5200 Hollywood Boulevard,  Los Angeles  (90027)

$4,350,000

0 bedrooms 0   20 bathrooms 20   12684 square feet 12,684
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Listed By: Neema Ahadian of Marcus & Millichap

PROPERTY DETAILS

Address: view address
Los Angeles, CA 90027
Map Location
Features: Multi-level
Bathrooms:20Square Feet:12,684 sq.ft.
Lot Size:10640.0Year Built:1913
Property Type:Multi FamilyCounty:Los Angeles
Zoning:LAC2List Date:2024-06-20
Listing Number:24406307Listed By:Marcus & Millichap

PROPERTY DESCRIPTION

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.

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Interior

Cooling & Heating

Cooling features:NoneHeating features:None
Heating:Yes

Exterior

Parking

Parking features:None

Property and Lot Details

Fee

Special Listing Conditions:Standard

Building Information

Year Built:1913Levels:Two
Stories:2

Lot

Lot Dimensions:10640.0Zoning:LAC2

Construction

Building Area total:12684.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Neema Ahadian of Marcus & Millichap