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Los Angeles, CA 90004 4720 Clinton Street

$1,985,000

4720 Clinton Street Los Angeles, Ca - Image 14720 Clinton Street Los Angeles, Ca - Image 24720 Clinton Street Los Angeles, Ca - Image 3
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4720 Clinton Street Los Angeles, Ca - Image 44720 Clinton Street Los Angeles, Ca - Image 54720 Clinton Street Los Angeles, Ca - Image 64720 Clinton Street Los Angeles, Ca - Image 7
Presented By: Shant Dimijian with Berkshire Hathaway Home Services Golden Properties; 626-264-4444
  • MLS# PF24088694
  • 05/02/2024
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  • BedBeds • 9
  • BathBaths • 9
  • FootageSQFT • 7,918
  • GarageGarage • 12

Home Details

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.
Presented By: Shant Dimijian with Berkshire Hathaway Home Services Golden Properties; 626-264-4444

Interior Features for 4720 Clinton Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 4720 Clinton Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks, Urban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market
DirectionsEast of Western Ave, South of Melrose Ave.
Electric Expense10126.0
Entry Location1
Fuel Expense0.0
Garage Spaces12.0
Garage Y/NYes
Gross Income148296.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense9583.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet7493.0
MLS AreaC20 - Hollywood
MaintenanceExpense5140.0
MobileHomeRemainsYNNo
Net Operating Income80135.0
New ConstructionNo
Operating Expense63751.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories2
Street NameClinton
Tax Lot1
Tenant PaysElectricity, Gas
Total Units9
Trash Expense7127.0
View Y/NNo
Water Sewer Expense5000.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningLAR3

Exterior for 4720 Clinton Street

Building Area Total7918.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.172
Lot Size Area7493.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,985,000
MLS#PF24088694
List Date 05/02/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors