Active Open Tuesday 10/06 2 PM-5 PM

2301 S Cloverdale

Los Angeles, CA 90016
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Bed 30

Bed

Bath 35

Bath

SqFt10,083

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,650,000

AD Id : 91447833

MLS Id : SB26206133

Beds : 30

Lot Size : 10,083 Sq. Ft

Year Built : 2019

Garage : 16

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 2019
    Building Area Total: 10444
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 10083 Lot Size Acres: 0.2315 Lot Size Source: Assessor Lot Size Square Feet: 10,083 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $4650000
    Cash, CashToExistingLoan

  • Tax Information

    Parcel Number: 5063008066 Tax Lot: 420

  • Parking Information

    Parking Total: 16

    Garage Information

    Has Garage: Yes Garage Space: 16

  • Location Information

    Direction: 10FWY West Exit La Brea Ave, First Left W 23RD St, First Left S Manfield Ave, Right on Bangor St and Left onto Cloverdale WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2938 S Sycamore, Los Angeles, CA, 90016 $4,495,000 22 23 -- 7,202 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/03/2026 @ 21:37

MLS: SB26206133 LISTED BY: Matthew Oksas, Irongate Real Estate 310-951-4381 SOURCE: CRMLS

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