one vacancy. Fully occupied, the property has the potentia

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Other

Cooling Central Air

Flooring Laminate,Wood

Laundry Dryer,Washer

Exterior

View Y/N true

View City Lights

Building

New Construction No

View More
Favorite Go Tour