$2,495,000

Estimated payment $15,984/month

Total Views 983
5 Beds
5 Baths
5,262 Sq Ft
$474 Price per Sq Ft

Highlights

  • No HOA
  • STEM Academy at Bernstein High Rated A-
  • Laundry Room

About This Home

Don’t miss this amazing 6 unit apartment property offering strong rental potential in one of LA's most iconic neighborhoods. Spanning 5,262 square feet, the building features a mix of four spacious 1 bedroom/1 bath units and two generous 2 bedroom/2 bath units, perfect for attracting a variety of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking steady income in a high-demand area, this Hollywood gem offers long term value and upside potential. Located near studios, shopping, transit, and the vibrant energy of Hollywood, this is a rare opportunity to own multifamily in a prime location!

Listing Agent

Haik Bokhchalian

JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01325511 Listed on: 07/15/2025

JohnHart Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1924

Lot Details

  • 6,733 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 5,262 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 1917
  • Assessor Parcel Number 5535002018
  • $1,105 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 7 Separate Water Meters
  • Electric Expense $1,200
  • Fuel Expense $300
  • Insurance Expense $2,500
  • Trash Expense $1,200
  • Water Sewer Expense $2,300
  • Operating Expense $7,500
  • Gross Income $121,116
  • Net Operating Income $143,616

Property Details

Home Type

Apartment

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Price Per Unit: 415833
  • Property Attached: No
  • Water Sewer Expenses: 2300.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5535002018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: steps
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 474.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6733.00
  • Lot Size Acres: 0.1546

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 300.00
  • Gross Income: 121116.00
  • Gross Scheduled Income: 151116.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6733.0000 Square Feet
  • Net Operating Income: 143616.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 6
  • Operating Expense: 7500.00
  • Rent Control: Yes
  • Total Expenses: 7500.00
  • Vacancy Allowance: 2500

Tax Info

  • Tax Census Tract: 1917.10
  • Tax Lot: 43
  • Tax Tract Number: 1917
  • TaxOtherAnnualAssessmentAmount: 1105.00

Map

Range of Values:

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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
07/15/2025 07/15/25 For Sale $2,495,000 -- $474 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25158547

California Regional Multiple Listing Service (CRMLS)