$1,995,000

664 S Cloverdale Avenue, Los Angeles, CA 90036

  • 5,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon6,612sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $360/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

664 S Cloverdale Avenue is a rare, family-owned multifamily asset located in the heart of Los Angeles' highly desirable Miracle Mile submarket. The property is zoned LAC2, which may allow up to 16 units by right, with the potential for additional units through applicable density bonus incentives (buyer to verify), offering future development upside and increased density potential. Positioned moments from The Grove, Original Farmers Market, LACMA, Petersen Automotive Museum, Academy Museum, Trader Joe's, Whole Foods, and the newly opened Metro D Line extension, the property offers tenants immediate access to one of the city's strongest lifestyle, cultural, and transit-oriented corridors. The property features a classic Los Angeles courtyard-style configuration with four spacious two-bedroom units, abundant natural light, functional layouts, and desirable architectural character. Long-term ownership and consistent care provide a stable foundation for a new investor to preserve the asset's existing income while pursuing future value-add opportunities. Building systems, including plumbing, electrical, and roof, are in good condition with ongoing maintenance, supporting a well-preserved physical profile and reducing near-term capital exposure. Supported by strong tenant demand, limited rental supply, walkable amenities, and expanding Metro connectivity to Beverly Hills, Century City, and Downtown Los Angeles, 664 S Cloverdale Avenue presents a well-located multifamily opportunity for investors seeking durable cash flow, rental upside, and long-term appreciationin one of Los Angeles' most resilient rental submarkets.

Listing Status:
Active
Date Added:
May 19, 2026
Data Last Updated:
May 20, 2026 at 2:18AM
Listing Office:
Equity Union : 818-989-2000
Listing Agent:
Eliyahu Appel : 8183904181
MLS ID:
26834843
  • A/C: None
  • Heating: None
  • Style: Mediterranean
  • Parking: Parking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC25508008028
  • Source: CRMLS_CL

This listing courtesy of Eliyahu Appel , Equity Union

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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