5131 CLINTON ST

Marcus & Millichap is pleased to present a 12-unit apartment building located at 5131 Clinton Street in the highly desirable Hollywood neighborhood of Los Angeles, California, just south of Melrose Avenue and east of Van Ness Avenue. Built by the Seller’s family, this multifamily property offers an exceptional investment opportunity with approximately 85% potential rental upside and a diverse unit mix comprising two studios, one guest unit, seven one-bedroom apartments, and two two-bedroom apartments. The property features a completed soft-story retrofit and a copper re-pipe completed in 2005. On-site amenities include laundry facilities, five rear tuck-under parking spaces, and one open parking space at the front, with potential opportunities to convert the tuck-under parking area into accessory dwelling units (ADUs), subject to feasibility and necessary approvals. Residents benefit from convenient access to the 101 Freeway and major commercial corridors along Melrose, Santa Monica, Western, and Beverly Boulevards. Popular nearby destinations include Larchmont Village, Lemon Grove Recreation Center, and Hollywood’s diverse selection of restaurants, shops, and entertainment venues. With approximately 85% potential rental growth, completed seismic retrofit work, and additional value creation opportunities through potential ADU conversions, the property presents a compelling value-add investment opportunity in prime Hollywood.