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5300 Loma Linda Ave
Los Angeles, CA 90027

Multifamily Property For Sale · 10 Units

Investment Highlights

  • 5300 Loma Linda is a 10-unit value add investment opportunity located in prime East Hollywood, near Hollywood Blvd & Western Blvd
  • Ease of management and potentially low utilities cost with separate meters for gas and electric
  • One block to Hollywood Blvd & Western Blvd which Include a Variety of Restaurants, Shops, Entertainment Venues, and Metro Red Line Station
  • Corner Lot 10,678 SqFt R3 zoning with TOC III with vacant Hotel (APN: 5544009001) just south of Subject Property for sale totalling over 25,251 SqFt
  • 9 Parking spaces - No soft story retrofit required. New roof 5 years ago
  • Wedged between Hollywood to the West, Los Feliz to the East, Griffith Park to the North, and Hancock Park/Koreatown to the South.

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.25 AC
Building Size 7,532 SF
Average Occupancy 100%
No. Stories 2
Year Built 1947
Parking Ratio 1.19/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5544-009-008
Land Assessment
$1,893,528
Improvements Assessment
$811,512
Total Assessment
$2,705,040

zoning

Zoning Code R3-1 (R3-1 TOC III)
R3-1 (R3-1 TOC III)
  • Listing ID: 21957476

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: 5300 Loma Linda Ave, Los Angeles, CA 90027

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