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$1,195,000   Price Analysis
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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. Clse to restaurants and retail establishments. The seller has plans and permits for ADU ga rage conversion. Each apartment has its own address; the first is located at the corner of Cloverdale Ave and 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.