Prime Miracle Mile Four-Unit Investment
Located on a quiet, tree-lined street in the heart of Miracle Mile, just minutes from world-class museums and Beverly Hills, this four-unit property offers strong in-place income with additional upside in a premier Los Angeles submarket.
The property features four oversized units, each approximately 1,400 sq ft, all with high ceilings and functional, spacious layouts. Three units have been fully remodeled with hardwood flooring, recessed lighting, brand-new kitchens with quartz countertops, and completely renovated bathrooms with high-end finishes.
The two lower units are configured as 2 bedrooms, 2.5 bathrooms. The remodeled upper unit features a 2 bedroom, 2 bathroom layout with central air conditioning and a private balcony, while the remaining non-remodeled unit offers a 2 bedroom, 1 bathroom configuration, presenting clear value-add potential.
Three units are currently rented, providing immediate cash flow, with one unit delivered vacant, ideal for owner-user occupancy or lease-up at market rents. The building totals 5,532 sq ft on a 7,068 sq ft lot and includes two side-by-side two-car garages, offering four enclosed parking spaces.
A turnkey Miracle Mile asset with premium finishes, favorable unit mix, parking, and upside—well-positioned for investors seeking long-term stability and appreciation.
Located on a quiet, tree-lined street in the heart of Miracle Mile, just minutes from world-class museums and Beverly Hills, this four-unit property offers strong in-place income with additional upside in a premier Los Angeles submarket.
The property features four oversized units, each approximately 1,400 sq ft, all with high ceilings and functional, spacious layouts. Three units have been fully remodeled with hardwood flooring, recessed lighting, brand-new kitchens with quartz countertops, and completely renovated bathrooms with high-end finishes.
The two lower units are configured as 2 bedrooms, 2.5 bathrooms. The remodeled upper unit features a 2 bedroom, 2 bathroom layout with central air conditioning and a private balcony, while the remaining non-remodeled unit offers a 2 bedroom, 1 bathroom configuration, presenting clear value-add potential.
Three units are currently rented, providing immediate cash flow, with one unit delivered vacant, ideal for owner-user occupancy or lease-up at market rents. The building totals 5,532 sq ft on a 7,068 sq ft lot and includes two side-by-side two-car garages, offering four enclosed parking spaces.
A turnkey Miracle Mile asset with premium finishes, favorable unit mix, parking, and upside—well-positioned for investors seeking long-term stability and appreciation.
Property Details
Price:
$2,350,000
MLS #:
BB26010971
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c17midwilshire
Listed Date:
Jan 16, 2026
Total Sq Ft:
5,532
Lot Size:
7,069 sqft / 0.16 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Cooling
CA
Flooring
WOOD
Laundry Features
IG
Exterior
Community Features
SL, BIKI
Parking Spots
4
Financial
Map
Community
- Address1236 S Cloverdale Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 19, 2026
2,284
Single Family Listed
54
Avg DOM
929
Avg $ / SqFt
$1,933,089
Avg List Price
Property Summary
- 1236 S Cloverdale Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $2,350,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1955. The average price per square foot for Single Family listings in Los Angeles is $929. The average listing price for Single Family in Los Angeles is $1,933,089.
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