2116 S Cloverdale, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
This Turnkey Multi-Unit Residence represents a sophisticated lifestyle and income opportunity in a prime Mid-City location, listed at $1,580,000—a price closely aligned with its $1,548,151 Fair Market Value. Boasting an Excellent Condition Rating, the property features a meticulously renovated main home and a brand-new 2023 ADU, offering immediate rental potential. High-quality finishes including a Granite Kitchen and a serene City Lights View provide significant resident appeal. This versatile asset is perfectly suited for Owner-Occupants looking to offset their mortgage or Buy-and-Hold Investors seeking a stabilized, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2116 S Cloverdale Subject | $1,580,000* List Price | 0 | 0 | 2,592 | $597 | - |
A 5335 Carlin Active | $1,395,000 List Price | 8 | 4 | 2,590 | $539 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1939, the property has undergone an extensive recent renovation within the last 5 years, including a brand-new kitchen with granite countertops and new backsplashes. The addition of a permitted ADU built in 2023, along with fresh interior and exterior paint and high-quality finishes throughout, aligns with the criteria for excellent condition where all major components are new or virtually new.
The property includes a newly permitted 2023 ADU with high-quality finishes, offering a turnkey opportunity for rental income or multi-generational living.
Situated in the heart of Mid-City, the home provides exceptional accessibility, located within 15 to 20 minutes of Beverly Hills, Downtown LA, and Santa Monica.
The main residence features a brand-new kitchen with granite countertops and fresh interior/exterior paint, blending modern convenience with classic charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2592, other record living area = 2184.
One of the four bedrooms has been converted into a formal dining room, which may require reconfiguration for buyers specifically needing a four-bedroom main house.
Despite extensive cosmetic upgrades, the original 1939 construction may still feature older foundational or utility elements common to homes of this era.
Located in the heart of Mid-City, this fully upgraded 4-bedroom, 2-bath home — with additional 1 bed 1 bath ADU (!!) — offers the quintessential experience of indoor-outdoor living. One of the bedrooms has currently been converted into a formal dining room, creating a flexible layout for people with modern lifestyles who treasure their moments with family and friends. It is a special space. The main house features a brand-new kitchen. It has granite countertops, new backsplash, fresh interior and exterior paint, and high-quality finishes. A permitted ADU built in 2023 also includes granite counters, making it ideal for rental income or extended family. Enjoy a large, landscaped backyard with a koi pond, thick hedges for privacy, and a spacious storage room. A gated carport and driveway can accommodate up to 3 vehicles. The home is private, and you can definitely expect privacy if you decide to live here. It’s in a prime, central location with quick access to freeways, restaurants, and shops. It’s just 15 minutes to Beverly Hills, West Hollywood, and Downtown Los Angeles. And, it’s just 20 minutes to Santa Monica Beach. Live in the main house and rent the back unit. So, this property makes sense for both homeowners and investors. This one is a great find, so please come check it out before it’s off the market!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,592 | 3,652 | 50% |
| Lot Size | 6,302 | 6,281.5 | 50% |
| Price | $1.58M | $1.34M | 50% |
| Price per sq ft | $610 | $441 | 75% |
| Built year | 1939 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 156 | 13% |
Mar 6, 2026
$1,580,000
Initial Listing
Jan 14, 2015
$589,000
Public Record
Sep 20, 2012
$442,000
Public Record