$1,345,000
PENDING $250K PRICE DROP

5335 Harmony Ave Los Angeles, CA 91601

North Hollywood Neighborhood

Estimated payment $8,371/month

Total Views 3,890
1 Bed
2 Baths
2,297 Sq Ft
$586 Price per Sq Ft

About This Home

We are proud to represent this 8 unit property in North Hollywood. The property was constructed in 1955. Its unit mix consists of (4) studio units and (4) 1+1 units. With a lot size of 7,514 square feet, the property has a total of 2,297 rentable square feet. North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.

Listing Agent

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 03/20/2025

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,599 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 2,297 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 162
  • Tax Tract Number 1253
  • Assessor Parcel Number 2416008016
  • $911 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Valley

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Insurance Expense $6,798
  • Trash Expense $3,472
  • Water Sewer Expense $9,953
  • Operating Expense $48,748
  • Gross Income $154,656
  • Net Operating Income $101,268

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 9953.00
  • Zoning: LAMR1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2416008016
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 585.55

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3472.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7599.00
  • Lot Size Acres: 0.1744

Multi Family

  • Gross Income: 154656.00
  • Gross Multiplier: 8.70
  • Gross Scheduled Income: 154656.00
  • Insurance Expense: 6798.00
  • Lot Size Area: 7599.0000 Square Feet
  • Net Operating Income: 101268.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 48748.00
  • Rent Control: Yes
  • Total Expenses: 48748.00

Tax Info

  • Tax Census Tract: 1253.21
  • Tax Lot: 162
  • Tax Tract Number: 1253.21
  • TaxOtherAnnualAssessmentAmount: 911.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
11/13/2025 11/13/25 Pending -- -- --
09/08/2025 09/08/25 Price Changed $1,345,000 -3.6% $586 / Sq Ft
08/25/2025 08/25/25 Price Changed $1,395,000 0.0% $607 / Sq Ft
08/25/2025 08/25/25 For Sale $1,395,000 -12.5% $607 / Sq Ft
07/01/2025 07/01/25 Off Market $1,595,000 -- --
03/20/2025 03/20/25 For Sale $1,595,000 -- $694 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25061271

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 91601 North Hollywood

5335 Harmony Ave, Los Angeles, CA

Pending

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Cindy Hill
Listing Agent
Cindy Hill
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Equity Union
(747) 302-3554