5420 W Harold Way

    Los Angeles (City), CA 90027
    • $7,275,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 18383378
    UPDATED: 74 min ago
    $7,275,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,640
      SQFT
    • $4,436
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Ratings & Info

    Description

    We are proud to present 5420 Harold Way, an 11-unit, 5-story condo building located on a quiet street in a rapidly transforming pocket of Hollywood, adjacent to Los Feliz and Thai Town. Built in 2008, this impressive architectural Deco style asset offers an investor the opportunity/flexibility to continue to operate the property as an apartment building, or sell-off the condo units individually. The property features a secured intercom entry into a light-filled lobby with polished concrete floors leading to the elevator for access to the units above.There are 2 levels of parking-one subterranean and one ground level, for a total of 25 spaces. There is a well-landscaped side/rear yard which can be converted into a dog run or outdoor common area space, as well as a top floor outdoor community deck with amazing south-facing city views.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T10:26:53.383. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87590324

    5420 W Harold Way Los Angeles (City), CA 90027

    • Price: $7,275,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: 18383378
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,640
    SQFT
    $4,436
    $/SQFT
    2008
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    We are proud to present 5420 Harold Way, an 11-unit, 5-story condo building located on a quiet street in a rapidly transforming pocket of Hollywood, adjacent to Los Feliz and Thai Town. Built in 2008, this impressive architectural Deco style asset offers an investor the opportunity/flexibility to continue to operate the property as an apartment building, or sell-off the condo units individually. The property features a secured intercom entry into a light-filled lobby with polished concrete floors leading to the elevator for access to the units above.There are 2 levels of parking-one subterranean and one ground level, for a total of 25 spaces. There is a well-landscaped side/rear yard which can be converted into a dog run or outdoor common area space, as well as a top floor outdoor community deck with amazing south-facing city views.
    Exterior Features

    Direction Faces North Foundation Details Slab Lot Size Source Assessor Lot Size Units Square Feet Parking Features Subterranean Parking YN Yes

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Flooring Wood Interior Features Elevator Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 3.81 Gross Multiplier 16.42 Gross Operating Income 430146.00 Laundry YN Yes Net Operating Income 277178.00 Security Features Fire Sprinklers Special Listing Conditions Standard Total Expenses 152968.00 Zoning Lar4

    Listing provided courtesy of Matthew R. Kanner of Keller Williams Realty Los Fel.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T10:26:53.383. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604