2754 S Cloverdale Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This 1922 Mid-City bungalow represents a High-Potential Investment Opportunity, listed at a List Price of $895,000—positioned slightly above the $880,273 Fair Market Value. While the property requires updates to its dated systems, its RD1.5 Zoning and detached bonus room provide significant value-add potential for an ADU conversion. Featuring a Condition Rating of 4, the home offers a functional layout with a covered patio and prime access to the Expo Line. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2754 S Cloverdale Avenue Subject | $895,000* List Price | 3 | 2 | 820 | $1,074 | - |
A 5514 Smiley Active | $849,999 List Price | 2 | 1 | 828 | $1,027 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1922, the property features a mix of cosmetic refreshes and dated systems. While the kitchen is described as updated and the interior has fresh paint, the presence of popcorn ceilings and a wall heater instead of a modern central HVAC system indicates the renovation is likely older (15-30 years) or incomplete, requiring further updates to meet modern standards.
The RD1.5 zoning and detached bonus room provide significant opportunities for future expansion or an ADU conversion, offering a path to increased property value and rental income.
Located steps from the Expo Line and the vibrant Adams Blvd corridor, the property offers exceptional walkability and transit access to some of Los Angeles' best dining and commuting routes.
The property features a large, versatile front yard and a bougainvillea-framed covered rear patio, maximizing the usable square footage for entertaining and gardening in a private setting.
With only 820 square feet of living space distributed across three bedrooms, the interior layout may feel cramped and the individual room sizes are likely quite small.
The assigned middle and high schools have low performance ratings (2/10), which could be a significant drawback for families and may impact long-term resale appeal to that demographic.
This is how you land in one of LA's best neighborhoods. A 1922 Mid-City bungalow on a quiet, tree-lined street. Charming from the moment you spot that Greek-inspired deep blue door framed by twin palms at the end of a long front yard pathway. With plenty of space, the front yard can be used for additional parking, outdoor entertainment, and gardening. Inside, the layout is open and bright, with an updated kitchen, fresh paint throughout, and a cheerful living room with a breakfast bar that makes gathering easy. Outside, bougainvillea frames a covered patio made for entertaining, and a detached bonus room offers endless possibilities: a studio, playroom, home office, or ADU conversion for rental income. Short distance to Adams Blvd for coffee, dinner, and everything in between. Steps from the Expo Line. Zoned RD1.5 which provides future expansion potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 820 | 1,480.5 | 4% |
| Lot Size | 4,817 | 6,001.5 | 19% |
| Price | $895.0K | $1.04M | 30% |
| Price per sq ft | $1.1K | $736 | 94% |
| Built year | 1922 | 1928 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 142 | 4% |
May 22, 2026
$895,000
Initial Listing
Feb 14, 2023
$855,000
Public Record
Feb 19, 2016
$415,000
Public Record
Dec 23, 2010
$210,500
Public Record