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Image 1 - 5200 Hollywood Blvd, Los Angeles, California, 90027 - House for sale
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Hollywood Blvd, Los Angeles, Home For Sale
5200 Hollywood Blvd, Los Angeles, California, 90027

Hollywood Blvd, Los Angeles, Home For Sale

house for sale
Listed: 06/25/24

5200 Hollywood Blvd, Los Angeles, California, 90027

Studio Bed:
20 Bath:
12,684 Sq Ft Living Area:
Save
Price
$ 4,35M

About This House

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 a10.61 GRMon 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 …  Full description

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Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.