Roomers West Adams is a Rare opportunity for an investor, owner-user, or specialized housing operator to acquire a newer-construction asset in Mid-City/West Adams. Constructed in 2019 and offered AS IS, this contemporary property consists of 5 modern vertical townhomes, each offering approximately 6 bedrooms and 6.5 bathrooms across three levels. The thoughtfully designed interiors combine modern architecture with functional layouts, hardwood flooring, designer bathrooms, generous closet space, and spacious private suites. Building amenities include a secure gated entrance, community courtyard, and 16 gated parking spaces. At full occupancy, projected gross income is approximately $525,000 annually, representing a pro forma GRM of approximately 8.86 and a 8.92% cap rate. Beyond traditional rental housing, the property’s configuration and scale may be particularly compelling to buyers evaluating student/group housing, university-area lodging, specialized co-living, SRO-style housing, transitional or supportive housing, nonprofit housing programs, recovery-oriented residential models, or other innovative shared-housing concepts, subject to zoning, permitted use, occupancy requirements, licensing, and all applicable governmental approvals. With its newer construction, multi-bedroom townhouse configuration, substantial parking, and flexible potential for conventional or specialized housing strategies, this property offers a distinctive opportunity for an investor seeking scale and operational flexibility in Mid City Los Angeles. Prime location central to transportation 10, 405, 110 freeways and Metro Line. Contact listing agent for more details and schedule tours.
Property Details
Price:
$4,650,000
MLS #:
SB26206133
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c16midlosangeles
Listed Date:
Oct 1, 2026
Total Sq Ft:
10,444
Lot Size:
10,083 sqft / 0.23 acres (approx)
Year Built:
2019
See this Listing
Schools
Interior
Laundry Features
AR, CM, IN
Exterior
Common Walls
_2CW
Community Features
SL
Garage Spaces
16
Parking Spots
16
Parking Total
16
Financial
Map
Community
- Address2301 S Cloverdale Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 02, 2026
9,362
Single Family Listed
85
Avg DOM
437
Avg $ / SqFt
$1,572,898
Avg List Price
Property Summary
- 2301 S Cloverdale Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $4,650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2019. The average price per square foot for Single Family listings in Los Angeles is $437. The average listing price for Single Family in Los Angeles is $1,572,898.
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