1257 S Cloverdale Ave

1257 S Cloverdale Ave presents a compelling value-add opportunity in Los Angeles’ robust multifamily market. This four-unit, low-rise asset is strategically positioned in the 90019 corridor, delivering easy access to major employment centers, retail amenities and public transit. At 75% occupancy, the property offers immediate upside through targeted lease-up and rent optimization, enabling investors to quickly capture enhanced cash flow.

Built for efficiency and hands-on management, the small-scale format requires minimal deferred capital expenditure while providing stable operational performance. Situated on an R3-zoned parcel (APN: 5070-010-002), the asset offers long-term flexibility in one of Los Angeles’ most sought-after neighborhoods, with opportunities for future value creation through strategic renovations and tenant repositioning.

Offered at $2,175,000, this investment generates a current Net Operating Income of $126,786, equating to a 5.83% capitalization rate. Priced at $444.97 per square foot (land basis) and with a 12.43x gross rent multiplier, the transaction represents an attractive entry point for investors seeking both income and growth. Clear paths exist to align rents with market levels and stabilize the asset for sustained returns.

Ideal for private equity buyers, high-net-worth individuals or small-scale operators, 1257 S Cloverdale Ave combines core fundamentals with significant upside potential. Contact the listing broker today to explore this high-leverage multifamily acquisition and schedule a private tour.