NOT LISTED FOR SALE

5122 Raleigh St Los Angeles, CA 90004

Larchmont Neighborhood
10 Beds
10 Baths
6,200 Sq Ft
0.29 Acres

Last Sold November 02, 2018

Last sale price $2,332,500 $376 Per Sq Ft

6 Days on Market

Highlights

  • 12,420 Sq Ft lot
  • Air Conditioning
  • 1-Story Property

About This Home

As of November 2018

I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm.The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.

Last Agent to Sell the Property

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 08/15/2018

Last Buyer's Agent

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 08/15/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 6,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5522-006-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6200
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 10.00
  • Den: 0
  • Price Per S Q F T: 392.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 519908
  • Assessed Land Value: 954935
  • Assessor Parcel Number: 5522-006-001
  • Geocode Override: No
  • Lot Size Area: 12420

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.89
  • Number Of Units: 10
  • Total Annual Expense: 52361
  • Type Of Units: 1+1
  • Vacancy Rate: 5074

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $2,332,500 -4.2% $376 / Sq Ft
08/15/2018 08/15/18 For Sale $2,435,000 -- $393 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joshua Luchs

    Seller's Agent in 2018

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    8 Total Sales

    Joshua Luchs
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Map

Source: The MLS

MLS Number: 18-378154

The MLS
California Los Angeles County Los Angeles 90004 Larchmont

5122 Raleigh St, Los Angeles, CA

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