5200 Hollywood Boulevard
Los Angeles, CA, 90027
$4,350,000
Beds
0 Baths
SqFt
0.24 Acres
Add
5200 Hollywood Blvd is a 20-unit multifamilyinvestment opportunity situated at the corner of Hollywood Blvd and N Kingsley Dr, at the border ofLos Feliz and East Hollywood. This property includes a mix of 12 singles and 8 one-bedroom units,with four singles to be delivered vacant. The renovated units boast new cabinetry, vinyl-plank flooring,stainless-steel appliances, tile bathrooms, new paint, and wall AC units, reflecting a $397k investmentin interior renovations since 2021.Offered at a 5.43% CAP rate and a 10.61 GRM on current income, the property provides an additional10% rental upside potential through continued interior renovations. Additional income streams aresupported by the RUBS system and internet service. The property features a secured, gated entrancewith intercom access and a high Walk Score of 92, with convenient access to the Metro B Rail Line andmultiple Metro Local Lines along Hollywood Blvd.Ideally located, the property offers a short commute to Hollywood, Silver Lake, Echo Park, Koreatown,and Downtown Los Angeles.

Property Details

Price:
$4,350,000
MLS #:
24406307
Status:
Active
Baths:
0
Address:
5200 Hollywood Boulevard
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jun 17, 2024
State:
CA
ZIP:
90027
Lot Size:
10,640 sqft / 0.24 acres (approx)
Year Built:
1913
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
None
Heating
None

Exterior

Parking Features
None
Parking Spots
0.00
Stories Total
2

Financial

Map

Community

Similar Listings Nearby

5200 Hollywood Boulevard
Los Angeles, CA