664 S Cloverdale Ave Immeuble residentiel 4 lots 1 717 815 € (429 454 €/Lot) Los Angeles, CA 90036

664 S Cloverdale Avenue is a rare, family-owned multifamily asset located in the heart of Los Angeles’ highly desirable Miracle Mile / Mid-Wilshire submarket.
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 appreciation in one of Los Angeles’ most resilient rental submarkets.