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Listed by Irongate Real Estate, Matthew Oksas, Stacey Perlman Listing Contact: [email protected]

$4,650,000

2301 S Cloverdale, Los Angeles CA, 90016

Price per sqftN/A
Built in2019
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 16h ago

Roomers West Adams is a Rare opportunity for an investor, owner-user, or specialized housing operator to acquire a newer-construction asset in Mid-City/West Adams. Constructed in 2019 and offered AS IS, this contemporary property consists of 5 modern vertical townhomes, each offering approximately 6 bedrooms and 6.5 bathrooms across three levels. The thoughtfully designed interiors combine modern architecture with functional layouts, hardwood flooring, designer bathrooms, generous closet space, and spacious private suites. Building amenities include a secure gated entrance, community courtyard, and 16 gated parking spaces. At full occupancy, projected gross income is approximately $525,000 annually, representing a pro forma GRM of approximately 8.86 and a 8.92% cap rate. Beyond traditional rental housing, the property's configuration and scale may be particularly compelling to buyers evaluating student/group housing, university-area lodging, specialized co-living, SRO-style housing, transitional or supportive housing, nonprofit housing programs, recovery-oriented residential models, or other innovative shared-housing concepts, subject to zoning, permitted use, occupancy requirements, licensing, and all applicable governmental approvals. With its newer construction, multi-bedroom

$30,937/mo

Est. mortgage payment based on a $4,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26206133

Interior Features

Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Irongate Real Estate, Matthew Oksas DRE:01437004, Stacey Perlman
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Awne Elrabadi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:08 AM UTC, 10/7/2026

 

 

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