JRM Properties is pleased to present 626 S Cloverdale Avenue, a two story 1929 built Art Deco apartment building centrally located in the Miracle Mile neighborhood. Situated on a 7802 sq ft lot, property offers (8) spacious 1 Bedroom 1 Bedroom. All Units have original charm, original hardwood Flooring, sconces, Spanish tile in bathroom. The Property is in close proximity to Beverly Hills, Parks, outdoor shopping, Wilshire night life, dining venues, and near the new Metro station on Wilshire. Potential to build more units in back with SB 1211. Delivered with 2 vacancies. Laundry room offers additional income. Tremendous Pride of Ownership from current Ownership. Great Opportunity to purchase an apartment building in a great location and with Upside. Please call listing agent with any questions. Please do not walk property without listing agent. Please do not disturb tenants.
Listed by Joshua Tomaszewski
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License #01836611
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JRM Properties
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323-951-9778
Last updated November 11, 2025
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Source: CRMLS #25614179
Listing Facts
TypeMulti-family
NeighborhoodMid - Wilshire
Bedrooms8
Days on Prevu16
Size6,682 sqft
Price per sqft$373
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/03/2025
Listed by JRM Properties
$2,495,000
Property Details for 626 S Cloverdale Avenue
Exterior
Construction
Number Of Units Total: 8
Roof: Composition
Stories: 2
Year Built: 1928
Entry Location: Ground Level - no steps
Features
Direction Faces: East
View: City Lights
Measurements
Building Area Total: 6,682
Lot Size Acres: 0.17
Lot Size Area: 7,804
Lot Size Square Feet: 7,804
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.2
Gross Income: $195,840.00
Taxes
Parcel Number: 5508008018
Interior
Features
Appliances: Refrigerator
Flooring: Wood
Measurements
Living Area: 6,682
Rooms
Bathrooms Total Integer: 8
Bedrooms Total: 8
Parking
Parking
Parking Features: Uncovered
Parking Total: 8
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
