5115 Clinton Street #1, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
5115 Clinton Street #1,Los Angeles, CA 90004
$2,575,000
- 10 Beds
- 11 Baths
- 5,393 sq. ft.
- Multi-family
- Active
Listed by: rob kellner, jonathan rawson
Office: avenue realty group
MLS#:25566729
Source:CRMLS
Price summary
- Price:$2,575,000
- Price per sq. ft.:$477.47
About this home
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, tile, light fixtures, moulding, and so much more! In an area that lacks parking, there is on-site, gated and reserved parking for each unit! Desirable unit mix of (4) Large 2 Bedroom/1.5 Bath Two Story Townhomes, (1) 1 Bed/1 Bath & (2) Large Studios. In addition to brand new remodeled units, the entire electrical service (main panel, meters & subpanels) was completely replaced in 2024 and permits pulled. The roof was replaced in 2023, EQ retrofit work was competed in 2023, and the plumbing is 100% copper throughout! Utility expenses run low because the units are separately metered for gas & electricity, and ALL units are on RUBS for water, sewer and trash reimbursements to help keep a healthy NOI! The exterior was also fully restored with all new paint, fencing, lighting, and landscaping! Being 2 blocks from Paramount Studios and a household income of $118,134, this building and its location will always be high-in-demand in the rental market for generations to come!
Contact an agent
Home facts
- Year built:1962
- Listing ID #:25566729
- Added:255 day(s) ago
- Updated:November 21, 2025 at 02:50 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Living area:5,393 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1962
- Building area:5,393 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$2,575,000
- Price per sq. ft.:$477.47
New listings near 5115 Clinton Street #1
- New
$700,000Active3 beds 3 baths1,576 sq. ft.9000 Vanalden Avenue #117, Northridge (los Angeles), CA 91324
MLS# CRGD25264067Listed by: JOHNHART REAL ESTATE - New
$599,000Active2 beds 2 baths760 sq. ft.5847 Ernest Avenue, Los Angeles, CA 90034
MLS# CL25620471Listed by: TRG REAL ESTATE CO., INC. - New
$3,499,999Active4 beds 5 baths4,000 sq. ft.3021 Stanford Avenue, Marina Del Rey, CA 90292
MLS# CL25620773Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$535,000Active2 beds 2 baths921 sq. ft.981 S St Andrews Place #201, Los Angeles, CA 90019
MLS# CL25621107Listed by: SKY COMMERCIAL REALTY - New
$895,000Active2 beds -- baths1,080 sq. ft.3828 Goldwyn Terrace, Culver City, CA 90232
MLS# CL25621291Listed by: EAST WEST ESTATES - New
$1,900,000Active4 beds 6 baths4,567 sq. ft.10430 La Canada Way, Burbank, CA 91040
MLS# CRP1-24988Listed by: COMPASS - New
$2,850,000Active8 beds 8 baths3,600 sq. ft.346 Laveta Terrace, Los Angeles, CA 90026
MLS# 25621059Listed by: KELLER WILLIAMS REALTY LOS FELIZ - New
$3,995,000Active29 beds 23 baths13,422 sq. ft.14924 Roscoe Boulevard, Panorama City, CA 91402
MLS# 25621221Listed by: MAHER COMMERCIAL REALTY - Open Sat, 1 to 3pmNew
$750,000Active3 beds 4 baths2,037 sq. ft.7331 1/2 Tampa Avenue, Reseda, CA 91335
MLS# AR25261089Listed by: RE/MAX PREMIER PROP ARCADIA - New
$1,249,000Active-- beds -- baths3,377 sq. ft.815 W G Street, Wilmington, CA 90744
MLS# DW25264305Listed by: VIP RE FIRM