5115 Clinton Street
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 6,270 sqft lot
- 1962 build
- – on site
7 unit professionally managed trophy asset located in the heart of highly desirable Larchmont. Just 2 blocks from Paramount Studios, and less than half a mile to Hancock Park and Wilshire Country Club! Fully restored and turn-key building that will run with low maintenance/repairs and upkeep while having in-place market rate tenants on Day 1. All units were fully remodeled and installed brand new bathrooms, kitchens, AC units, in-unit washer & dryers, appliances, flooring, countertops, cabinets, shower tiling, light fixtures, windows, doors & molding, paint, vanities and much more! Great unit mix of: (4) Large 2 Bed/1.5 Bath Two Story Townhomes, (1) 1 Bed/1 Bath, & (2) Studios. All units have reserved on-site parking in the back which is high value for a thinly parked neighborhood. The entire electrical service (main panel, meters and subpanels) was replaced in 2024 and done with permits. New roof installed in 2023, and the building has 100% copper plumbing throughout. EQ retrofit completed in 2023, and all gas meters have EQ shut off valves installed already. Separately metered for gas & electricity, and all units are on RUBS for water, sewer and trash for utility reimbursements to help keep operating costs down and NOI high for great cash flow. Exterior of building received all new paint, new landscaping, new fencing, new lighting, and more! 5.37% cap rate on current rents and 2024 expenses (including new & updated tax rate & assessments based on list price and vacancy reserves -- although 100% occupied).
Last checked:
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Last updated Apr 3, 2025
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MLS# 25507875 —
The Building
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Year Built:1962
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New Construction:No
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Building Area Total:5393.00
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Total Number Of Units:7
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# of Buildings:1
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two
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Entry Location:Main Level
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:South of Melrose Ave, North of Beverly Blvd, East of Larchmont Blvd, West of Western Ave
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Latitude:34.08193000
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Longitude:-118.31408100
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Zoning:LAR3
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Lot Size Area:6270.0000
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Lot Size Acres:0.1439
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Lot Size SqFt:6270.00
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Security Features:Automatic Gate
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5522006009
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Covered
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Parking Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/10/25
Mar 10, 2025
|
Listed / Active | CRMLS_CA | $2,740,000 |
