Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

2116 S Cloverdale

Los Angeles, CA, 90016

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$1,580,000

MLS: WS26049615

Beds

5

Baths

3

Sq Ft

2,592

Lot

0.14 ac

Year Built

1939

MLS #

WS26049615

Days on Market

44

Listed

Mar 6, 2026

Description

Located in the heart of Mid-City, this fully upgraded 4-bedroom, 2-bath home — with additional 1 bed 1 bath ADU (!!) — offers the quintessential experience of indoor-outdoor living. One of the bedrooms has currently been converted into a formal dining room, creating a flexible layout for people with modern lifestyles who treasure their moments with family and friends. It is a special space. The main house features a brand-new kitchen. It has granite countertops, new backsplash, fresh interior and exterior paint, and high-quality finishes. A permitted ADU built in 2023 also includes granite counters, making it ideal for rental income or extended family. Enjoy a large, landscaped backyard with a koi pond, thick hedges for privacy, and a spacious storage room. A gated carport and driveway can accommodate up to 3 vehicles. The home is private, and you can definitely expect privacy if you decide to live here. It’s in a prime, central location with quick access to freeways, restaurants, and shops. It’s just 15 minutes to Beverly Hills, West Hollywood, and Downtown Los Angeles. And, it’s just 20 minutes to Santa Monica Beach. Live in the main house and rent the back unit. So, this property makes sense for both homeowners and investors. This one is a great find, so please come check it out before it’s off the market!

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: NATTAPONG RATTANAPAN · THE AGENCY

Payment estimate

$11,275

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $158,000 · Loan: $1,422,000

%
Principal & Interest
$8,737
Property tax (1.25%)
$1,646
Homeowners insurance
$300
Mortgage insurance
$593
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $55,300 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90016 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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