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5817 Willoughby Ave

Los Angeles, CA 90038
  • $1,988,000
  • STATUS: Active
  • ON SITE: 90 days
  • MLS #: 21-709708
UPDATED: 28 min ago
$1,988,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,350
    SQFT
  • $457
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

Description

Attention all developers and investors. Great opportunity to own a piece of Hollywood. Located next to the Studios in the desirable part of Hollywood.This bungalow style apartment building consist of three separate buildings plus five detached garages with the alley access. 6 one bedroom,one bath and 2 singles, one bath units are separately metered for gas and electricity and have separate water heaters. Building is well maintained, most of the occupants are long time tenants. Does not fall under soft-story retrofit city ordinance. Sold as is with no credit or repairs.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-23T12:43:03.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/115428338
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5817 Willoughby Ave Los Angeles, CA 90038

  • Price: $1,988,000
  • Status: Active
  • Updated: 28 min ago
  • MLS #: 21-709708
8
Beds
0
Baths
0
½ Baths
0.15
Acres
4,350
SQFT
$457
$/SQFT
1927
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
Attention all developers and investors. Great opportunity to own a piece of Hollywood. Located next to the Studios in the desirable part of Hollywood.This bungalow style apartment building consist of three separate buildings plus five detached garages with the alley access. 6 one bedroom,one bath and 2 singles, one bath units are separately metered for gas and electricity and have separate water heaters. Building is well maintained, most of the occupants are long time tenants. Does not fall under soft-story retrofit city ordinance. Sold as is with no credit or repairs.
Exterior Features

Levels Two Lot Location Alley AccessNear Public Transit Lot Size Area 6472 Other Structures None Parking Garage Garage Is Detached Style California Bungalow Total Parking 5 Water Frontage None

Interior Features

Baths Total 8.00 Cooling Wall/Window Equipment None Fireplace Rooms None Heating Natural Gas Water Heater Features Gas

Property Features

Alley YN Yes Assessed Total Value 1827840 Electric Expense 2000.00 Gardener Expense 900.00 Gross Income 101040 Gross Operating Income 101040 Insurance Expense 2800.00 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Maintenance Expense 1600.00 Net Operating Income 86640.00 Number Of Buildings 3 Number Of Units 8 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S) Sewer In Street Paid Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 14400 Trash Expense 2953.00 Type Of Units Appartments Water Public Water Expense 4150.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Ellen Urman DRE#01291855 of Nelson Shelton Real Estate Era Powered.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-23T12:43:03.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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