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664 S Cloverdale Avenue, Los Angeles, CA 90036

$1,995,000 Approx. USD 0 beds, 0 baths
5,536 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Eliyahu Appel | eli.appel@theappelgroup.com
Lic#: 01918652
Broker: Courtesy of Equity Union
Phone: 8183904181

Agent Remarks

664 S Cloverdale Avenue is a rare, family-owned multifamily asset located in the heart of Los Angeles' highly desirable Miracle Mile submarket. The property is zoned LAC2, which may allow up to 16 units by right, with the potential for additional units through applicable density bonus incentives (buyer to verify), offering future development upside and increased density potential. 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 appreciationin one of Los Angeles' most resilient rental submarkets.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26834843

Price: $1,995,000

Beds: 0

Baths: 0

Built in 1928

5,536 sqft

2 stories

0.15 acres

Lot size: 0.1518

County: Los Angeles

Property style: Mediterranean

Zoning: LAC2

Heating/cooling: None

Heating description: None

MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 5/27/2026

Days On Market (DOM): 30

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

The style of this listing is Mediterranean.
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Lat/Long: 34.062957, -118.345844.
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