5111 Harold Way
5111 Harold Way
$4,000,000
16
20
11,490
11,490
$348
Sold 9/28/22
Description
5111 Harold Way is 11,490 square foot property situated on a 8,973 square foot LARD1.5 zoned lot. The property is made up of seventeen (17) units, with a great unit mix of four (4) studio units, ten (10) one bedroom & one bathroom units, and three (3) two bedroom & two bathroom units. Each unit is separately metered for gas & electricity. There are fifteen (15) parking spaces rented separately, copper plumbing throughout, one (1) hot water heater, and the seismic retrofit work has been completed....5111 Harold Way is 11,490 square foot property situated on a 8,973 square foot LARD1.5 zoned lot. The property is made up of seventeen (17) units, with a great unit mix of four (4) studio units, ten (10) one bedroom & one bathroom units, and three (3) two bedroom & two bathroom units. Each unit is separately metered for gas & electricity. There are fifteen (15) parking spaces rented separately, copper plumbing throughout, one (1) hot water heater, and the seismic retrofit work has been completed. Moreover, there is storage space and a common laundry room with card operated machines, allowing for additional streams of income. Four (4) units will be delivered vacant at the close of escrow. The property is located near the very desirable Los Feliz neighborhood, between Sunset Blvd. & HollywoodBlvd, with very easy access to the 101 Freeway. This location is deemed a "Walker's Paradise" with a score of 92 out of 100, as most daily errands can be accomplished by foot. Within close proximity, you have the Greek Theater & Griffith Park. Minutes away you have employers like Kaiser Permanente Hospital, Hollywood Presbyterian Hospital, the Childrens Hospital of Los Angeles, Netflix, KTLA, LACC, and the Hollywood Studios. Tenants and owners alike are attracted to the area because of all the local bars, restaurants, and shopping in the immediate vicinity, all while having easy access to major employment hubs such as DTLA, Koreatown, and Hollywood. Some of the most popular nearby spots include Lolo Wine Bar & Restaurant, Jitalda Restaurant, Tabula Rasa Bar, Cara Hotel, and Barnsdall Arts Park. 5111 Harold Way is an excellent opportunity for an investor to acquire a day-one cash-flowing property in prime location. All tenants are paying their rents and four units will be delivered vacant at close of escrow! The subject property is located in the City of Los Angeles and is subject to rent control.
- Listed by Nicole Apostolos • DRE #01464936 • Brokerage DRE #01342342 • Equity Union
Property Details for 5111 Harold Way
Zoning
LARD1.5
Parcel Number5544013007
Total Units17.0
Living Area11490
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate4
Lot Size Area8973
Location
LISTING UPDATED: 09/30/2022 09:57 AM
Property Details for 5111 Harold Way
Status | Sold |
---|---|
MLS # | 22-164071 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.21 AC / 8,973 SF |
County | Los Angeles County |
Location
Building Information for 5111 Harold Way
Stories3Residences-Year Built1964Building Size-Lot Size0.21 AC / 8,973 SF
Payment Calculator
$25,973 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5111 Harold Way
Property History for 5111 Harold Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5111 Harold Way
Taxable ValueLand$2,500,000Additions$1,501,920Total$4,001,920
Tax Record2023$49,716 ($4,143 / month)
Home Facts
Total Finished SqFt11,490 SqFtAbove Grade Finished SqFt11,490 SqFtLot Size8,973 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLARD1.5CountyLOS ANGELESAPN5544-013-007
Schools near 5111 Harold Way
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Grant Elementary School PublicK to 6 | ||
Apex Academy Charter7 to 12 | ||
Helen Bernstein High School Public9 to 12 | ||
STEM Academy at Bernstein High Public9 to 12 |
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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