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5532 Harold Way Los Angeles, CA 90028
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Key Details
Sold Price $4,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,170 sqft
Price per Sqft $305
MLS Listing ID 21-102721
Style Mid-Century
Bedrooms 19
Year Built 1961
Lot Size 0.296 Acres
Property Sub-Type Multi-Family
Property Description
The Starlight Apartments, at 5532 Harold Way, are located in the highly sought-after Hollywood neighborhood of Los Angeles. Built in 1961, the property offers renters a highly-competitive unit mix of 14 One Bedrooms, and 5 Two-Bedroom units across 13,170 gross square feet of improvements and 12,901 square feet of land. The property has been thoughtfully maintained in near-original condition and presents new ownership with the opportunity to capture significant upside in rents through unit renovations and common area enhancements showcasing modern design elements. Located in the northeast edge of the Hollywood neighborhood, bordering Los Feliz and East Hollywood, The Starlight Apartments offer tenants immediate access to a broad selection of world-class dining, entertainment and shopping destinations easily accessible by walking or a short drive. Retailers within walking distance include: Target, Chase Bank, Starbucks, Ralphs Supermarket and Petco. Within 0.5 miles of the property is the headquarters of Netflix, Sunset Bronson Studios, Emerson College and KTLA 5. Starlight Apartments is less than a 3-minute walk to the nearby Red Line Metro Station at the corner of Hollywood Blvd. and Western Ave. The property is in the Qualified Opportunity Zone
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Window Unit(s), Wall Unit(s)
Equipment None
Exterior
Parking Features Garage
Garage Spaces 18.0
Waterfront Description None
View Y/N No
View None
Building
Story 2
Water Public
Others
Special Listing Condition Standard
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Bought with Iconic Investments