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5115 Clinton St
Los Angeles, CA 90004 Hancock Park

$2,575,000 USD

Apartments For Sale  •  5,393 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,393 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1962
  • Cap Rate 5.84 %
  • Zoning R3
56 Transit Score
92 Walk Score

Highlights

7 Unit Professionally Managed Trophy Asset Located In The Heart of Highly Desirable Larchmont & 2 Blocks From Paramount Studios.
Fully Restored & Turn Key Building - All Units 100% Remodeled & Getting Market Rents.
Brand New Electrical Service (2024), New Roof (2023), EQ Retrofit Completed (2023) & 100% Copper Plumbing.
Gated, Reserved & On-Site Parking For All 7 Units.
Separtely Metered For Gas & Electricity, and Tenants Pay RUBS For Water, Sewer & Trash.
(4) Large 2 Bed/1.5 Bath Two Story Townhomes, (1) 1 Bed/1 Bath & (2) Large Studio Units.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $150,297 USD (2024)
Cap Rate: 5.84 %
Total Expenses: $67,319 USD

Amenities

  • Air Conditioning
  • Fenced Lot
  • Laundry Facilities
  • Gated
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Storage Space
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 10 min - 5.4 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 6.1 mi
AirportDriveWalkDistance
Bob Hope 19 min - 11.0 mi
Los Angeles International 24 min - 13.0 mi
Long Beach (Daugherty Field) 37 min - 26.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Jonathan Rawson 310-869-9137 Avenue Realty Group/ARG Commercial
Jonathan Rawson 310-869-9137 Avenue Realty Group/ARG Commercial