5110 Harold WAY, Los Angeles, CA 90027
5110 Harold WAY, Los Angeles, CA 90027
5110 Harold WAY, Los Angeles, CA 90027
8
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$6,240,000
Est. payment /mo
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29 Beds
33 Baths
21,122 SqFt
New

5110 Harold WAY Los Angeles, CA 90027

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Jenny Wu

Jenny Wu

+1(909) 569-8888

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 21,122 sqft

Price per Sqft $295

MLS Listing ID 26995777

Bedrooms 29

HOA Y/N No

Year Built 1955

Lot Size 0.411 Acres

Property Description

First time on the market in over 43 years, this 32-unit apartment community is ideally located in prime Hollywood between Hollywood Boulevard and Sunset Boulevard, just blocks from Los Feliz. Built in 1955, the property spans approximately 21,122 square feet on a 17,906 square foot lot and features a secured entrance, 32 individual parking spaces, a spacious central courtyard, and an on-site pool that enhance tenant appeal. Offered at a 6.2% cap rate with approximately 34% rental upside, the asset presents a compelling value-add opportunity. Recent improvements include new windows, a newer roof, and an updated electrical system. Additional upside may be realized through the potential conversion of the existing non-conforming studio into an ADU (buyer to independently verify feasibility and permitting). The property also includes an on-site community laundry facility with three washers and three dryers and benefits from a highly desirable Hollywood location surrounded by popular dining, nightlife, new retail developments, major employment centers, and convenient transportation options.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 32

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5544014015

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Sean Namigohar Lyon Stahl Investment Real Estate, Inc. #01949705

NEARBY SCHOOL & BUSINESS

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Jenny Wu

Jenny Wu

Agent License ID: 01817291

+1(909) 569-8888

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5110 Harold WAY

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