5131 Clinton ST, Los Angeles, CA 90004
5131 Clinton ST, Los Angeles, CA 90004
5131 Clinton ST, Los Angeles, CA 90004
5
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$1,900,000
Est. payment /mo
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11 Beds
12 Baths
7,093 SqFt
New

5131 Clinton ST Los Angeles, CA 90004

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,093 sqft

Price per Sqft $267

MLS Listing ID 26999267

Bedrooms 11

HOA Y/N No

Year Built 1956

Lot Size 6,255 Sqft

Property Description

We are pleased to present a twelve (12) unit apartment building located at 5131 Clinton St in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Melrose Ave and east of Van Ness Ave. Located in prime Hollywood, this multifamily property offers approximately 85% potential rental upside and a varied unit mix comprising two studios, one guest unit, seven one-bedroom units, and two two-bedroom units. Built by the seller's family, the property features a completed soft-story retrofit and a copper re-pipe completed in 2005. Amenities include on-site laundry, five rear tuck-under parking spaces, and one front open parking space. The tuck-under parking may present ADU conversion opportunities, subject to feasibility and approvals. Residents enjoy convenient access to the 101 Freeway and commercial corridors along Melrose, Santa Monica, Western, and Beverly. Nearby destinations include Larchmont Village, Lemon Grove Recreation Center, and Hollywood's many popular local restaurants, shops, and entertainment attractions. With approximately 85% potential rental upside, a completed soft-story retrofit, and potential tuck-under parking conversions for ADUs, the property presents a compelling value-add opportunity in prime Hollywood. ***PLEASE NOTE: Property is part of a 9-building portfolio. Building may be sold individually or as a portfolio.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Fireplace No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5522005014

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jason Tuvia Marcus & Millichap #01772495

NEARBY SCHOOL & BUSINESS

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales License ID: 01701809

+1(424) 242-8856

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5131 Clinton ST

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