Outstanding Investment Opportunity with APPROVED PLANS FOR 2 ADUs in Prime Mid City Location! Discover the potential of this exceptional fourplex located in the heart of Mid City. Boasting a highly sought-after location, this property is strategically positioned with easy access to major freeways, making it convenient for residents to commute and access nearby amenities. Key Highlights: Prime Location: With quick and convenient access to major freeways, commuting is a breeze for residents. Upside Potential: Unlock the untapped potential of this property with the opportunity for increased rental income and value appreciation. Whether through strategic renovations or improved property management, there can be significant upside. APPROVED PLANS FOR 2 ADUs: (Buyer to Verify Status) A unique advantage of this property are the APPROVED PLANS TO ADD TWO ACCESSORY DWELLING UNITS (ADUs) with EACH ADU CONSISTING of 2 BEDROOM and 1.5 BATHS. Take advantage of this rare opportunity to expand the property’s potential and increase rental income. Whether you’re a seasoned investor or entering the real estate market, the upside and approved plans for expansion make this an attractive opportunity. Seize the opportunity to acquire a property with a great Mid City location, upside potential, and approved plans for additional units. Don’t miss out on the potential this property has to offer!
Property Details
Price:
$1,200,000
MLS #:
25509917
Status:
Active
Baths:
0
Address:
1432 S Cloverdale Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 6, 2025
State:
CA
ZIP:
90019
Lot Size:
6,852 sqft / 0.16 acres (approx)
Year Built:
1914
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Community
- Address1432 S Cloverdale Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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1432 S Cloverdale Avenue
Los Angeles, CA
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