Multifamily
4307 Clinton St
4307 Clinton St, Los Angeles, CA 90004
Listing Price: $1,100,000
Investment Overview
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS.
Marcus & Millichap, as the exclusive listing agent, is 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 41% 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 groundup 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.
4307 Clinton St
Investment Highlights
- There is 41 Percent Remaining Rental Upside Through Interior Renovations
- Current Ownership Has Attentively Maintained the Property
- Located in a Sought-After Pocket North of Koreatown and South of Hollywood. With a Walk Score of 80, Residents Enjoy Convenient Access to Employment Centers, Retail, and Entertainment
- Family Owned and Operated for the Last 13 Years
Exclusively Listed By
Financing By
Listing Price: $1,100,000
Investment Highlights
- There is 41 Percent Remaining Rental Upside Through Interior Renovations
- Current Ownership Has Attentively Maintained the Property
- Located in a Sought-After Pocket North of Koreatown and South of Hollywood. With a Walk Score of 80, Residents Enjoy Convenient Access to Employment Centers, Retail, and Entertainment
- Family Owned and Operated for the Last 13 Years
Investment Overview
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. Marcus & Millichap, as the exclusive listing agent, is 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 41% 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 groundup 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.
Exclusively Listed By
Financing By
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