NOT LISTED FOR SALE
10 Beds
6 Baths
3,800 Sq Ft
6,504 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $2,125,000 $559 Per Sq Ft

38 Days on Market

About This Home

As of October 2018

The Waring Apartments is a NON-RENT CONTROLLED apartment building situated in the Hollywood rental market. Constructed in 1988, the property is exempt from local rent control regulations. With a unit mix consisting of all two bedrooms, the property presents a stable long term investment opportunity. Of the five apartments, four are two bedrooms with one bathroom and one is a two bedroom with two bathrooms. The property is on a street to alley lot with parking accessed from the rear alley. There are approximately ten parking spaces at the rear of the property. In addition, there is room for approximately two vehicles to park at the front of the property. Utilities are individually metered for gas and electricity. Three units have in-unit laundry. The property is of wood frame and stucco construction and is two stories accessed by exterior doors and a staircase. Three units are on the ground floor and two is on the second floor

Last Agent to Sell the Property

Brent Sprenkle

Berkadia License #01290116 Listed on: 07/13/2018

Last Buyer's Agent

Brent Sprenkle

Berkadia License #01290116 Listed on: 07/13/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,504

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 10 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,504 Sq Ft Lot
  • Central Heating

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5534-033-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3800
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 578.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Water Heaters: Yes

Fee Information

  • Management Expense: 6235.00

Lot Info

  • Assessed Improvement Value: 401372
  • Assessed Land Value: 691839
  • Assessor Parcel Number: 5534-033-008
  • Geocode Override: No
  • Lot Size Area: 6504

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.80
  • Number Of Units: 5
  • Rent Control: 0
  • Total Annual Expense: 47153
  • Type Of Units: Two-Bedrooms
  • Vacancy Rate: 1

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
10/31/2018 10/31/18 Sold $2,125,000 -3.3% $559 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $2,198,000 -- $578 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-369318

The MLS