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Listed by: Rob Kellner (352) 217-7429 DRE #02201789, Jonathan Rawson DRE #02010400 | Avenue Realty Group (310) 433-4293
$2,575,000
10 Beds
- 11 Baths
5,393sqft
5115 Clinton St #1, Los Angeles, CA 90004
$2,575,000
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Multi Family
Built in 1962
$-- HOA
6,270 sqft lot
$477/sq.ft
Description
Beautifully remodeled and high in-place cash flow trophy asset located in the heart of A+ Larchmont and just blocks away to Historic Hancock Park and Wilshire Country Club! This professionally managed building has been fully restored and is being offered a true 6.01% current cap rate (based on current rents, new tax rate, and May 2024 to May 2025 actual expenses). 6 of the 7 units are eligible for 4% rent increases to take the cap rate to 6.27%! All units were gut remodeled and have brand new bathrooms, kitchens, living rooms, bedrooms, in-unit air conditioning units, in-unit washer & dryers, stainless steel appliances, flooring, retrofitted windows, quartz countertops, t...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
5,393 sqft
Lot Size
6,270 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25566729
MLS Status
Pending
Days on Market
154
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