5440 Harold Way - Apartments FOR SALE


Los Angeles, CA 90027- Thai Town
$2,150,000 USD
707-332-5204
5440 Harold Way, Los Angeles, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/18
null | 5.31% Cap Rate

5440 Harold Way
Los Angeles, CA 90027
Thai Town


HIGHLIGHTS

  • 10-unit multifamily asset in a prime East Hollywood location
  • Significant upside in rents and one unit delivered vacant at close of escrow
  • Brand-new electrical system throughout building
  • Secure, gated property offering controlled access
  • Convenient onsite laundry room for tenants
  • Positioned near schools, shopping, LA City College, and the Metro Red Line with central access to Silver Lake, Hollywood, Los Feliz, and DTLA

OVERVIEW

Presenting an exceptional opportunity to acquire a 10-unit multifamily asset ideally positioned in the heart of East Hollywood, one of Los Angeles' most dynamic and high-demand rental corridors. This secure, gated property offers controlled access, complemented by a brand-new electrical system throughout the building and a convenient onsite laundry room. With one unit delivered vacant at close of escrow, investors can immediately capitalize on significant upside in rents, making this an outstanding value-add play in a market with proven rental demand. Situated near top schools, shopping destinations, LA City College, and the Metro Red Line, the property provides residents with seamless connectivity to Silver Lake, Hollywood, Los Feliz, and Downtown Los Angeles, ensuring enduring tenant appeal and long-term investment performance.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

10

PRICE/UNIT

$215,000

CAP RATE

5.31%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,003 SF

ZONING

R4, Los Angeles

APN/PARCEL ID

5544-022-049

ASK ABOUT THIS PROPERTY

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707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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