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5336 Monroe St
Los Angeles, CA 90038

Multifamily Property For Sale · 8 Units

Investment Highlights

  • Well Located in the Heart of Hollywood near Western Ave. & Melrose Ave.
  • Charming, Well Maintained Property with a Newer Roof that has been Owned and Operated by the Same Family for Over 35 Years!
  • All Studio Bedroom One Bath Units that are Separately Metered for Gas & Electricity!
  • Deemed a "Walker’s Paradise" with a Walk Score of 93 as Daily Errands do not Require a Car
  • Charming Interiors with Hardwood Flooring and High Coved Ceilings
  • 4.67% CAP Rate and 14.39 GRM! With Strong Rental Upside Potential!

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.07 AC
Building Size 3,680 SF
Average Occupancy 100%
No. Stories 2
Year Built 1923

Unit Amenities

  • Hardwood Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 $1,074 460

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5535-011-008
  • 5535-011-007
Land Assessment
$414,896
Improvements Assessment
$512,242
Total Assessment
$927,138

zoning

Zoning Code LAR2
LAR2
  • Listing ID: 29339177

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 5336 Monroe St, Los Angeles, CA 90038

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