Loft-Style Residential Income
For Sale
Contact for pricing
Pending
5159 Clinton Street, Los Angeles, CA 90004
Los Angeles, CA
Property Size400 SF
Lot Size0.04 Acres
Days on Market704
Property Features for 5159 Clinton Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
LAR3
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Laundry Room, Bathroom 1, Bedroom 1
Parking
1
Pets allowed
Dogs OK, Cats OK
Lot features
0-1 Unit/ Acre
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
Corner of Van Ness & Clinton
Subdivision
C20 - Hollywood
Standard status
Pending
APN
5522005007
Size
400 SF
Lot size
0.04 Acres
Utilities
Sewer type
Public Sewer
Cooling system
ENERGY STAR Qualified Equipment
Water source
Public
Amenities
loft-style layout
wrap-around balcony
white quartz island
stainless-steel appliances
washer and dryer hookups
walk-in closet
Building Details
Year built
1916
Floors in Building
1
Number of units
1
Listing Agency:
Homesmart Evergreen Realty · HomeSmart International
(818) 812-5990
Listed By:
Linda Mendoza Razo · License #02014425
(510) 927-6588
Added: Nov 15, 2024
Changed: Oct 10
Last Checked: Oct 20 at 8:06PM
MLS# SR24235254
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 400-square-foot residential income property has a loft-style, one-bedroom layout with a spiral staircase leading to the upstairs bedroom. The interior includes a minimalist living area, a kitchen with a white quartz island and stainless-steel appliances, a walk-in closet, and washer and dryer hookups. A private one-car garage and wrap-around balcony provide additional features. The property was built in 1916 and has LAR3 zoning.
Located on Clinton Street in Los Angeles, the property is across from Paramount Studios and near Larchmont Village, Hollywood Forever, Griffith Observatory, Hollywood Boulevard, Sunset Boulevard, and Downtown Los Angeles. Public water and sewer serve the property, and the cooling system uses ENERGY STAR Qualified Equipment.
Located on Clinton Street in Los Angeles, the property is across from Paramount Studios and near Larchmont Village, Hollywood Forever, Griffith Observatory, Hollywood Boulevard, Sunset Boulevard, and Downtown Los Angeles. Public water and sewer serve the property, and the cooling system uses ENERGY STAR Qualified Equipment.
Key Highlights
- 400‑square‑foot property on a 0.0356‑acre lot
- One‑bedroom loft‑style layout with spiral staircase
- Private 1‑car garage and wrap‑around balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$495,022
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,900,440
$9.9M
Cap Rate 7%
$7,071,743
$7.1M
Cap Rate 9%
$5,500,244
$5.5M
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$906.4K $2,265.96/SF
− Vacancy
−$6.3K −$15.86/SF
EGI
$900.0K $2,250.10/SF
− OpEx
−$405.0K −$1,012.54/SF
NOI
$495.0K $1,237.55/SF
Area
Los Angeles, CA
Vacancy
0.70%
Lease Rate
$2,265.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,900,440
Cap Rate 7%
$7,071,743
Cap Rate 9%
$5,500,244
Alternative Uses
Best Use
Apartment 5plus
$7.07M
$6.19M – $8.25M
NOI $495,022 @ 7.0% cap · market cap 24,813.13%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.10M
$7.09M – $9.45M
NOI $567,263 @ 7.0% cap · market cap 28,434.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,460
Businesses Nearby
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - A private one-car garage and wrap-around balcony complement the one-bedroom layout.
Where is this residential income property located?
The property is located at 5159 Clinton Street Los Angeles, CA.
What are key features of this property?
This property features: 400‑square‑foot property on a 0.0356‑acre lot; One‑bedroom loft‑style layout with spiral staircase; Private 1‑car garage and wrap‑around balcony
