NOT LISTED FOR SALE

5530 Carlton Way Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $2,832,936 - $2,892,000

10 Beds
9 Baths
5,018 Sq Ft
$570/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $1,695,000 $338 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $17,640/month

53 Days on Market

Highlights

  • 1-Story Property
  • STEM Academy at Bernstein High Rated A-
  • 2-minute walk to Hollywood/Western Station

About This Home

As of June 2016

5530 Carlton Way is part of a 26 Unit Hollywood Portfolio. The Portfolio offers investors an opportunity to purchase three buildings within blocks of each other totaling 26 apartment units. The property addresses are: 1812 Garfield Place (12 units), 5530 Carlton Way (9 units), and 5717 Carlton Way (5 units). The buildings may be purchased together as a portfolio, or on an individual basis. Highlights: Desirable Hollywood Location; Priced Under $214,000 Per Unit; Value-Add Opportunity; Approximately 40% Rental Upside; Walking Distance to Metro Station at Hollywood and Western; Minutes to the Trendy Villages of Los Feliz and Larchmont.

Last Agent to Sell the Property

Adrienne Barr

Berkadia License #01308753 Listed on: 02/18/2016

Last Buyer's Agent

Adrienne Barr

Berkadia License #01308753 Listed on: 02/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,793

Year Built

  • Built in 1922

Lot Details

  • 9,130 Sq Ft Lot

Parking

  • 8 Parking Spaces

Interior Spaces

  • 5,018 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Community Details

  • 3 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5544-024-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,793

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5018
  • 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: 9.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 337.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 550000
  • Assessed Land Value: 700000
  • Assessor Parcel Number: 5544-024-017
  • Geocode Override: No
  • Lot Size Area: 9130

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 9
  • Total Annual Expense: 37375
  • Type Of Units: income
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Sold by
Crystal Point Properties Llc
Bought by
Koloe Llc
Current Estimated Value
$2,858,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,133,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2014
Sold by
Bock Properties Llc
Bought by
Crystal Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bock Louise and Bock Family 1991 Trust
Bought by
Bock Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koloe Llc $1,695,000 North American Title Company
Crystal Point Properties Llc $1,250,012 North American Title Company
Bock Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koloe Llc $1,133,000
Previous Owner Crystal Point Properties Llc $670,000
Previous Owner Crystal Point Properties Llc $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $1,695,000 -90.0% $338 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $16,950,000 -- $3,378 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,793 $2,006,528 $1,304,540 $701,988
2024 $24,793 $1,967,185 $1,278,961 $688,224
2023 $24,325 $1,928,614 $1,253,884 $674,730
2022 $23,221 $1,890,799 $1,229,299 $661,500
2021 $22,930 $1,853,726 $1,205,196 $648,530
2020 $23,158 $1,835,390 $1,192,839 $642,551
2019 $22,262 $1,799,416 $1,169,450 $629,966
2018 $22,077 $1,764,147 $1,146,520 $617,627
2016 $15,987 $1,269,062 $710,675 $558,387
2015 $15,762 $1,250,000 $700,000 $550,000
2014 $2,764 $150,549 $71,548 $79,001
Source: Public Records

Agents Affiliated with this Home

  • Adrienne Barr

    Seller's Agent in 2016

    Adrienne Barr

    Berkadia

    (310) 909-0198

    9 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-982827

The MLS

APN: 5544-024-017

California Los Angeles County Los Angeles 90028 Hollywood

5530 Carlton Way, Los Angeles, CA

This home is located at 5530 Carlton Way, Los Angeles, CA 90028 since 18 February 2016 and is currently estimated at $2,862,468, approximately $570 per square foot. This property was built in 1922. 5530 Carlton Way is a home located in Los Angeles County with nearby schools including Grant Elementary School, Joseph Le Conte Middle School, and Helen Bernstein High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes