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Image 1 - 1516 S Cloverdale Ave, Los Angeles, California, 90019 - House for sale
Image 2 - 1516 S Cloverdale Ave, Los Angeles, California, 90019 - House for sale
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S Cloverdale Ave, Los Angeles, Home For Sale
1516 S Cloverdale Ave, Los Angeles, California, 90019

S Cloverdale Ave, Los Angeles, Home For Sale

house for sale
Listed: 08/27/24

1516 S Cloverdale Ave, Los Angeles, California, 90019

3 Bed:
2 Bath:
2,581 Sq Ft Living Area:
Save
Price
$ 1,26M

About This House

Discover this beautifully updated and meticulously maintained duplex, an ideal investment opportunity in a prime location at Mid-City Area. Each of the two spacious units features 3 bedrooms and 2 bathrooms, offering full privacy with no shared ceilings or floors. Modern amenities include central air conditioning and heating, along with the convenience of in-unit washer and dryer. The property is designed for comfort and functionality, with abundant parking available in the front and back, plus a detached two-car garage that offers the potential for an Accessory Dwelling Unit (ADU). Each unit enjoys its own private backyard with access from both the street and alley, providing a perfect outdoor retreat. Conveniently located near Beverly Hills and Culver City, with easy access to major freeways, this duplex attracts quality tenants and generates strong rental income. The current tenants are up to date.

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Mid-Wilshire Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.