About 2301 S Cloverdale, Los Angeles, California, 90016
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 townhouse configuration, substantial parking, and flexible potential for conventional or specialized housing strategies, this property offers a distinctive opportunity for an investor seeking scale and operational flexibility in Mid City Los Angeles. Prime location central to transportation 10, 405, 110 freeways and Metro Line. Contact listing agent for more details and schedule tours.
Water Source : Public
Sewer System : PublicSewer
Community Features : StreetLights
Parking Total: 16
Garage : Yes.
Garage Spaces: 16
Lot Features : TwoToFiveUnitsAcre
Property Sub-Type Additional : Apartment
Laundry Features : CommonArea, Inside
Water Source : Public
Sewer System : PublicSewer
Community Features : StreetLights
Parking Total: 16
Garage : Yes.
Garage Spaces: 16
Lot Features : TwoToFiveUnitsAcre
Property Sub-Type Additional : Apartment
Laundry Features : CommonArea, Inside

Street Address: 2301 S Cloverdale
City: Los Angeles
State: California
Postal Code: 90016
County: Los Angeles
Directions: 10FWY West Exit La Brea Ave, First Left W 23RD St, First Left S Manfield Ave, Right on Bangor St and Left onto Cloverdale

Property Information :
Listing Status: Active
Size: 10,444 Sqft
Lot Size: 0.23 Acres
MLS #: SB26206133
Price: $4,650,000
Construction Status: Built in 2019
Last Modified : Oct 2 2026 1:51AM

Courtesy of: Matthew Oksas, Irongate Real Estate (MLS# S9583)
Source MLS: CRMLS