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$1,195,000   Price Analysis
Agent Details  share icon     map icon  QR
2701 S Cloverdale Ave
Los Angeles, CA 90016
5 bed 3 bath 2,485 SqFt ($480/SqFt)
4,801SqFt lot. Built 1929
Listed 2024-06-12, Taxes $5,599
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

MOTIVATED SELLER!

A TRIPLEX in a prime location with a solid rental market in the West Adams area. Close to restaurants and retail establishments. The seller has plans and permits fr ADU garage conversion. Each apartment has its own address; the first is located at the corner of Cloverdale Ave an d Westhaven Street and has 1 BE/ 1 BA, the second unit on Cloverdale Ave has 3 BE/ 1 BA and the third is at Westhaven Street and has 1 BE/ 1 BA.

Please do not disturb the tenants. SOLD AS IS.


Presented by Cecilia Montano at
Remax New Dimension.


Property MLS #PW24119650 from CRMLS

Bedrooms: 5

Laundry Features: Gas & Electric Dryer Hookup

Full Bathrooms: 3

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1102158
Lot Size Source: Assessor
Lot Size Square Feet: 4801

Garage Spaces: 3
Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 100.00

Number of Units Leased: 3
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 810.00
Area: WLA - West Los Angeles
Source Neighborhood: WLA - West Los Angeles
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 5043013015
Postal Code Plus 4: 3417
Professional Management Expense: 450.00
Trash Expense: 50.00
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$134,121 + $312,956
$447,077
$5,599
2021$131,492 + $306,820
$438,312
$5,521
2020$130,144 + $303,674
$433,818
$5,574
2019$127,593 + $297,720
$425,313
$5,362
2018$125,092 + $291,883
$416,975
$5,284
2017$122,640 + $286,160
$408,800
$5,174
2016$17,578 + $18,611
$36,189
$698
2015$17,314 + $18,332
$35,646
$692
2014$16,975 + $17,973
$34,948
$717
2013$16,899 + $17,892
$34,791
$712
2012$16,568 + $17,542
$34,110
$720
2010$16,244 + $17,199
$33,443
$726
2009$16,162 + $17,112
$33,274
$700
2009$16,123 + $17,071
$33,194
$700
2008$15,846 + $16,777
$32,623
$682
2007$15,536 + $16,449
$31,985
$656

Listed 2024-06-12
$1,195,000
CRMLS
Listing removed 2024-05-23
$0
TheMLSCLAW
Price Changed 2024-03-18
$995,000
TheMLSCLAW
Listed 2023-12-07
$1,195,000
TheMLSCLAW
Listing removed 2023-11-25
$0
CRMLS
Price Changed 2023-08-25
$1,195,000
CRMLS
Listed 2023-08-23
$1,125,000
CRMLS
Listing removed 2023-08-23
$0
CRMLS
Price Changed 2023-05-24
$1,125,000
CRMLS
Listed 2023-05-06
$1,195,000
CRMLS
Sold 2022-05-23
$1,075,000
TheMLSCLAW
Listing removed 2022-02-01
$0
TheMLSCLAW
Listed 2021-10-11
$1,075,000
TheMLSCLAW
Sold 2017-06-22
$400,000
CRMLS
Sold 2016-04-27
$400,000
Public Record
Listed 2015-10-16
$450,000
CRMLS
Listing removed 2015-08-14
$400,000
TheMLSCLAW
Relisted 2014-09-25
$400,000
TheMLSCLAW
Listing removed 2014-08-13
$400,000
TheMLSCLAW
Relisted 2014-05-27
$400,000
TheMLSCLAW
Listing removed 2014-03-05
$400,000
TheMLSCLAW
Listed 2014-02-13
$400,000
TheMLSCLAW
Sold 1970-11-19
$26,000
Public Record

Net Operating Income: 30624.00

Total Square Feet Living: 2485
Year Built: 1929
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 95
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 350.00
Water Connected
Water Source: Public

Cienega Elementary School is a public elementary school located approximately 0.3 miles away.
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Susan Miller Dorsey Senior High School is a public high school located approximately 0.9 miles away.
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Audubon Middle School is a public middle school located approximately 2.2 miles away.
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Life Community Service Center is a private elementary school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.