4307 Clinton Street Los Angeles, CA $ 1,200,000
4307 Clinton Street
$ 1,200,000
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4307 Clinton Street

Los Angeles, CA, 90004
$ 1,200,000
Bedrooms8 Baths4.0 Sq 4,044

Monthly Estimate*

$ 8,382

Listed by Marcus & Millichap
4307 Clinton Street, Los Angeles, CA 90004 - Image 1
4307 Clinton Street, Los Angeles, CA 90004 - Image 2
4307 Clinton Street, Los Angeles, CA 90004 - Image 3
4307 Clinton Street, Los Angeles, CA 90004 - Image 4
4307 Clinton Street, Los Angeles, CA 90004 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,200,000 with 8 bedrooms and 4 full baths. This 4,044 square foot home was built in 1921 on a lot size of 0.0936.

We are pleased to present the opportunity to acquire a four-unit apartment community situated north of Koreatown. The subject property is located southwest of the 101 Freeway & east of Normandie Avenue. The property is situated on a 4,078 square foot parcel and comprises of four large units. There is 42% remaining rental upside that new ownership can capture through interior renovations. As one of Los Angeles' most densely populated neighborhoods, this submarket's popularity has grown significantly over recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground up development in the immediate gentrifying area, the location has been catering to families, young professionals and artists alike in recent years. Taking into consideration the property's strong location and remaining value-add components, 4307 Clinton Street is well suited to provide investors with healthy returns and long-term appreciation potential. *Buyer to Verify Bedroom Count. Two Bedrooms are Legally One Bedrooms Per Los Angeles Assessor.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0936

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24373931

Days on Market

31

Features
General
Zoning LAR3
Year Built 1921
Stories 2
Levels Two MultiSplit
Gross Income 84816.0
County Los Angeles
Net Operating Income 59547.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of Melrose Avenue & West of Vermont Avenue
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 4078.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Clinton
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Year Built Source Assessor
Cap Rate 4.96
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Exterior
Total Parking 2.0
Lot Size Area 4078.0
Number of Buildings 1
Spa N
Building Area Total 4044.0
Lot Size Acres 0.0936
Lot Size Units SquareFeet
Lot Size Source Appraiser
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 4
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Internal Only
Street Number 1 4307
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* Excluded Features
List By
Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$8,382
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$1,200,000 Listed Price

Map


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4307 Clinton Street, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,200,000 with 4,044 sqft and a lot size of 0.0936. 4307 Clinton Street has 8 bedrooms, 4.0 baths, and was built in 1921. The property's zip code is 90004 which is in Los Angeles, CA