5700 Clemson Street Los Angeles, CA $ 3,750,000
5700 Clemson Street
$ 3,750,000
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5700 Clemson Street

Los Angeles, CA, 90016
$ 3,750,000
Baths0.0 Sq 6,604

Monthly Estimate*

$ 24,924

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,750,000. This 6,604 square foot home was built in 1948 on a lot size of 0.41.

RTI plans to add another seven units to the existing renovated 8-unit apartment building on a large lot with parking. There is also an option for fractional ownership. Currently, there are four 2-bed 1-Bath and four 1-bed 1-Bath units. Six of those eight units were taken to the studs and completely renovated with new double-pane Milgard windows, copper plumbing, electrical wiring, mini-split-system HVAC, wine coolers, and other high-end finishes. Sellers have RTI plans to add 3 townhouse-style units and add 4 townhouse-style ADUs. All units will be 2 beds + 2.5 baths with spacious floor plans (+/- 1,250 SF), rooftop decks, and private yards. The property is on a quiet tree-lined street in a quickly developing Culver City adjacent neighborhood project. It is within two blocks of the La Cienega/Jefferson Light Rail Metro Station that connects Downtown Los Angeles and Santa Monica. The property is within a 5-minute walk to Target and Whole Foods Market. There are multiple transformational development projects within a few blocks of numerous major employers within a 1.5-mile radius. Call for more details.

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Multi-Family Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.41

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023312819

Features
General
Interior Features Ceiling Fan(s)
Heating Heat Pump Central Zoned
Cooling Central Air Electric Dual
Possession Close of Escrow
Roof Shingle Composition
Zoning LARD1.5
Architectural Style Contemporary
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Year Built 1948
Tenant Pays Electricity Trash Collection Cable TV Gas
View Hills City Lights
Levels Two One
Accessibility Other
County Los Angeles
Net Operating Income 168000.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area PHHT - Park Hills Heights
Lot Size Square Feet 17996.0
Street Name Clemson
Property Condition Updated/Remodeled
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Laminate
Kitchen Appliances Dishwasher Disposal Gas Oven Gas Cooktop Microwave Oven Refrigerator
Fireplace Features Electric
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows
Fireplace Y/N Yes
Street Suffix Street
Laundry Features Stackable Inside Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features None Driveway Down Slope From Street Detached Carport
Lot Size Area 17996.0
Foundation Details Raised
Building Area Total 6604.0
Lot Size Acres 0.41
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Mark Farhad Yusupov

Listing Agent

Keller Williams Beverly Hills

Broker

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$24,924
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2023$3,750,000 Listed Price

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5700 Clemson Street, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $3,750,000 with 6,604 sqft and a lot size of 0.41. 5700 Clemson Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 90016 which is in Los Angeles, CA