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664 S Cloverdale Avenue Los Angeles, CA 90036
$1,995,000 0 beds, 0 baths
5, 536 sqft
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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
List price is $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

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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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Listing Agent: Eliyahu Appel
Lic#: 01000976
Office Name: Sherman Oaks

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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