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5525 Harold Way, Los Angeles, CA 90028
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5525 Harold Way Los Angeles, CA 90028

$4,235,000 Sold Price as of 11/09/2023
  • 0 Beds
  • 20 Baths
  • 6,932 Sq.Ft.
Sold
$4,235,000 Sold Price as of 11/09/2023 Refinance Your Mortgage
Map preview of 5525 Harold Way, Los Angeles, CA 90028

Property Overview: 5525 Harold Way Los Angeles, CA has -- bedrooms, 20 bathrooms, 6,932 living square feet and 10,036 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Each apartment has been thoughtfully redesigned with a modern, clean aesthetic. The open floor plan gives plenty of sunny living space with large windows. The spacious units feature new wood floors throughout, chef-style kitchens, stainless steel appliances, modern cabinetry, and private patios for select units. The property offers controlled access, keyless door entry systems, private patios for selected units, private common outdoor space, and on-site laundry facilities. In addition, there are nine on-site parking spaces, a rarity for studio apartments.

Listed by Mark Ventre | BRE #01811490 | Kidder Mathews of California, Inc.
Last checked: 4 minutes ago | Last updated: November 13th, 2023 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
10,036
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23289339
City
Los Angeles
County
Los Angeles
Time on Site
436 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Electric Meters: 20
Unit Breakdown 1
  • # of Units: 20
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,636
  • Total Rent: $32,710
  • Pro Forma/Market Rent: $1,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.89%
  • Gross Rent Multiplier: 11.17
  • Gross Scheduled Income: --
  • Net Operating Income: $268,109
  • Gross Operating Income: $391,778
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5525 Harold Way

Interior Features
Cooling Information
  • No Cooling
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Card/Code Access, Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Parking Space, Shared Driveway, Side by Side
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 20
  • Parcel Number: 5544024026
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Two blocks south of Hollywood Blvd and half a block west of Western Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5525 Harold Way

Last sold for $4,235,000 on November 9th, 2023

  • November, 2023

  • Nov 9, 2023

    Date

    Sold

    CRMLS: 23289339

    $4,235,000

    Price

  • Jul 11, 2023

    Date

    Active

    CRMLS: 23289339

    $4,550,000

    Price

  • October, 2023

  • Oct 2, 2023

    Date

    Expired

    CRMLS: 23256379

    $4,845,000

    Price

  • Apr 1, 2023

    Date

    Active

    CRMLS: 23256379

    $4,845,000

    Price

  • Listing provided courtesy of CRMLS

    Twenty renovated studios, nine of which are fully furnished, providing an opportunity to furnish the remaining 11 units and increase rents for both the newly and existing furnished units as they turn, capturing the ten percent upside in rental income. The spacious units feature modern wood floors throughout, chef-style kitchens, stainless steel appliances, modern cabinetry, and private patios for select units. The property offers controlled access, building-wide Wi-Fi, keyless door entry systems, private patios for selected units, private common outdoor space, and on-site laundry facilities. Located two blocks from the Hollywood/Western Metro, the property scores a 91 "Walkers Paradise" on Walkscore.

  • September, 2021

  • Sep 29, 2021

    Date

    Active

    CRMLS: 21789112

    $6,230,000

    Price

  • Listing provided courtesy of CRMLS

    We proudly present Harold's House, a private boutique community featuring fully remodeled Studio apartments with open floor plans and modern finishes. The spacious units feature modern wood floors throughout, chef-style kitchen, stainless steel appliances, modern cabinetry, and private patios in select units. Harold's House provides privacy, security, and a curated Hollywood lifestyle. Located in the heart of Hollywood, the property is steps away from some of LAs top dinning, shopping, hiking, and nightlife options. A short commute to Netflix, Viacom, and the Hollywood Studios makes getting to work a breeze for tenants. The building is zoned for multifamily and hospitality, which allows Buyer to operate short term rentals.

  • June, 2018

  • Jun 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $4,115,000

    Price

  • March, 2018

  • Mar 30, 2018

    Date

    Expired

    CRMLS: 18308826

    $4,250,000

    Price

  • Mar 30, 2018

    Date

    Active

    CRMLS: 18308826

    $4,250,000

    Price

  • Mar 29, 2018

    Date

    Pending

    CRMLS: 18308826

    $4,250,000

    Price

  • Mar 23, 2018

    Date

    Active

    CRMLS: 18308826

    $4,250,000

    Price

  • Mar 9, 2018

    Date

    Pending

    CRMLS: 18308826

    $4,250,000

    Price

  • Feb 6, 2018

    Date

    Active

    CRMLS: 18308826

    $4,250,000

    Price

  • Feb 1, 2018

    Date

    Canceled

    CRMLS: 18308826

    $4,250,000

    Price

  • Jan 31, 2018

    Date

    Hold

    CRMLS: 18308826

    $4,250,000

    Price

  • Jan 31, 2018

    Date

    Active

    CRMLS: 18308826

    $4,250,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2017

  • Dec 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,000,000

    Price

Show More

Tax History for 5525 Harold Way

Assessed Value (2020): $4,281,246
Year Land Value Improved Value Assessed Value
2020 $2,980,746 $1,300,500 $4,281,246

Home Value Compared to the Market

This property vs the competition

5525 Harold Way sold on November 9, 2023 for 306.25% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $656.38 per/sqft which puts the price per square foot 9.34% lower than the current median sale per square foot for the city of Los Angeles.

About 5525 Harold Way

Detailed summary of property

5525 Harold Way is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered -- bedrooms, 20 bathrooms, roughly 6,932 living square feet, and sits on an approximately 10,036 square foot lot. 5525 Harold Way was first listed on ArdentRealEstateGroup.com on July 11, 2023. The homeowner sold the property for $4,235,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 306.25% higher than the current median priced home. Local homes that are currently for sale include 1542 N Hoover St, 4212 Lockwood Ave and 233 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 5525 Harold Way has a days on market of 73 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5525 Harold Way Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5525 Harold Way

Public county record property details
Beds
11
Baths
20
Year built
1950
Sq. Ft.
6,932
Lot Size
10,081
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5544-024-026

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$695
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$728
Total Inventory
51
Median Sale to List Price %
101.5%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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5532 Harold Way, Los Angeles, CA 90028
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5532 Harold Way
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5542 Harold Way, Los Angeles, CA 90028
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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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