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5017 Institute Pl #4, Los Angeles, CA 90029
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5017 Institute Pl #4 Los Angeles, CA 90029

$2,900,000
  • 8 Beds
  • 0 Baths
  • 8,080 Sq.Ft.
For Sale
$2,900,000 Get Pre-Qualified
Map preview of 5017 Institute Pl #4, Los Angeles, CA 90029

Property Overview: 5017 Institute Pl #4 Los Angeles, CA has 8 bedrooms, -- bathrooms, 8,080 living square feet and 5,746 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: MULTIFUL 8 UNIT APT! LOCATION!! LOCATION!! Beautiful 1 bedroom, 1 bathroom, 8-unit apartment located in East Hollywood. Each home has hardwood floors, new/or newer painted rooms, high ceilings, new/or newer cabinets, bright natural light and separate kitchen. Sizes and conditions vary from unit to unit. Several units are equipped with window air conditioning, and several units have central air conditioning. Some units can create individual laundry room. Some units have an additional room that can be used as an office. Street parking is possible with a city permit. The apartment is conveniently located in Hollywood, 101 FWY, Griffith Park, Griffith Observatory, Universal Studio, LA Zoo, Hollywood, Downtown, Korea town, China town, Little Tokyo Japanese village, coin laundry, markets, convenience stores, car centers, offices, pharmacies, hospitals, and restaurants. Many artists live in this area. Must See!

Listed by Jenny Jung | BRE #01850519 | T.N.G. Real Estate Consultants
Last checked: 2 minutes ago | Last updated: November 26th, 2023 | Source CRMLS | DOM: 569
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Home details

Lot Sq. Ft
5,746
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
TR22195659
City
Los Angeles
County
Los Angeles
Time on Site
597 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,699
  • Total Rent: $1,699
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,799
  • Total Rent: $1,799
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $4,600
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,645
  • Total Rent: $1,645
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $325
  • Gas/Fuel: $115
  • Trash: $261
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $100

Open Houses for 5017 Institute Pl #4

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Property Details for 5017 Institute Pl #4

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Bath, Kitchen, Primary Bedroom
Room Information
  • Flooring: Wood
  • All Bedrooms Down, All Bedrooms Up, Center Hall, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, See Remarks
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: See Remarks
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: See Remarks
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5535019009
  • Year Built Source: See Remarks
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Other
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, See Remarks, Sewer Available
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Take exit 6B from US-101 N, Continue on Melrose Ave. Drive to Institute Pl
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5017 Institute Pl #4

Last leased for $1,900 on September 30th, 2022

  • September, 2022

  • Sep 30, 2022

    Date

    Leased

    CRMLS: TR22201481

    $1,900

    Price

  • Sep 14, 2022

    Date

    Active

    CRMLS: TR22201481

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 1-bedroom 1-bathroom/950 sqft apartment located in east Hollywood. This upstairs unit features original hard wood floors, rooms with newer paint, high ceilings, lots of bright natural lights, and a separate dining room. The bedroom includes two closets and a bathroom with a tub and shower. New air conditioner is in the bedroom. The apartment is conveniently located near the 101 FWY, a coin laundry, and many restaurants and shops. NO ANIMALS, NO SMOKING is allowed. MUST SEE!!!

  • September, 2022

  • Sep 7, 2022

    Date

    Active

    CRMLS: TR22195659

    $3,200,000

    Price

  • November, 2021

  • Nov 2, 2021

    Date

    Active

    CRMLS: TR21240499

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! Beautiful 1-bedroom 1-bathroom/950 sqft apartment located in east Hollywood. This downstairs unit features original hard wood floors, rooms with high ceilings, lots of bright natural lights, and a separate dining room. The bedroom includes two closets and a bathroom with a tub and shower. Street parking is available with a permit. The apartment is conveniently located near the 101 FWY, a coin laundry, and many restaurants and shops. This is a private property. NO ANIMALS, NO SMOKING is allowed. MUST SEE!!!

  • August, 2021

  • Aug 19, 2021

    Date

    Active

    CRMLS: TR21183834

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 12, 2021

    Date

    Active

    CRMLS: TR21177903

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 1-bedroom 1-bathroom/950 sqft apartment located in east Hollywood. This downstairs unit features original hard wood floors, rooms with new paint, new cabinet in the kitchen, high ceilings, lots of bright natural lights, and a separate dining room. The bedroom includes two closets and a bathroom with a tub and shower. Street parking is available with a permit. The apartment is conveniently located near the 101 FWY, a coin laundry, and many restaurants and shops. NO ANIMALS, NO SMOKING is allowed. MUST SEE!!!

  • June, 2021

  • Jun 4, 2021

    Date

    Leased

    CRMLS: TR21113967

    $1,795

    Price

  • May 27, 2021

    Date

    Active

    CRMLS: TR21113967

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 1-bedroom 1-bathroom/950 sqft apartment located in east Hollywood. This downstairs unit features original hard wood floors, rooms with new paint, high ceilings, lots of bright natural lights, and a separate dining room. The bedroom includes two closets and a bathroom with a tub and shower. Street parking is available with a permit. The apartment is conveniently located near the 101 FWY, a coin laundry, and many restaurants and shops. This is a private property with authorized persons only. NO ANIMALS, NO SMOKING is allowed. MUST SEE!!!

  • May, 2021

  • May 24, 2021

    Date

    Canceled

    CRMLS: TR21108943

    $1,795

    Price

  • May 22, 2021

    Date

    Active

    CRMLS: TR21108943

    $1,795

    Price

  • May 22, 2021

    Date

    Hold

    CRMLS: TR21108943

    $1,795

    Price

  • May 21, 2021

    Date

    Active

    CRMLS: TR21108943

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 1-bedroom 1-bathroom/950 sqft apartment located in east Hollywood. This downstairs unit features original hard wood floors, rooms with new paint, high ceilings, lots of bright natural lights, and a separate dining room. The bedroom includes two closets and a bathroom with a tub and shower. Street parking is available with a permit. The apartment is conveniently located near the 101 FWY, a coin laundry, and many restaurants and shops. This is a private property with authorized persons only. NO ANIMALS, NO SMOKING is allowed. MUST SEE!!!

  • October, 2016

  • Oct 12, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5017 Institute Pl #4

Assessed Value (2020): $1,698,492
Year Land Value Improved Value Assessed Value
2020 $1,018,759 $679,733 $1,698,492

Home Value Compared to the Market

This property vs the competition

5017 Institute Pl #4 is listed 132.19% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $358.91 per/sqft which puts the price per square foot 53.51% lower than the median price per square foot for the city of Los Angeles.

About 5017 Institute Pl #4

Detailed summary of property

5017 Institute Pl #4 is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 8 bedrooms, -- bathrooms, roughly 8,080 living square feet, and sits on an approximately 5,746 square foot lot. 5017 Institute Pl #4 was first listed on ArdentRealEstateGroup.com on September 7, 2022. The homeowner is currently asking $2,900,000 and was originally asking $3,200,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 132.19% higher than the median priced home. Local competing homes currently for sale include 542 N Kenmore Ave, 1425 N Normandie Ave and 1610 Hobart. While the average home in Los Angeles, CA is selling in 97 days, 5017 Institute Pl #4 has a days on market of 569 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5017 Institute Pl #4 Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5017 Institute Pl #4

Public county record property details
Beds
8
Baths
8
Year built
1932
Sq. Ft.
8,080
Lot Size
5,746
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5535-019-009

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$817
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
27
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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