Leonardo Laterza of Marcus & Millichap, as the exclusive listing agent, is proud to present a prime multifamily investment opportunity at 4325-4327 Clinton St, located just south of Melrose Ave and north of Rosewood Ave in one of the most desirable pockets of Los Angeles. This corner-lot property spans 7,823 SF, offering easy access to the 101 Freeway and is strategically positioned between Alexandria Ave and Kenmore Ave. The building consists of eight well-maintained one-bedroom, one bathroom units spread over two levels, featuring eight single parking spaces and two additional tandem spaces. Ground-level corner units offer private, spacious patios and come with two designated parking spaces each—an added value for residents seeking outdoor living.
The property has undergone extensive interior renovations across all units, showcasing high-end finishes designed to enhance tenant experience and drive rental demand. Three of the units boast full remodels, including brand-new kitchen cabinets, quartz countertops, modern backsplashes, new flooring, upgraded travertine tiles in kitchens and bathrooms, new bathroom vanities, fresh paint, updated light fixtures, and new AC and heating units. The remaining five units have received partial upgrades, including new kitchen cabinets, granite countertops, fresh paint, updated light fixtures, new flooring, tile in kitchens and bathrooms, and new AC and heating units, offering a mix of updated interiors that appeal to a wide range of tenants.
Significant capital improvements further increase the property’s value, including all new windows and doors throughout. The property also features an on-site laundry facility with one washer and one dryer, and each unit is individually metered for gas and electricity, maximizing operational efficiency.
This offering represents a rare opportunity to acquire a well-positioned, stabilized asset with strong in-place cash flow, evidenced by a 5.40% CAP rate. Additionally, there is a 10% rental upside potential, achievable as units turn over and further renovations are implemented, providing the next owner with proven value-add potential.
With a Walk Score of 80, the property benefits from a highly accessible location. Major freeways such as the 101 and CA-60 are nearby, and key employment hubs like LA City College, Kaiser Permanente, Wilshire State Bank, Netflix, Paramount Studios, and YMCA Korea Town. Located one mile from Vermont/Beverly Metrolink station, this location offers convenient transit options, making this location ideal for commuters traveling to Downtown LA, Hollywood and Santa Monica. The property’s position within the thriving Pomona market makes it an excellent long-term investment.
