NOT LISTED FOR SALE

5532 Harold Way Los Angeles, CA 90028

Hollywood Neighborhood
19 Beds
21 Baths
13,170 Sq Ft
0.3 Acres

Last Sold January 14, 2022

Last sale price $4,025,000 $306 Per Sq Ft

78 Days on Market

Highlights

  • 0.3 Acre Lot
  • 4-minute walk to Hollywood/Western Station
  • 18 Car Garage
  • STEM Academy at Bernstein High Rated A-
  • Midcentury Modern Architecture
  • Gated Home

About This Home

As of January 2022

The Starlight Apartments, at 5532 Harold Way, are located in the highly sought-after Hollywood neighborhood of Los Angeles. Built in 1961, the property offers renters a highly-competitive unit mix of 14 One Bedrooms, and 5 Two-Bedroom units across 13,170 gross square feet of improvements and 12,901 square feet of land. The property has been thoughtfully maintained in near-original condition and presents new ownership with the opportunity to capture significant upside in rents through unit renovations and common area enhancements showcasing modern design elements. Located in the northeast edge of the Hollywood neighborhood, bordering Los Feliz and East Hollywood, The Starlight Apartments offer tenants immediate access to a broad selection of world-class dining, entertainment and shopping destinations easily accessible by walking or a short drive. Retailers within walking distance include: Target, Chase Bank, Starbucks, Ralphs Supermarket and Petco. Within 0.5 miles of the property is the headquarters of Netflix, Sunset Bronson Studios, Emerson College and KTLA 5. Starlight Apartments is less than a 3-minute walk to the nearby Red Line Metro Station at the corner of Hollywood Blvd. and Western Ave. The property is in the Qualified Opportunity Zone

Last Agent to Sell the Property

Adam Zunder

Iconic Investments License #01821053 Listed on: 10/28/2021

Co-Listed By

Peter Strauss

Iconic Investments License #01335696

Last Buyer's Agent

Adam Zunder

Iconic Investments License #01821053 Listed on: 10/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Gated Home

Parking

  • 18 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 13,170 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 21 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 19 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5544-023-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 13170
  • Lot Acreage: 0.2962
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 19
  • Total Bathrooms: 21.00
  • Price Per S Q F T: 326.50

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 18

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Window Unit(s), Wall Unit(s)
  • Heating: Wall
  • Security: Gated
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 73.33
  • Assessed Improvement Value: 316085
  • Assessed Land Percent: 26.67
  • Assessed Land Value: 114984
  • Total Assessed Value: 431069
  • Assessor Parcel Number: 5544-023-019
  • Lot Size Area: 12901

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.27
  • Number Of Units: 19
  • Total Annual Expense: 144999
  • Type Of Units: Apartments
  • Vacancy Rate: 0

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 Change Sq Ft Price
01/14/2022 01/14/22 Sold $4,025,000 -6.4% $306 / Sq Ft
12/08/2021 12/08/21 Price Changed $4,300,000 -5.7% $326 / Sq Ft
10/28/2021 10/28/21 For Sale $4,560,000 +26.3% $346 / Sq Ft
12/09/2020 12/09/20 Sold $3,610,000 -12.0% $274 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $4,100,000 -- $311 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Zunder

    Seller's Agent in 2022

    Adam Zunder

    Iconic Investments

    (818) 554-5560

    3 in this area

    39 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Peter Strauss

    Iconic Investments

    Section Image

  • R

    Buyer's Agent in 2020

    Rose Li

See All Agents

Map

Source: The MLS

MLS Number: 21-102721

The MLS

California Los Angeles County Los Angeles 90028 Hollywood

5532 Harold Way, Los Angeles, CA

This home is located at 5532 Harold Way, Los Angeles, CA 90028 since 28 October 2021. This property was built in 1961. 5532 Harold 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.

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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.
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