5122 Raleigh Street

    Los Angeles (City), CA 90004
    • $2,435,000
    • STATUS: Active Under Contract
    • ON SITE: 150 days
    • MLS #: 18378154
    Under Contract
    UPDATED: 42 min ago
    $2,435,000
    • 10
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,200
      SQFT
    • $393
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm.The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-19T13:35:51.12. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.teamwasserman.com/homes/86770096

    5122 Raleigh Street Los Angeles (City), CA 90004

    • Price: $2,435,000
    • Status: Active Under Contract
    • Updated: 42 min ago
    • MLS #: 18378154
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    6,200
    SQFT
    $393
    $/SQFT
    1922
    Built
    Neighborhood:
    Hancock Park-Wilshir
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshir
    Property Description
    I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm.The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.
    Exterior Features

    Carport Or Covered Spaces 2 Pool No Total Other Spaces 0 Total Parking Spaces 2

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 10.00 Cooling Type Air Conditioning Entry Level 0

    Property Features

    Act Total Rent 0.00 Adj Gross Income 164054.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Disclosures Property As Is Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 174528.00 Gross Schedule Inc 0.00 Lot Size Source (Assessor) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 117093.00 Number Of Buildings 5 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Assessor Tax Rate 0.00 Total Annual Op Exp 52361.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Joshua Luchs of Cb Richard Ellis, Inc..
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-19T13:35:51.12. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
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