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$1,980,000
Est. payment /mo
4,924 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,924 sqft
Price per Sqft $402
MLS Listing ID CROC25096722
HOA Y/N No
Year Built 1924
Lot Size 5,933 Sqft
Acres 0.14
Property Sub-Type Other
Property Description
Leonardo Laterza of Marcus & Millichap, as an exclusive listing agent is proud to present a prime multifamily investment opportunity at 4316-4320 Clinton St, located just south of Melrose Ave and north of Rosewood Ave, right between Alexandria & Kenmore Ave in one of the most desirable pockets of Los Angeles. This well maintained 6 units apartment building consists of two separate structures and offers desirable unit mix of four 2 bed /1 bath units and two studios. Each unit is equipped with in-unit washer and dryer, providing residents with enhanced convenience and modern functionality. The property has undergone extensive interior renovations where five out of the six units have been highly renovated including the following: brand-new kitchen cabinets, quartz countertops, modern backsplashes, new flooring, upgraded travertine tiles in kitchens and bathrooms, new bathroom vanities, fresh paint, updated light fixtures, and new AC and heating units. Only one unit has not been renovated allowing the new owner to execute on the proven value add plan. Furthermore, the capital improvements include all-new windows throughout and resealed roof. The property is separately metered for gas and electricity, and the trash is paid through the City of LA. Additionally, there are four one-car g
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Flooring Wood
Fireplace No
Laundry Inside
Exterior
View Y/N true
View Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5520009014
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Listed by Leonardo Laterza • Marcus & Millichap RE Invest