5122 Raleigh Street

Sold 11/2/18

Sold

Last Sold Price

$2,332,500

10 beds10 baths6,200 sqft

5122 Raleigh St, Los Angeles, CA 90004

Multi FamilyProperty Type

0.29 acresLot Size

1922Year Built

$376/sq ftPrice per sq ft

2 carsParking Spaces

Description

I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm. The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location...I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm. The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.

Listed by: Joshua Luchs DRE #01845545 Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Listing closed: 11/02/2018 12:00 AM • Source: CLAW, MLS#: 18-378154

Recent comparable sales

Median sold price

$2,300,000

Avg days on market

Sale-to-list ratio

95.1%

a view of a brick building next to a yard

1/3

$2,710,000

Sold 12/19/25

10
Bedrooms: 10
Bathrooms: 5,468
Square Feet: 0.15
Acres

6007 Barton Avenue, Los Angeles, CA 90038

1/3

$2,450,000

Sold 06/30/25

10
Bedrooms: 10
Bathrooms: 5,344
Square Feet: 0.14
Acres

1229 South Kingsley Drive, Los Angeles, CA 90006

1/18

$2,420,000

Sold 01/30/26

10
Bedrooms: 11
Bathrooms: 5,393
Square Feet: 0.14
Acres

5115 Clinton Street, Unit 1, Los Angeles, CA 90004

1/41

$2,025,000

Sold 01/09/26

9
Bedrooms: 10
Bathrooms: 5,992
Square Feet: 0.16
Acres

753 North Hudson Avenue, Los Angeles, CA 90038

1/2

$2,450,000

Sold 09/30/25

11
Bedrooms: 10
Bathrooms: 6,533
Square Feet: 0.26
Acres

1254 North Orange Drive, Los Angeles, CA 90038

1/2

$2,300,000

Sold 10/21/25

10
Bedrooms: 10
Bathrooms: 6,190
Square Feet: 0.15
Acres

432 South Sherbourne Drive, Los Angeles, CA 90048

1/12

$1,900,000

Sold 10/06/25

10
Bedrooms: 10
Bathrooms: 5,758
Square Feet: 0.16
Acres

1441 South Hayworth Avenue, Los Angeles, CA 90035

1/2

$2,100,000

Sold 04/10/26

11
Bedrooms: 10
Bathrooms: 7,130
Square Feet: 0.19
Acres

4730 Franklin Avenue, Los Angeles, CA 90027

1/13

$1,475,000

Sold 06/01/26

10
Bedrooms: 10
Bathrooms: 8,353
Square Feet: 0.17
Acres

5830 La Mirada Avenue, Los Angeles, CA 90038

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Location

Listing Courtesy of CB Richard Ellis, Inc., Joshua Luchs, DRE #01845545

Sold By CB Richard Ellis, Inc., Joshua Luchs, DRE #01845545

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$15,152 per month

30 year fixed, 7.03% Interest

Principal and Interest

$12,452

Property Taxes

$2,700

HOA Dues

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Property Information for 5122 Raleigh Street

Property Details

MLS Type: Residential Income
County: Los Angeles County
Zoning: LAR3
Parcel Number: 5522006001
Total Units: 10.0
Living Area: 6200
Source Living Area: Assessor
Area: Hancock Park (HPK)
Vacancy Rate: 5074
Lot Size Area: 12420
Source Lot Size Area: Assessor
Assessor Parcel Number: 5522-006-001
Directions: South of Melrose just west of Western

Building Information

Stories: 1
Year Built: 1922
Lot Size: 0.29 AC / 12,420 SF

Community / Development

Number Of Units: 10

Structure Info

Number Of Stories: 1
Number Of Buildings: 5

Type Of Units: 1+1

Contract Info

Disclosures: As Is
Listing Type: Exclusive Agency

Service Level: Full Service

Income & Expenses Information

Scheduled Actual: Scheduled
Gross Operating Income: $174,528

Net Operating Income: $117,093.00
Gross Income: $164,054
Cap Rate: 4.83%
Gross Rent Multiplier: $13.89
Total Annual Expense: 52361

Land / Lot Info

Additional Parcel Number: No
Lot Size Square Feet: 12420

Geocode Override: 0.0

Parking Details

Parking Garage: Garage - 2 Car
Total Parking: 2

Covered Parking: 2
Parking Features: Garage - Two Door

Interior Features

Den: No
Family Room: 0

Dining Room: 0
Cooling Type: Air Conditioning
Heating Type: Wall Gas
Equipment: Other
Laundry: See Remarks

Exterior Features

Pool: No
Tennis: No

Lease Terms

Entry Date: 08-21-2018

Unit Details

Unit 1 Information

Unit Beds: 1
Unit Baths: 1

Unit Furnished: No
Unit Rent: $1,409.00
Unit Actual Rent: $14,094.00
Unit Projected Rent: $17,500.00
Like Units: 10

Unit Details

Unit Type Type: 2106

Tax and Assessed Info

Assessed Improvement Value: $519,908.00
Assessed Land Value: $954,935.00

Property History for 5122 Raleigh Street

Date	Event & Source	Price	Appreciation
Nov 2, 2018	Sold CRMLS #18378154	$2,332,500	—
Nov 2, 2018	Sold CLAW #18-378154	$2,332,500	—
Sep 6, 2018	Sold (Public Record) Public Record #633489144	$2,332,500	+9.5% / yr
Aug 21, 2018	Pending CLAW #18-378154		—
Aug 21, 2018	Pending CRMLS #18378154		—
Aug 15, 2018	Listed (Active) CLAW #18-378154	$2,435,000	—
Aug 15, 2018	Listed (Active) CRMLS #18378154	$2,435,000	—
Dec 18, 2012	Sold (Public Record) Public Record #344005979	$1,390,000	—

Date	Event & Source	Price
11/02/2018	Sold CRMLS #18378154	$2,332,500
11/02/2018	Sold CLAW #18-378154	$2,332,500
09/06/2018	Sold (Public Record) Public Record #633489144	$2,332,500 +9.5% / yr
08/21/2018	Pending CLAW #18-378154	—
08/21/2018	Pending CRMLS #18378154	—
08/15/2018	Listed (Active) CLAW #18-378154	$2,435,000
08/15/2018	Listed (Active) CRMLS #18378154	$2,435,000
12/18/2012	Sold (Public Record) Public Record #344005979	$1,390,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5122 Raleigh Street

Taxable ValueLand$1,592,958Additions$1,061,023Total$2,653,981

Tax Record2025$32,395 ($2,700 / month)

Home Facts

Baths10Total Finished SqFt6,200 SqFtAbove Grade Finished SqFt6,200 SqFtLot Size12,420 SqFtStyleMulti-Family Dwelling (2-4)Year Built1922Year Renovated1922ZoningLAR3CountyLOS ANGELESAPN5522-006-001

Schools near 5122 Raleigh Street

This home is within Los Angeles Unified School District.


Rating	School	Type	Grades	Distance
4/10	Van Ness Avenue Elementary School	Public - Serves this home	K to 5	0.2 mi
3/10	Joseph Le Conte Middle School	Public - Serves this home	6 to 8	0.9 mi
5/10	Fairfax Senior High School	Public - Serves this home	9 to 12	2.6 mi
2/10	Richard A. Alonzo Community Day School	Public - Nearby school	7 to 12	0.9 mi
1/10	Apex Academy	Charter - Choice school	7 to 12	0.9 mi
8/10	Citizens of the World Charter School Hollywood	Charter - Choice school	K to 5	0.9 mi
NR	Christ The King Elementary School	Private - Nearby school	K to 8	0.7 mi
NR	Enopi Academy	Private - Nearby school	PK to 6	0.8 mi
NR	St. Brendan	Private - Nearby school	K to 8	0.9 mi


Rating	School	Distance
4/10	Van Ness Avenue Elementary School PublicK to 5 Serves this home	0.2 mi
3/10	Joseph Le Conte Middle School Public6 to 8 Serves this home	0.9 mi
5/10	Fairfax Senior High School Public9 to 12 Serves this home	2.6 mi
2/10	Richard A. Alonzo Community Day School Public7 to 12 Nearby school	0.9 mi
1/10	Apex Academy Charter7 to 12 Choice school	0.9 mi
8/10	Citizens of the World Charter School Hollywood CharterK to 5 Choice school	0.9 mi
NR	Christ The King Elementary School PrivateK to 8 Nearby school	0.7 mi
NR	Enopi Academy PrivatePK to 6 Nearby school	0.8 mi
NR	St. Brendan PrivateK to 8 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5122 Raleigh Street, Los Angeles, CA 90004	$2,332,500	10	10	6,200	12,420
5131 La Vista Court, Los Angeles, CA 90004	$740,000	2	1	528	1,562
5130 Raleigh Street, Los Angeles, CA 90004	$820,000	2	1	760	1,562
5133 La Vista Court, Los Angeles, CA 90004	$640,000	2	1	697	1,562
5132 Raleigh Street, Los Angeles, CA 90004	–	1	1	648	1,562
5134 Raleigh Street, Los Angeles, CA 90004	$900,000	–	5	2,599	6,221
5123 Clinton Street, Unit 5, Los Angeles, CA 90004	$350,000	2	2	1,882	6,229
5123 Clinton Street, Los Angeles, CA 90004	$1,743,000	4	5	4,217	6,213
5115 Clinton Street, Los Angeles, CA 90004	$1,500,000	3	3	5,393	6,272
5115 Clinton Street, Unit 1, Los Angeles, CA 90004	$2,420,000	10	11	5,393	6,270
5131 Clinton Street, Los Angeles, CA 90004	–	–	12	7,093	6,253
5151 Raleigh Street, Los Angeles, CA 90004	–	1	1	686	1,575
5127 Clinton Street, Los Angeles, CA 90004	$650,000	4	4	3,500	6,229
5115 Raleigh Street, Los Angeles, CA 90004	–	–	4	2,500	6,211
5153 Raleigh Street, Los Angeles, CA 90004	–	–	–	–	1,575

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Joshua Luchs, DRE #01845545

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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