7
Bedrooms
Sold for $1,425,000 · Nov 2025
SOLDListed at $1,450,000
Los Angeles, CA
MLS# 25593397
Toni Nan Xiong
Listing Agent
Exp Commercial of California, Inc.
DRE #: 01462918
Brokerage: Exp Commercial of California, Inc.
7
Bedrooms
4
Bathrooms
5,237 sqft
Square Feet
1928
Year Built
6,911 sqft
Lot Size
$272
Price/Sq Ft
5
Garage Spaces
N/A
HOA
Property
Property Type
Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 5 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through, high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following accepted written offer.
Listing description from the November 2025 sale, as reported to CRMLS.
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1 recorded sale
1358 S Cloverdale Avenue sold for $1,425,000 in November 2025, 1.7% under its $1,450,000 list price, after 9 days on the market. That works out to $272 per square foot on 5,237 square feet. Across 127 closed sales in 90019 over the last 12 months, the median sold price is $1,320,000 and the median is $653 per square foot, 140% above this sale's $272.
| Quarter | Closed sales in 90019 | Median sold price |
|---|---|---|
| Q1 2026 | 20 | $1,060,000 |
| Q2 2026 | 51 | $1,480,000 |
| Q3 2026 | 52 | $1,325,000 |
| Q4 2026 | 4 | $989,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90019
Closed sales reported in 90019, nearest first, last 12 months. All recent sales in Los Angeles →
1358 S Cloverdale Avenue
Contact Toni Nan Xiong
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Contact Listing Agent
Exp Commercial of California, Inc.
DRE #01462918
Contact information is not available for this listing.