5131 Clinton Street, Los Angeles, CA, 90004

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$1,900,000
New Listing

5131 Clinton Street
Los Angeles, CA 90004

For Sale|Residential Income|Active
11
Beds
12
Total Baths
7,093
SqFt
$268
/SqFt
1956
Built
County:
Los Angeles
Listed by Jason Tuvia of Marcus & Millichap jtuvia@marcusmillichap.com
Call Now: 951-203-4426
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951-203-4426
5131 Clinton Street5131 Clinton Street5131 Clinton Street5131 Clinton Street
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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.

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Listing Snapshot
Price 
$1,900,000
Days On Site 
0 Days
Bedrooms 
11
Inside Area (SqFt) 
7,093 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1436 Acres
Year Built 
1956
MLS® Number 
26999267
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Acres 
0.1436
Levels 
Two
Special Circumstances 
Standard
SqFt Total 
7093
Zoning 
LAR3
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Community Features
MLS Area 
C18 - Hancock Park-Wilshire


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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