1521 S Cloverdale, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath
1521 S Cloverdale
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 1521 S Cloverdale, Los Angeles, California 90019 reveals a property with a current list price of $1,250,000, which is 29% above the estimated $961,663 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1521 S Cloverdale Subject | $1,250,000* List Price | 2 | 1 | 1,130 | $851 | - |
A 1841 Clyde Avenue Sold | $930,000 | 2 | 1 | 1,027 | $906 | 0.7 mi |
B 1756 S Genesee Avenue Pending | $1,025,000 List Price | 2 | 1 | 1,208 | $849 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1923, this property is primarily marketed as an investor opportunity or a development site due to its R2 zoning. The interior is significantly outdated, featuring a kitchen with old cabinetry and tile countertops, a dated bathroom, and aging systems such as wall heaters. The listing description explicitly states that the home requires 'extensive renovation' and 'customization,' signaling that major components and finishes are at the end of their functional lifespan and require substantial rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The R2 / LARD1.5 zoning provides a significant opportunity for investors or developers to add additional units or build a larger multi-family structure.
- Prime Mid-City Location
Centrally located in a vibrant Los Angeles neighborhood, the property offers excellent proximity to shopping, dining, and major freeway access.
- Generous Lot Size
The 5,482 sq ft lot includes a spacious backyard, offering ample room for outdoor entertaining, landscaping, or the addition of an ADU.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Built in 1923 and marketed as a customization opportunity, the home likely requires a substantial financial investment to modernize and repair.
- Limited Living Space
The current 2-bedroom, 1-bathroom configuration with only 1,130 sq ft is small for the $1.25M price point, primarily reflecting land and potential value.
About 1521 S Cloverdale
This quaint single-family home is located in the heart of Los Angeles' centrally located, vibrant Mid-City neighborhood. Excellent opportunity for investors or buyers looking to customize and build their dream home. The exterior offers a generous 5,000+ sq ft lot, a spacious backyard, perfect for entertaining. The R2 / LARD1.5 zoning opens the door for future development or additional units, making it appealing both as a residence and a flexible investment. It is conveniently located near shopping, dining, entertainment and easy freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,482 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,130 | 1,766 | 14% |
| Lot Size | 5,482 | 5,968 | 38% |
| Price | $1.25M | $1.35M | 39% |
| Price per sq ft | $1.1K | $763 | 97% |
| Built year | 1923 | 1926 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 175 | 3% |
Pricing History
Listed for Sale
Jan 28, 2026
$1,250,000
Initial Listing