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5200 Hollywood Blvd, Los Angeles, CA 90027
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5200 Hollywood Blvd Los Angeles, CA 90027

$4,350,000
  • 8 Beds
  • 20 Baths
  • 12,684 Sq.Ft.
For Sale
$4,350,000 Get Pre-Qualified
Map preview of 5200 Hollywood Blvd, Los Angeles, CA 90027

Property Overview: 5200 Hollywood Blvd Los Angeles, CA has 8 bedrooms, 20 bathrooms, 12,684 living square feet and 10,640 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: 5200 Hollywood Blvd is a 20-unit multifamilyinvestment opportunity situated at the corner of Hollywood Blvd and N Kingsley Dr, at the border ofLos Feliz and East Hollywood. This property includes a mix of 12 singles and 8 one-bedroom units,with four singles to be delivered vacant. The renovated units boast new cabinetry, vinyl-plank flooring,stainless-steel appliances, tile bathrooms, new paint, and wall AC units, reflecting a $397k investmentin interior renovations since 2021.Offered at a 5.43% CAP rate and a 10.61 GRM on current income, the property provides an additional10% rental upside potential through continued interior renovations. Additional income streams aresupported by the RUBS system and internet service. The property features a secured, gated entrancewith intercom access and a high Walk Score of 92, with convenient access to the Metro B Rail Line andmultiple Metro Local Lines along Hollywood Blvd.Ideally located, the property offers a short commute to Hollywood, Silver Lake, Echo Park, Koreatown,and Downtown Los Angeles.

Listed by Neema Ahadian | BRE #01346750 | Marcus & Millichap
Last checked: 8 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 96
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Home details

Lot Sq. Ft
10,640
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24406307
City
Los Angeles
County
Los Angeles
Time on Site
99 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,489
  • Total Rent: $17,866
  • Pro Forma/Market Rent: $19,800
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,796
  • Total Rent: $14,369
  • Pro Forma/Market Rent: $16,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.61
  • Gross Scheduled Income: --
  • Net Operating Income: $236,019
  • Gross Operating Income: $389,495
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5200 Hollywood Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 20
  • Parcel Number: 5544016002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located on the corner ofHollywood Blvd & N Kingsley Dr, a central location on theborder of Los Feliz and East Hollywood
View more facts & features

Local Los Angeles Agent

Sale History for 5200 Hollywood Blvd

Last sold for $3,400,000 on August 22nd, 2016

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: 24406307

    $4,350,000

    Price

  • August, 2016

  • Aug 22, 2016

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

  • December, 1996

  • Dec 9, 1996

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

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Tax History for 5200 Hollywood Blvd

Assessed Value (2020): $3,610,775
Year Land Value Improved Value Assessed Value
2020 $2,345,269 $1,265,506 $3,610,775

Home Value Compared to the Market

This property vs the competition

5200 Hollywood Blvd is listed 262.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $342.95 per/sqft which puts the price per square foot 55.52% lower than the median price per square foot for the city of Los Angeles.

About 5200 Hollywood Blvd

Detailed summary of property

5200 Hollywood Blvd is a multi family located in Los Angeles, CA 90027 and is currently for sale. This multi family property offers 8 bedrooms, 20 bathrooms, roughly 12,684 living square feet, and sits on an approximately 10,640 square foot lot. 5200 Hollywood Blvd was first listed on ArdentRealEstateGroup.com on June 21, 2024. The homeowner is currently asking $4,350,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 262.5% higher than the median priced home. Local competing homes currently for sale include 233 N Kenmore Ave, 204 N Manhattan Pl and 811 Kodak Dr. While the average home in Los Angeles, CA is selling in 106 days, 5200 Hollywood Blvd has a days on market of 96 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 5200 Hollywood Blvd Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5200 Hollywood Blvd

Public county record property details
Beds
--
Baths
20
Year built
1913
Sq. Ft.
12,684
Lot Size
10,637
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5544-016-002

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$928
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
83
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Recently Sold Homes Near 5200 Hollywood Blvd

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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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