5542 Hazeltine Avenue

Sherman Oaks, CA 91401

$1,715,000
Last Sold Price
7
Beds
6
Baths
3,661 Sq. Ft.
$468 / Sq. Ft.
3,661
Sq. Ft.
$468
per Sq. Ft.

Description

We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of one 1+1 unit, four 1+1 w/ Loft units, and one 2+1 SFR. The investment consists of approximately 3,661 of rentable square feet and is situated on an approximately 5,253 square foot parcel. The 2+1 SFR was constructed in 1941, while the five rear 1+1 units were constructed in 1983. Recent property upgrades include, new exterior lighting, new exterior paint, new exterior building...We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of one 1+1 unit, four 1+1 w/ Loft units, and one 2+1 SFR. The investment consists of approximately 3,661 of rentable square feet and is situated on an approximately 5,253 square foot parcel. The 2+1 SFR was constructed in 1941, while the five rear 1+1 units were constructed in 1983. Recent property upgrades include, new exterior lighting, new exterior paint, new exterior building and unit numbers, new parking gates, new surveillance system, and five of the units being recently renovated. The building amenities include on-site parking for six cars and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.
  1. Listed by Griffin White • DRE #02031785 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 5542 Hazeltine Avenue

Zoning
LAR1
Parcel Number
2247008032
Total Units
6.0
Living Area
3661
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Vacancy Rate
2%
Lot Size Area
5253

Location

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Sold By Hot Property Solutions, Cezar Mansour, DRE #01320277

Add your commute
LISTING UPDATED: 08/16/2023 04:53 PM

Property Details for 5542 Hazeltine Avenue

StatusSold
MLS #23-245017
Days on Market122
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.12 AC / 5,253 SF
CountyLos Angeles County

Location

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Sold By Hot Property Solutions, Cezar Mansour, DRE #01320277

Add your commute

Building Information for 5542 Hazeltine Avenue

Stories2Residences-Year Built1941Building Size-Lot Size0.12 AC / 5,253 SF

Payment Calculator

$11,105 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,359

Property Taxes

$1,746

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5542 Hazeltine Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $133,412
  • Net Operating Income: $97,906.00
  • Gross Income: $136,135
  • Cap Rate: 5.68%
  • Gross Rent Multiplier: $12.67
  • Total Annual Expense: 35506
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1206
  • Lot Size Square Feet: 5253
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 6
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-24-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,874.60
  • Unit Actual Rent: $1,874.60
  • Unit Projected Rent: $2,666.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,096.00
  • Unit Actual Rent: $2,096.00
  • Unit Projected Rent: $2,096.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $2,096.00
  • Unit Projected Rent: $2,096.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,664.00
  • Unit Actual Rent: $1,664.00
  • Unit Projected Rent: $2,096.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $2,096.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,060.00
  • Unit Actual Rent: $2,060.00
  • Unit Projected Rent: $2,096.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111

Property History for 5542 Hazeltine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5542 Hazeltine Avenue

Taxable ValueLand$1,003,965Additions$671,284Total$1,675,249
Tax Record2023$20,948 ($1,746 / month)
Home Facts
Total Finished SqFt3,661 SqFtAbove Grade Finished SqFt3,661 SqFtLot Size5,253 SqFtStyleMulti-Family Res (5+ Units)Year Built1941ZoningLAR1CountyLOS ANGELESAPN2247-008-032

Schools near 5542 Hazeltine Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Chandler Elementary
PublicK to 5

Louis D. Armstrong Middle School
Charter6 to 8

Van Nuys Middle School
Public6 to 8

Ulysses S. Grant Senior High School
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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

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.