4720 Clinton Street, Los Angeles

$1,985,000

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0 Bed
0 Bath
.17 Acre
12 Garages

Well-maintained building with significant value-add opportunity - boasts an attractive unit mix with tremendous upside in rents to maximize ROI. Property is fully occupied, with all tenants on a month-to-month lease. It can be reverted to 10 units, as the single 2bd/2ba unit has two electrical meters - was originally two separate 1bd/1ba units. Has a common laundry area that provides extra income, and one on-site parking space allocated to each unit. Located in the Melrose Hill area adjacent to Larchmont, the property is perfectly situated to provide easy access to Central & West Hollywood, Downtown Los Angeles and Koreatown.

Essential Information

MLS® #
PF24088694
Price
$1,985,000
Bathrooms
0.00
Acres
0.17
Year Built
1961
Type
Residential Income
Sub-Type
Mixed Use
Status
Active

Community Information

Address
4720 Clinton Street
Area
C20 - Hollywood
City
Los Angeles
County
Los Angeles
Zip Code
90004
Senior Community
N

Community Features

Street Lights, Sidewalks, Urban

Amenities

Parking Spaces
12
Parking
Assigned
# of Garages
12
Garages
Assigned
Pool
None

Interior

Cooling
Wall/Window Unit(s)
Fireplaces
None
# of Stories
2
Stories
Two

Exterior

Lot Description
Corner Lot

Additional Information

Date Listed
May 2nd, 2024
Days on Market
15
Zoning
LAR3

Listing Details

Agent
Shant Dimijian

Office

Berkshire Hathaway Home Services Golden Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 7:55am 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.