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$895,000

Beds
5
sq ft
2,016

2701 S Cloverdale Ave, Los Angeles, CA 90016

2701 S Cloverdale Ave

Los Angeles, CA 90016

  • 31 days on market
Triplex in Prime West Adams Neighborhood! Located on a corner lot, this income property is fully occupied & is a great candidate for an ADU garage conversion. Each unit has its own address & unit mix consists of: 1/1, 1/1, & 3/1. Detached 3-car garage. Fully gated lot. A great opportunity in an amazing neighborhood!

Details

Property type

Est. home value

$992,621

Lot size

4,801 sq ft

Price per sq ft

$444

Year built

1929

HOA

No

Price History

03/26/2025
CLAW

CLAW #25504463

Listed
$895,000
03/20/2025
CLAW

CLAW #25504463

Pending
$895,000
02/27/2025
CLAW

CLAW #25504463

Listed
$895,000
-25.1%

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,938
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$818,462
Cash to seller
$4,938

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

May 2022

Original loan amount

$860,000

Est. remaining balance

$818,462

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Samuel Kyun Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 12:25 AM

Listing updated: 03/25/2025 at 5:26 PM

Listed by: Oliver Moussazadeh, Revilo Realty, Inc. Phone #: (310) 422-3374

MLS: CLAW #25504463

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