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4307 Clinton Street, Los Angeles, CA 90004

Property

4307 Clinton Street, Los Angeles, CA 90004 Sold December 2024 CRMLS
$1,000,000Sold December 2024

Listing Agent: Sean Rosenzweig (DRE #01406343) · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Greg Harris · Compass · MLS #24440741 · Source: CRMLS

4
Bedrooms
4
Bathrooms
4,044
Sq Ft
4,078 sqft
Lot Size
1921
Year Built
Property
Type
2
Stories

About this property

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.

Listing description from the December 2024 sale, as reported to CRMLS.

Sale history

$1,000,000
Sold December 2024 · listed $1,025,000, orig. $1,100,000, on market September 2024 · MLS #24440741 · Source: CRMLS
Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Greg Harris · Compass
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