Alex Shin, along with KW Commercial DTLA, is honored to present a VALUE ADD opportunity 10-unit Garden-Style apartment complex located in East Hollywood/Thai Town adjacent to Los Feliz. Pride of ownership building with one of the largest lots in the neighborhood. 1 Unit delivered VACANT at COE. The new Buyer has the chance to stabilize building capturing significant increase in rents as units turn. Rents below market, new roof 5 years ago, separately metered for gas and electric, no soft story retrofit work required, and remodeled units are renting for top dollar. There are 9 tandem parking spaces all secured by a gate. 5300 Loma Linda provides the new owner a special opportunity to bring this property to its fullest potential with some rehab work and will command strong rents, being wedged between Hollywood to the West, Los Feliz to the East, Griffith Park to the north, and Hancock Park/Koreatown to the South.
Off market
$2,374,900
5300 W Loma Linda Ave, Los Angeles, CA 90027
10beds
10baths
7,532sqft
MultiFamily
Built in 1947
-- sqft lot
$2,374,900 Zestimate®
$315/sqft
$1,736 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 7,532 sqft
Property
Parking
- Total spaces: 98
Lot
- Size: 10,676 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- ParkingGarage: Gated, Tandem
- SourceLivingArea: Assessor
- Cooling: Air Conditioning
- Equipment: Ceiling Fan
- Heating: Central
- ListingArea: Hollywood
- Country: US
- UnitTypeType: 2106, 2107, 2108, 2109
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Estimated market value
$2,374,900