2131 2133 S Cloverdale, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

2131 2133 S Cloverdale, Los Angeles, California 90016 home-pic-0
ACTIVE$1,545,000$2,300/sqft
Est. Value: $1,605,472
3%
BelowEstimate
2131 2133 S Cloverdale, Los Angeles, California 90016
0Bed
0Bath
2,300Sqft
5,294Lot

Price Vs. Estimate

The estimated value ($1,605,472.405) is $60,472.405 (3%) higher than the list price ($1,545,000). This property may be underpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: Features a newly constructed, detached ADU with its own HVAC system and attached garage, offering significant potential for rental income or multi-generational living.
Top Cons:
Lack of Central HVAC in Main House: While the ADU includes an HVAC system, the description does not mention central air conditioning for the main residence, which could be a drawback in warmer months.

Compared to the nearby listings

Price:$1.54M vs avg $1.03M (+$515,000)87%
Size:2,300 sqft vs avg 1,393 sqft93%
Price/sqft:$672 vs avg $75531%

More Insights

Built in 1926 (100 years old).
Condition: This property has undergone an extensive 'stripped to the studs' renovation, effectively making it a new home within an existing shell, complemented by a newly built detached ADU. All major systems (electrical, plumbing, roof, foundation for ADU) are new. The kitchen and bathrooms feature modern white shaker cabinets, quartz countertops, new stainless steel appliances, contemporary fixtures, and wide plank vinyl flooring throughout. Recessed lighting and tankless water heaters further enhance its modern appeal. The overall condition is virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1926
Close
-
List price
$1.54M
Original List price
$1.54M
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
DW26011304
Home ConditionExcellent
Features
Patio
View-

About this home

Back on the Market! Mid-City SFR with Detached ADU. This recently remodeled single-family Mid-City home was totally stripped to the studs with a newer detached ADU with attached one Car Garage (new foundation, new roof, new electrical and plumbing and new appliances). This home features a beautiful style exterior with earth tone stucco, red barrel roof tile, in the front and white windows. The front unit has three master suites with a walk-in closet in the master bedroom with sliding doors beckoning you out into the back yard suitable for casual outdoor and driveway that can accommodate up to 4 cars. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, updated plumbing fixtures, white shaker cabinets with soft close doors and drawers, and quartz countertops. The kitchen which includes a spacious pantry, island with bar seating and with ceiling exhaust. Kitchen boasts stainless steel appliances, including a French door refrigerator, gas range, and dishwasher. Kitchen has a dining area overlooking the front yard. The rear ADU is one bedroom and one bath with a spacious open living space to accommodate living, dining and kitchen. The unit has an HVAC system and washer dryer hookups. Attached single car garage in the back. All bathrooms are equipped with contemporary fixtures with new tankless water heaters.

G
Gilberto Ramirez
Listing Agent

Price History

Date
Event
Price
11/04/19
Sold
$775,000
11/04/19
Sold
$760,000
Condition Rating
Excellent

This property has undergone an extensive 'stripped to the studs' renovation, effectively making it a new home within an existing shell, complemented by a newly built detached ADU. All major systems (electrical, plumbing, roof, foundation for ADU) are new. The kitchen and bathrooms feature modern white shaker cabinets, quartz countertops, new stainless steel appliances, contemporary fixtures, and wide plank vinyl flooring throughout. Recessed lighting and tankless water heaters further enhance its modern appeal. The overall condition is virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: Features a newly constructed, detached ADU with its own HVAC system and attached garage, offering significant potential for rental income or multi-generational living.
Extensive Renovation: The main single-family residence has been 'stripped to the studs' and fully remodeled, ensuring modern infrastructure, finishes, and reduced immediate maintenance concerns.
Modern & High-End Finishes: Boasts contemporary upgrades throughout, including wide plank oak style vinyl flooring, recessed lighting, white shaker cabinets, quartz countertops, stainless steel appliances, and tankless water heaters.
Functional Layout & Ample Parking: The front unit includes three master suites, providing flexibility and privacy, complemented by a spacious driveway accommodating up to 4 cars, a significant asset in Los Angeles.
Desirable Mid-City Location: Situated in the sought-after Mid-City area of Los Angeles, offering convenient access to amenities, cultural attractions, and potential for continued property value appreciation.

Cons

Lack of Central HVAC in Main House: While the ADU includes an HVAC system, the description does not mention central air conditioning for the main residence, which could be a drawback in warmer months.
Age of Original Structure: Despite extensive renovations, the main house was originally built in 1926, which may raise concerns for some buyers regarding the original foundation or other structural elements not explicitly stated as new.
Potential for Increased Property Taxes: Given the significant renovation and addition of an ADU, the property's assessed value will likely increase substantially, leading to higher annual property tax obligations for the new owner.
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