• 5017 Institute Place Los Angeles, CA 90029

  • $2,900,000
  • 0
    Bed(s)
  • 0
    Baths
  • 8,080
    Sq Ft
  • 5746
    Sqft
  • Listed By: Jenny Jung, T.N.G. Real Estate Consultants, DRE #01850519
  • Source: CRMLS

MULTIFUL 8 UNIT APT! LOCATION!! LOCATION!! Beautiful 1 bedroom, 1 bathroom, 8-unit apartment located in East Hollywood. Each home has hardwood floors, new/or newer painted rooms, high ceilings, new/or newer cabinets, bright natural light and separate kitchen. Sizes and conditions vary from unit to unit. Several units are equipped with window air conditioning, and several units have central air conditioning. Some units can create individual laundry room. Some units have an additional room that can be used as an office. Street parking is possible with a city permit. The apartment is conveniently located in Hollywood, 101 FWY, Griffith Park, Griffith Observatory, Universal Studio, LA Zoo, Hollywood, Downtown, Korea town, China town, Little Tokyo Japanese village, coin laundry, markets, convenience stores, car centers, offices, pharmacies, hospitals, and restaurants. Many artists live in this area. Must See!

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: All Bedrooms Up,All Bedrooms Down

Property Appliances: Gas Range

Fireplace: Bath,Kitchen,Primary Bedroom

Flooring: Wood

Cooling Features

See Remarks

Air Conditioning

Heating Source

See Remarks

Has Heating

Fireplace

Fireplace Features: Bath,Kitchen,Primary Bedroom

Has Fireplace: 1

Building Information

Year Built: 1932

Building Area Total: 8,080

Security Features

Gated Community

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1319

Lot Size Source: See Remarks

Lot Size Square Feet: 5746

Listing Price Information

Original List Price: 2,900,000

Listing Contract Date: 2022-09-07

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5535019009

Garage and Parking

Garage Description: See Remarks

Homeowners Association

Association Amenities: Other

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C20 - Hollywood

Postal Code Plus 4: 3753

Directions: Take exit 6B from US-101 N, Continue on Melrose Ave. Drive to Institute Pl

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C20 - Hollywood

Building and Construction

Property Age: 92

Common Walls: 2+ Common Walls

Year Built Source: See Remarks

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
933 N Mariposa Avenue, Los Angeles, CA,90029 $3,200,000 -- -- 6,426 9000 Sqft
811 N Kenmore Avenue, Los Angeles, CA,90029 $1,149,000 3 2 1,555 5148 Sqft
806 N Oxford Avenue, Los Angeles, CA,90029 $1,349,000 4 2 1,700 5970 Sqft
867 N Alexandria Avenue, Los Angeles, CA,90029 $2,200,000 6 6 4,040 5130 Sqft
867 N Alexandria Avenue, Los Angeles, CA,90029 $2,200,000 2 1.5 4,040 5130 Sqft
1214 N Kingsley Drive, Los Angeles, CA,90029 $3,500,000 -- -- 6,703 7893 Sqft
5449 S Virginia Avenue, Los Angeles, CA,90029 $1,850,000 10 -- 4,877 7502 Sqft
932 N Kingsley Drive, Los Angeles, CA,90029 $1,250,000 -- -- -- 9035 Sqft
803 N Kingsley Drive, Los Angeles, CA,90029 $2,600,000 14 16 5,390 7314 Sqft
4913 Melrose Avenue, Los Angeles, CA,90029 $2,100,000 -- -- 2,715 5995 Sqft

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ByOwner last updated this listing 05/16/2024 @ 11:17

MLS: TR22195659
LISTED BY: Jenny Jung, T.N.G. Real Estate Consultants
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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