NOT LISTED FOR SALE

6126 Eleanor Ave Los Angeles, CA 90038

Hollywood Neighborhood
18 Beds
21 Baths
12,108 Sq Ft
0.3 Acres

Last Sold January 24, 2019

Last sale price $4,250,000 $351 Per Sq Ft

21 Days on Market

About This Home

As of January 2019

Built in 1959, this 21-unit property is located on 12,977 SF lot in the Central Hollywood neighborhood. The two-story building features studios, one-bedrooms, and a bachelor/light housekeeping unit.This offering presents an investor the opportunity to capture the 24% rental upside through renovations when the units turn. Three of the units will be delivered vacant at the close of escrow. Additionally, the subject property has 26 total parking spaces with soft-story work completed (contact agent for details). The property is being offered at a 13.51 GRM on current income.The Central Hollywood neighborhood continues to grow at a rapid pace and attracts high-end residents with the unparalleled access to employment opportunities and entertainment amenities. The subject property has a walk score of 91 and the location allows for a quick commute to both Hollywood and Downtown Los Angeles.

Last Agent to Sell the Property

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 11/14/2018

Last Buyer's Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 11/14/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.3

Interior Spaces

  • 12,108 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 21 Bathrooms

Parking

  • 26 Parking Spaces
  • Tandem Parking

Additional Features

  • 0.3 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 21 Units

Listing and Financial Details

  • Assessor Parcel Number 5534-024-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 12108
  • Price Per Unit: 202381.00
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 21.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 351.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 26

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5534-024-027
  • Geocode Override: No
  • Lot Size Area: 12976

Rental Info

  • Total Actual Rent: 26101.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.51
  • Number Of Units: 21
  • Total Annual Expense: 113514
  • Type Of Units: Apartment
  • Vacancy Rate: 14.29

Tax Info

  • Tax Percent: 1.19
  • Tax Rate Year: 2018

Range of Values:

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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
01/24/2019 01/24/19 Sold $4,250,000 0.0% $351 / Sq Ft
11/14/2018 11/14/18 For Sale $4,250,000 -- $351 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Neema Ahadian

    Marcus & Millichap

    (213) 943-1800

    5 in this area

    88 Total Sales

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Map

Source: The MLS

MLS Number: 18-412646

The MLS

California Los Angeles County Los Angeles 90038 Hollywood

6126 Eleanor Ave, Los Angeles, CA

This home is located at 6126 Eleanor Ave, Los Angeles, CA 90038 since 14 November 2018. This property was built in 1959. 6126 Eleanor Ave is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hollywood Elementary School, and Hubert Howe Bancroft Middle School.

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