Back 1/5115 Clinton Street
Off Market

1/5115 Clinton Street

Los Angeles CA 90004

10
11
7
5393 sq. ft.
6270 sq. ft.
Other
Last sold for $2,420,000
Robert KellnerRobert Kellner, last sold this property on 30 January 2026 after 325 days on market.

Overview

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!

Features

10 bedrooms
11 bathrooms
7 carspaces
5393 sq. ft. floor area
6270 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 10 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 1/5115 Clinton Street

2026
Sold
$2,420,000
30 Jan 2026 by Robert Kellner, of Avenue Realty Group

Happy sellers in Los Angeles

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Local market activity for 10 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.10-bedroom other similar to 1/5115 Clinton Street, have been sold.

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