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4720 Clinton St, Los Angeles, CA 90004
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4720 Clinton St Los Angeles, CA 90004

$1,985,000
  • 0 Beds
  • 0 Baths
  • 7,918 Sq.Ft.
For Sale
$1,985,000 Get Pre-Qualified
Map preview of 4720 Clinton St, Los Angeles, CA 90004

Property Overview: 4720 Clinton St Los Angeles, CA has -- bedrooms, -- bathrooms, 7,918 living square feet and 7,493 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Well-maintained building with significant value-add opportunity - boasts an attractive unit mix with tremendous upside in rents to maximize ROI. Property is fully occupied, with all tenants on a month-to-month lease. It can be reverted to 10 units, as the single 2bd/2ba unit has two electrical meters - was originally two separate 1bd/1ba units. Has a common laundry area that provides extra income, and one on-site parking space allocated to each unit. Located in the Melrose Hill area adjacent to Larchmont, the property is perfectly situated to provide easy access to Central & West Hollywood, Downtown Los Angeles and Koreatown.

Listed by Shant Dimijian | BRE #01988179 | Berkshire Hathaway Home Services Golden Properties
Co-listed by Ohanes Dimejian | BRE #00945543 | Berkshire Hathaway HomeServices
Last checked: 9 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,493
HOA Dues
$0/mo
Year built
1961
Garage
12 Car
Property Type:
Mixed Use
Status
Active
MLS#
PF24088694
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 10
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $148,296
  • Net Operating Income: $80,135
  • Gross Operating Income: $143,886
  • Vacancy Allowance: $4,410
Annual Expense Breakdown
  • Total Operating Expense: $63,751
  • Electric: $10,126
  • Gas/Fuel: $0
  • Trash: $7,127
  • Gardener: $850
  • Insurance: $9,583
  • Maintenance: $5,140
  • Professional Management: $0
  • Water/Sewer: $5,000
  • Other Expenses: $2,165
  • Other Expense Description: Licenses

Open Houses for 4720 Clinton St

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Property Details for 4720 Clinton St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 5521011001
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of Western Ave, South of Melrose Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4720 Clinton St

Last sold on January 30th, 2020

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: PF24088694

    $1,985,000

    Price

  • January, 2020

  • Jan 30, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2007

  • Feb 21, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

Show More

Tax History for 4720 Clinton St

Assessed Value (2020): $1,531,844
Year Land Value Improved Value Assessed Value
2020 $1,102,556 $429,288 $1,531,844

Home Value Compared to the Market

This property vs the competition

4720 Clinton St is listed 58.93% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $250.69 per/sqft which puts the price per square foot 67.61% lower than the median price per square foot for the city of Los Angeles.

About 4720 Clinton St

Detailed summary of property

4720 Clinton St is a mixed use located in Los Angeles, CA 90004 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 7,918 living square feet, and sits on an approximately 7,493 square foot lot. 4720 Clinton St was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $1,985,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 58.93% higher than the median priced home. Local competing homes currently for sale include 8282 W 4th St, 2016 S Bedford St and 2015 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 94 days, 4720 Clinton St has a days on market of 11 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4720 Clinton St Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4720 Clinton St

Public county record property details
Beds
15
Baths
10
Year built
1961
Sq. Ft.
7,918
Lot Size
7,493
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5521-011-001

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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