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For sale
  • Listing Provided by: 

    Leonardo Laterza DRE #01861324 leonardo.laterza@marcusmillichap.com,

    Marcus & Millichap RE Invest

    $1,980,000

    4316 Clinton St, Los Angeles, CA 90004

    8beds
    6baths
    4,924sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $402/sqft
    $-- HOA

    What's special

    Modern backsplashesFresh paintNew flooringResealed roofUpgraded travertine tilesQuartz countertopsUpdated light fixtures
    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 garages and two additional open parking spaces. This setup presents a potential for additional income, especially through ADU conversions with individual garages. With a Walk Score of 81, the property benefits from a highly accessible location. Major freeways such as the 101 and CA-60 are nearby, and key employment hubs like LA City College, Kaiser Permanente, Wilshire State Bank, Netflix, Paramount Studios, and YMCA Korea Town. Located one mile from Vermont/Beverly Metro link station, this location offers convenient transit options, making this location ideal for commuters traveling to Downtown LA, Hollywood and Santa Monica.
    104 days
    on Zillow
    |
    76
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2025 at 09:57am

    Listing Provided by:

    Leonardo Laterza DRE #01861324 leonardo.laterza@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC25096722MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Rooms
    • Room types: Laundry
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: Inside
    Features
    • Flooring: Wood
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,924
    • Total interior livable area: 4,924 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 4
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,933 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Additional structures: Two On A Lot
    • Parcel number: 5520009014
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Foundation: Combination
    • Roof: Flat
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Urban, Gated
    • Security: Gated Community
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $402/sqft
    • Tax assessed value: $833,014
    • Annual tax amount: $11,024
    • Date on market: 5/1/2025
    • Listing terms: Conventional
    • Total actual rent: 12784
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved
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