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5432 Harold Way, Los Angeles, CA 90027
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5432 Harold Way Los Angeles, CA 90027

$1,600,000 Sold Price as of 07/20/2020
  • 7 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$1,600,000 Sold Price as of 07/20/2020 Refinance Your Mortgage
Map preview of 5432 Harold Way, Los Angeles, CA 90027

Property Overview: 5432 Harold Way Los Angeles, CA has 7 bedrooms, 5 bathrooms, -- living square feet and 9,294 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a five (5) unit apartment building located at 5432 Harold Way in Los Angeles, California. The subject property is situated in Hollywood, north of Sunset Boulevard and east of Western Avenue.The property is positioned in an opportunity zone on 9,294 square feet of land and 4,896 square feet of building area. The building contains a good unit mix of four (4) one-bedroom / one-bathroom units and one (1) three-bedroom / one-and-a-half bathroom home. The units are relatively large approximately 900 SF for the one-bedroom units and 1,300 SF for the three-bedroom home. The property features a [Q]R4-2 zoned lot, which allows the development of 11 units by right plus a Tier 3 TOC density bonus of 70% for the potential development of 20 units. The propertys location contains a walk score of 88 with dominant access to some of Los Angeles most popular commercial and entertainment corridors.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
9,294
HOA Dues
$0/mo
Year built
1919
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
20591236
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.68
  • Gross Scheduled Income: --
  • Net Operating Income: $78,115
  • Gross Operating Income: $113,490
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5432 Harold Way

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5544022045
Location / Neighborhood
Location Information
  • Directions: The subject property is situated in Hollywood, north of Sunset Boulevard and east of Western Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 5432 Harold Way

Last sold on December 17th, 2020

  • December, 2020

  • Dec 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2020

  • Oct 26, 2020

    Date

    Leased

    CRMLS: 20649162

    $1,999

    Price

  • Oct 20, 2020

    Date

    Active

    CRMLS: 20649162

    $1,999

    Price

  • Listing provided courtesy of CRMLS

    BE THE FIRST ONE TO LIVE IN THIS RENOVATED UNIT! STUNNING AND HUGE one bedroom, one bathroom + A LARGE DEN! THIS UNIT HAS IT ALL! ALL appliances are brand new. The kitchen has a dishwasher, fridge/freezer, microwave, oven/stove and storage space. This open layout features brand new appliances, hardwood floors throughout, quartz countertops, lots of closet space and a beautiful modern bathroom. The unit has lots of natural light in addition to a spacious living room and den! The building has so much charm and a gorgeous outdoor area for tenants to enjoy! PICTURES MAY BE OF A SIMILAR UNIT IN THE BUILDING

  • July, 2020

  • Jul 23, 2020

    Date

    Sold

    CRMLS: 20591236

    $1,600,000

    Price

  • Jun 23, 2020

    Date

    Pending

    CRMLS: 20591236

    $1,600,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: 20591236

    $1,600,000

    Price

  • July, 2020

  • Jul 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,600,000

    Price

Show More

Tax History for 5432 Harold Way

Assessed Value (2020): $323,771
Year Land Value Improved Value Assessed Value
2020 $137,773 $185,998 $323,771

Home Value Compared to the Market

This property vs the competition

5432 Harold Way sold on July 20, 2020 for 34.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5432 Harold Way

Detailed summary of property

5432 Harold Way is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 7 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately 9,294 square foot lot. 5432 Harold Way was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.45% higher than the current median priced home. Local homes that are currently for sale include 5324 Monroe St, 847 Ridgewood Pl and 810 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 93 days, 5432 Harold Way has a days on market of 8 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5432 Harold Way 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 5432 Harold Way

Public county record property details
Beds
6
Baths
5
Year built
1919
Sq. Ft.
4,896
Lot Size
9,294
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5544-022-045

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
$2,390,000
Median List Price/Sq.Ft.
$928
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
85
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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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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