409 South Cloverdale Avenue
409 South Cloverdale Avenue
$3,275,000
9
8
7,824
7,824
$419
Sold 2/14/22
Description
We are pleased to present 409 S. Cloverdale Avenue, a two-story apartment building located in the desirable neighborhood of Miracle Mile, one mile south of MelroseAvenue. Situated on a 8,461 SF lot, the property offers 7,824 rentable SF. The current unit mix consists of seven (7) one-bedroom/one-bathroom units and one (1) two-bedroom/one-bath unit. The property is within close-proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining...We are pleased to present 409 S. Cloverdale Avenue, a two-story apartment building located in the desirable neighborhood of Miracle Mile, one mile south of MelroseAvenue. Situated on a 8,461 SF lot, the property offers 7,824 rentable SF. The current unit mix consists of seven (7) one-bedroom/one-bathroom units and one (1) two-bedroom/one-bath unit. The property is within close-proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.409 S Cloverdale Avenue has been held by current ownership for over 23 years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through interior and exterior renovations.
- Listed by Saadia 'Sam' Liberow • DRE #01933858 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 409 South Cloverdale Avenue
Zoning
LAR4
Parcel Number5508004009
Total Units8.0
Living Area7824
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate5,435
Lot Size Area8461
Location
LISTING UPDATED: 02/15/2022 11:34 AM
Property Details for 409 South Cloverdale Avenue
Status | Sold |
---|---|
MLS # | 21-110939 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1931 |
Lot Size | 0.19 AC / 8,461 SF |
County | Los Angeles County |
Location
Building Information for 409 South Cloverdale Avenue
Stories2Residences-Year Built1931Building Size-Lot Size0.19 AC / 8,461 SF
Payment Calculator
$21,323 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 409 South Cloverdale Avenue
Property History for 409 South Cloverdale Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 409 South Cloverdale Avenue
Taxable ValueLand$2,830,500Additions$510,000Total$3,340,500
Tax Record2023$41,395 ($3,450 / month)
Home Facts
Total Finished SqFt7,824 SqFtAbove Grade Finished SqFt7,824 SqFtLot Size8,461 SqFtStyleMulti-Family Res (5+ Units)Year Built1931ZoningLAR4CountyLOS ANGELESAPN5508-004-009
Schools near 409 South Cloverdale Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Third Street Elementary School PublicK to 5 | ||
Fairfax Senior High School Public9 to 12 | ||
Melrose Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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