4307 Clinton Street, Los Angeles

$1,100,000

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4 Beds
4 Baths
4,044 Sqft
.09 Acre
0 Garage

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.

Essential Information

MLS® #
24373931
Price
$1,100,000
Bedrooms
4
Bathrooms
4.00
Square Footage
4,044
Acres
0.09
Year Built
1921
Type
Residential Income
Status
Active

Community Information

Address
4307 Clinton Street
Area
C17 - Mid-Wilshire
City
Los Angeles
County
Los Angeles
Zip Code
90004
Senior Community
N

Amenities

Parking Spaces
2

Interior

# of Stories
2
Stories
Two, Multi/Split

Additional Information

Date Listed
March 28th, 2024
Days on Market
51
Zoning
LAR3

Listing Details

Agent
Sean Rosenzweig
Office
Marcus & Millichap
Property History
Price Reduced from $1,200,000 to $1,100,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 8:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.