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7471 Hollywood Blvd, Los Angeles, CA 90046
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7471 Hollywood Blvd Los Angeles, CA 90046

$3,845,000 Sold Price as of 07/10/2020
  • 14 Beds
  • 10 Baths
  • -- Sq.Ft.
Sold
$3,845,000 Sold Price as of 07/10/2020 Refinance Your Mortgage
Map preview of 7471 Hollywood Blvd, Los Angeles, CA 90046

Property Overview: 7471 Hollywood Blvd Los Angeles, CA has 14 bedrooms, 10 bathrooms, -- living square feet and 9,241 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Impeccably maintained, 10 unit property in very desirable, high rental demand area of Hollywood. West of LaBrea, east of Fairfax. Minutes to Sunset Strip, Hollywood/ Highland and Runyon Canyon. Beautifully updated building and large spacious units. 9 out of the 10 unit been completely redone, with beautiful hardwood wood floors, new cabinetry, fixtures and appliances. All units have central heating and air. Individually metered for gas and electric. Still some upside in rent on pro forma. Very easy to manage.

Listed by Jessica Barouch | BRE #01379495 | Keller Williams Studio City
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
9,241
HOA Dues
$0/mo
Year built
1950
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
20572642
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,433
  • Total Rent: $9,734
  • Pro Forma/Market Rent: $11,180
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,015
  • Total Rent: $12,090
  • Pro Forma/Market Rent: $13,770
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: --
  • Net Operating Income: $161,344
  • Gross Operating Income: $254,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 7471 Hollywood Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Intercom
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Gated
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 10
  • Parcel Number: 5550002001
  • Architectural Style: Cape Cod
Location / Neighborhood
Location Information
  • Directions: Corner of Hollywood and N Gardner. West of LaBrea, east of Fairfax. Minutes to Sunset Strip, Hollywood/ Highland and Runyon Canyon
View more facts & features

Local Los Angeles Agent

Sale History for 7471 Hollywood Blvd

Last sold for $3,845,000 on July 10th, 2020

  • July, 2020

  • Jul 15, 2020

    Date

    Sold

    CRMLS: 20572642

    $3,845,000

    Price

  • Jun 14, 2020

    Date

    Active Under Contract

    CRMLS: 20572642

    $4,150,000

    Price

  • May 26, 2020

    Date

    Price Change

    CRMLS: 20572642

    $4,150,000

    Price

  • May 6, 2020

    Date

    Price Change

    CRMLS: 20572642

    $4,250,000

    Price

  • Apr 22, 2020

    Date

    Active

    CRMLS: 20572642

    $4,500,000

    Price

  • July, 2020

  • Jul 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,845,000

    Price

  • December, 2012

  • Dec 31, 2012

    Date

    Sold (Public Records)

    Public Records

    $2,725,027

    Price

Show More

Tax History for 7471 Hollywood Blvd

Assessed Value (2020): $3,068,600
Year Land Value Improved Value Assessed Value
2020 $1,829,721 $1,238,879 $3,068,600

Home Value Compared to the Market

This property vs the competition

7471 Hollywood Blvd sold on July 10, 2020 for 248.74% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 7471 Hollywood Blvd

Detailed summary of property

7471 Hollywood Blvd is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 14 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 9,241 square foot lot. 7471 Hollywood Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,845,000. 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 248.74% higher than the current median priced home. Local homes that are currently for sale include 1400 N. Hobart Blvd, 204 N Manhattan Pl and 204 N Manhattan Pl. While the average home in Los Angeles, CA is selling in 93 days, 7471 Hollywood Blvd has a days on market of 51 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 7471 Hollywood Blvd Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7471 Hollywood Blvd

Public county record property details
Beds
14
Baths
10
Year built
1950
Sq. Ft.
9,258
Lot Size
9,240
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5550-002-001

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,965,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
231
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

Thinking of Selling?

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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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