NOT LISTED FOR SALE
12 Beds
17 Baths
6,800 Sq Ft
6,501 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $3,830,000 $563 Per Sq Ft

19 Days on Market

Highlights

  • Gated Parking
  • Side by Side Parking
  • 10 Car Garage
  • Built-In Features
  • Central Heating and Cooling System

About This Home

As of October 2019

Built and completed in 2016, this 5 unit townhouse style apartment complex is located in Hollywood near Larchmont Village. Each unit has a spacious tri-level layout and comes with its own private garage and rooftop deck overlooking the city with fantastic views. Every unit also has stainless steel appliances, quartz countertops, laundry in unit and a very open floor plan. Situated in a prime location near many of the major film and production studios and walking distance to Larchmont Village, this property has more potential upside for rental income. All units are individually metered for electricity, gas, and water, for minimal expense for the owner! Property also has the potential to sell units individually as Tenants in Common or Condos! Buyer and Buyer's agent to verify all information. Seller(s) are real estate licensed. Property subject to 1031 exchange at no cost to the Buyer.

Last Agent to Sell the Property

Jason Kim

The Agency License #02007887 Listed on: 08/15/2019

The Agency

Co-Listed By

Jeremy Kim

Dream Realty & Investments Inc License #02045187

Last Buyer's Agent

Ori Harpaz

Compass License #01872553

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 6,501

Interior Spaces

  • 6,800 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 17 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Garage
  • Side by Side Parking
  • Gated Parking

Additional Features

  • 6,501 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5534-025-021

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6800
  • Stories: 3
  • Year Built: 2016
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 17.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 587.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached, Gated, Private Garage, Side By Side
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 704718
  • Assessed Land Value: 723526
  • Assessor Parcel Number: 5534-025-021
  • Geocode Override: No
  • Lot Size Area: 6501

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.63
  • Number Of Units: 5
  • Total Annual Expense: 69505
  • Type Of Units: Townhome Apt
  • 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
10/04/2019 10/04/19 Sold $3,830,000 -4.1% $563 / Sq Ft
09/03/2019 09/03/19 For Sale $3,995,000 +4.3% $588 / Sq Ft
09/02/2019 09/02/19 Off Market $3,830,000 -- --
08/15/2019 08/15/19 For Sale $3,995,000 0.0% $588 / Sq Ft
04/01/2016 04/01/16 Rented $3,950 0.0% --
03/25/2016 03/25/16 Under Contract -- -- --
02/02/2016 02/02/16 For Rent $3,950 -- --
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: 19-500184

The MLS

APN: 5534-025-021