Colt Maloney
Figure 8 Realty
(213) 513-7683
63 Total Sales
1 in Larchmont
$2,600,000 Price
5115 Clinton St Los Angeles, CA 90004
Larchmont Neighborhood
3
Beds
3
Baths
5,393
Sq Ft
6,098
Sq Ft Lot
About This Home
As of August 2022FIXER - SEE THE ATTACHED OFFERING MEMORANDUM. 7 apartments in the entertainment capital of the world - Hollywood. Desirable to professionals, artists and families, it is ideally situated in a densely populated submarket near the 101 and in close proximity to a number of amenities. With rents well below market and at $306/SF, 5115 Clinton's value add opportunity is awaiting your investor’s creative touch. HIGH UPSIDE with rents 38% below market, increase 2X-3X by renovating. VALUE ADD POTENTIAL to increase CAP from current 3.82% to market 4.31%. NEW(ER) DEVELOPMENT throughout the immediate area. RE-DESIGN FLOORPLAN possibilities as the building has a raised foundation. ON-SITE AMENITIES include 7 gated parking spaces with 3 covered, laundry room, and storage lockers. SITE INFO: 7 units built in 1962 totaling 5,393 SF on a 6,268 SF lot: 4 - 2 BR/1.5 BA; 2 - 1 BR/1 BA; 1 - 0 BD/1 BA studio; 10 BR / 11 BA total (per assessor).
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01038321 Listed on: 06/24/2022
Last Buyer's Agent
Jonathan Rawson
Datashare CLAW Default Office Don't Delete License #02010400
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Property Details
Home Type
- Multi-Family
Lot Details
- 6,098
Home Design
Interior Spaces
- 3 Bedrooms
- 5,393 Sq Ft Home
- 2-Story Property
Parking
- 7 Parking Spaces
- 3 Carport Spaces
- Parking Available
Additional Features
- Wood Fence
- Number of ADU Units: 4
Community Details
Overview
- 7 Units
Building Details
- 7 Leased Units
- Operating Expense $27,216
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 16, 2026
Sold by
Bought by
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 19, 2022
Sold by
Bought by
Seller's Agent
David Rivera
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jonathan Rawson
Datashare CLAW Default Office Don't Delete
List Price
$1,999,995
Sold Price
$1,500,000
Premium/Discount to List
-$499,995
-25%
Purchase Details
Closed on
Mar 27, 2009
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Larchmont, CA
-
Colt Maloney
-
Alyse Livingston
Alyse Livingston
Compass
(424) 246-2353
26 Total Sales
2 in Larchmont
$2.1M - $2.6M Price Range
-
Cynthia Perez Brown
Cynthia Perez Brown
Sotheby's International Realty
(424) 367-1611
23 Total Sales
1 in Larchmont
$1,110,000 Price
-
Dennis Chernov
Dennis Chernov
Equity Union
(626) 657-2705
467 Total Sales
1 in Larchmont
$3,500,000 Price
-
Guy Miracle
Guy Miracle
Sotheby's International Realty
(323) 894-9002
36 Total Sales
1 in Larchmont
$1,750,000 Price
-
Michael Khorshidi
Michael Khorshidi
Compass
(424) 336-0183
40 Total Sales
1 in Larchmont
$1,330,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,420,000 | Commonwealth Title | ||
| $1,500,000 | Lawyers Title | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,515,000 | ||
| Previous Owner | $400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $1,500,000 | -9.1% | $278 / Sq Ft |
| 07/29/2022 07/29/22 | Price Changed | $1,650,000 | -8.3% | $306 / Sq Ft |
| 07/20/2022 07/20/22 | Price Changed | $1,799,995 | -10.0% | $334 / Sq Ft |
| 06/24/2022 06/24/22 | For Sale | $1,999,995 | -- | $371 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,715 | $1,560,600 | $1,248,480 | $312,120 |
| 2024 | $19,461 | $1,530,000 | $1,224,000 | $306,000 |
| 2023 | $19,100 | $1,500,000 | $1,200,000 | $300,000 |
| 2022 | $6,834 | $491,627 | $206,405 | $285,222 |
| 2021 | $6,725 | $481,988 | $202,358 | $279,630 |
| 2019 | $6,547 | $468,329 | $196,357 | $271,972 |
| 2018 | $6,418 | $459,159 | $192,507 | $266,652 |
| 2016 | $6,060 | $440,721 | $185,033 | $255,688 |
| 2015 | $5,982 | $434,102 | $182,254 | $251,848 |
| 2014 | $6,048 | $425,599 | $178,684 | $246,915 |
Source: Public Records
Agents Affiliated with this Home
-
David Rivera
D
Seller's Agent in 2022
David Rivera
Berkshire Hathaway HomeServices California Properties
(619) 549-1810
1 in this area
23 Total Sales
-
J
Buyer's Agent in 2022
Jonathan Rawson
Datashare CLAW Default Office Don't Delete
Map
Source: San Diego MLS
MLS Number: 220016243
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