Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap. Last updated 2024-04-28 08:11:36.000000. Listing information © 2022 Sandicor.
Asking Price: $1,200,000
4307 Clinton, Los Angeles CA 90004
Community: C17 - Mid-Wilshire
This property was built in 1921 and is priced at $1,200,000. Please see the additional details below.
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.
