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    5731 Carlton Way

    Los Angeles, CA 90028
    • $2,750,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20-596368
    UPDATED: 3 min ago
    $2,750,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,458
      SQFT
    • $795
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    BRC Advisors - BH is pleased to offer this 10-unit "bungalow-style" apartment property in a prime part of Hollywood, just south of Hollywood Blvd. RECENTLY RENOVATED in 2019/2020, the property consists of all studio units and has undergone significant modernization to seven of the units as well as the common areas and exterior. The units have 2 separate entrances and separate hot water heaters. There is parking in the rear of the property accessible from an alley entering thru Wilton Place and there is also a laundry facility onsite for the tenants to utilize. This is a great opportunity to acquire a gorgeous property and add value via the remaining 3 non-renovated units upon their turnover. The property which is arguably nicer than some of the "new construction" buildings in the area (see photos), is 100% occupied and sits on a large 8,750 square foot lot.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-08T21:43:51.853. 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.corrieluxuryhomes.com/homes/107283497
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    5731 Carlton Way Los Angeles, CA 90028

    • Price: $2,750,000
    • Status: Active
    • Updated: 3 min ago
    • ID#: 20-596368
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,458
    SQFT
    $795
    $/SQFT
    1923
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    BRC Advisors - BH is pleased to offer this 10-unit "bungalow-style" apartment property in a prime part of Hollywood, just south of Hollywood Blvd. RECENTLY RENOVATED in 2019/2020, the property consists of all studio units and has undergone significant modernization to seven of the units as well as the common areas and exterior. The units have 2 separate entrances and separate hot water heaters. There is parking in the rear of the property accessible from an alley entering thru Wilton Place and there is also a laundry facility onsite for the tenants to utilize. This is a great opportunity to acquire a gorgeous property and add value via the remaining 3 non-renovated units upon their turnover. The property which is arguably nicer than some of the "new construction" buildings in the area (see photos), is 100% occupied and sits on a large 8,750 square foot lot.
    Exterior Features

    Lot Size Area 8750 Other Structures None Parking Garage None Total Parking 5

    Interior Features

    Baths Total 10.00 Cooking Appliances None Cooling None Equipment None Heating None Laundry Other

    Property Features

    Assessed Total Value 324175 Gross Income 16042 Gross Operating Income 160042 Like Units1 10 Net Operating Income 100303.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 54973 Type Of Units Studios Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Ardy Ishal DRE#01769601 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-08T21:43:51.853. 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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