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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.
Property Type(s):
Residential Income
| Last Updated | 11/12/2024 | Year Built | 1921 |
|---|---|---|---|
| Community | Mid-Wilshire | County | Los Angeles |
Price History
| Prior to Nov 12, '24 | $1,100,000 |
|---|---|
| Nov 12, '24 - Today | $1,025,000 |
Additional Details
| AREA | Mid-Wilshire |
|---|---|
| LOT | 4078 sq ft |
| STORIES | 2 |
| ZONING | LAR3 |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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