1877 S Cloverdale, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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1877 S Cloverdale
Los Angeles, California 90019
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,884Sq Ft
6,440Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$1,206,163
21% BelowMARKET VALUE
SUMMARY
This Residential Income Triplex presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well below the $1,206,163 Fair Market Value by 21%. This valuation gap offers $256,163 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 2 with a new roof and modern interior upgrades, this turnkey asset ensures immediate rental readiness. Its prime Mid-LA location provides strong demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$1,206,163+$256,163 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1877 S Cloverdale Subject | $950,000* List Price | 0 | 0 | 1,884 | $640 | - |
A 4533 Saturn Active | $1,139,000 List Price | 0 | 0 | 2,512 | $453 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a recent full renovation (likely <5 years) including a new roof, updated kitchen with shaker cabinets and stone countertops, new laminate flooring, and recessed lighting throughout, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property has been fully upgraded with a new roof, modern kitchens, renovated bathrooms, and new flooring, allowing for immediate occupancy without additional capital expenditure.
- Prime Mid-LA Location
Situated in a highly desirable Mid-Los Angeles neighborhood, the property offers central access to major employment hubs and amenities, ensuring strong rental demand.
- Income Diversification
As a triplex, this residential income property provides three separate revenue streams, offering better risk mitigation and cash flow stability than a single-family rental.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1884, other record living area = 1848.
- Compact Unit Sizes
With a total of 1,884 square feet divided among three units, the average living space per unit is relatively small, which may limit the tenant profile to smaller households.
- Stagnant Appreciation
The current list price of $950,000 is slightly lower than the 2022 sale price of $960,000, suggesting a lack of recent equity growth in the current market cycle.
About 1877 S Cloverdale
Fully upgrade with New Roof, bathroom, kitchen & floor triplex located in great neighborhood in Mid LA.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1958
- Lot Size
- 6,440 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,884 | 2,187.451 |
| Lot Size | 6,440 | 5,841.385 |
| Price | $950.0K | $841.5K |
| Price per sq ft | $504 | $385 |
| Built year | 1958 | 1928 |
| HOA | $0 | $0 |
| Days on market | 7 | 85 |
Pricing History
Listed for Sale
Sep 2, 2026
$950,000
Initial Listing
Sold
May 6, 2022
$960,000
Public Record
Sold
Mar 29, 2022
$900,000
Public Record