NOT LISTED FOR SALE

5012 Clinton St Los Angeles, CA 90004

Larchmont Neighborhood
-- Bed
-- Bath
21,812 Sq Ft
0.84 Acres

Last Sold April 19, 2019

Last sale price $7,800,000 $358 Per Sq Ft

29 Days on Market

About This Home

As of April 2019

APARTMENT OR DEVELOPMENT OPPORTUNITY. Predominantly market rents. Beautiful large courtyard style building. 14 two bedroom units and 10 one bedroom units, for a total of 24 units. Four 2nd floor units with balconies/ two units with patios. All units have formal dining rooms or dining areas with wainscoting. Living rooms with hardwood floors and tiled floors in kitchen and bathrooms. Full baths with tub and shower. Individual hot water heaters. Tenants pay for electric and gas. No laundry contract / building owns washers and dryers and the majority of the refrigerators. Building is 100% occupied and is subject to LA Rent Control. 24 covered parking spaces. Development Opportunity/ Cash-flow while obtaining entitlements Zoned LAR3 . 36,587 Sq. Ft. Density Bonus for "very low, low & mod income allocation"

Last Agent to Sell the Property

Phil Seymour

Keller Williams Studio City License #00630158 Listed on: 02/28/2019

Keller Williams Studio City

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.84

Interior Spaces

  • 21,812 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 24 Parking Spaces
  • Covered Parking
  • Assigned Parking

Additional Features

  • 0.84 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 5522-013-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 21812
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 384.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 24

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5522-013-021
  • Geocode Override: No
  • Lot Size Area: 36587

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.64
  • Number Of Units: 24
  • Rent Control: 100
  • Type Of Units: Apartments

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $7,800,000 -7.1% $358 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $8,395,000 -- $385 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Phil Seymour

    Seller's Agent in 2019

    Phil Seymour

    Keller Williams Studio City

    (310) 775-7529

    11 Total Sales

    Phil Seymour
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 19-439682

The MLS
California Los Angeles County Los Angeles 90004 Larchmont

5012 Clinton St, Los Angeles, CA

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