$6,240,000
5110 Harold Way
Los Angeles, CA 90027
29
Beds
33
Baths
21,122
Sq. Ft.
1955
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
First time on the market in over 43 years, this 32-unit apartment community is ideally located in prime Hollywood between Hollywood Boulevard and Sunset Boulevard, just blocks from Los Feliz. Built in 1955, the property spans approximately 21,122 square feet on a 17,906 square foot lot and features a secured entrance, 32 individual parking spaces, a spacious central courtyard, and an on-site pool that enhance tenant appeal. Offered at a 6.3% cap rate and 9.7 GRM with significant rental upside, the asset presents a compelling value-add opportunity. Recent improvements include new windows, a newer roof, and an updated electrical system. Additional upside may be realized through the potential conversion of the existing non-conforming studio into an ADU (buyer to independently verify feasibility and permitting). The property also includes an on-site community laundry facility with three washers and three dryers and benefits from a highly desirable Hollywood location surrounded by popular dining, nightlife, new retail developments, major employment centers, and convenient transportation options.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$33,212/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 5:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.