4307 Clinton Street , Los Angeles, CA 90004
Los Angeles, CA 90004
Description
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. 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 41% 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.
Details
| Mls | 24440741 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1921 |
| Days On Site | 75 |
| Listing Provided By | Marcus & Millichap 310-909-5500 | Sean Rosenzweig |
Features
| Beds | 4 |
|---|---|
| Baths | 4 |
| Sq Feet | 4,044 |
| Storys | 2 |
| Units | 4 |
| Buildings | 1 |
| Zoning | LAR3 |
| Acreage | 0.09 |
Market Activity 90004
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $1,025,000 low | high Med: $819,900 SqFt: 4,044 low | high Med: 1,076 $ / SqFt: $253 low | high Med: $762 On Site: 75 low | high Med: 86 | |
