4353 W 5TH Street

    Los Angeles (City), CA 90020
    • $10,999,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 19517724
    UPDATED: 193 min ago
    $10,999,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 24,435
      SQFT
    • $450
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Chateau Laurier is a grand 4 story French Normandy building steeped in Hollywood lore. Designed by famed Hollywood architect Leland A. Bryant. who designed the Sunset Tower Hotel and many other iconic LA buildings. Typical apartments have 9' ceilings, arched doorways, crown moldings, hardwood floors, large fireplace mantels. The penthouse apartments have 18ft - 25ft cathedral ceilings & carved turret rooms. Chateau Laurier is a limited access building, with subterranean parking. Two beautiful original wood panel elevators with original oil paintings have been restored. Tenants enjoy the gorgeous views and close proximity to Hollywood, Koreatown & Downtown LA. Situated next to Hancock Park and less than 5 blocks from Wilshire/Western Metro Station. PURCHASE PRICE INCLUDES 453 S. Wilton ("The Durbin").

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T00:35:15.083. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99629620

    4353 W 5TH Street Los Angeles (City), CA 90020

    • Price: $10,999,000
    • Status: Active
    • Updated: 193 min ago
    • ID#: 19517724
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    24,435
    SQFT
    $450
    $/SQFT
    1929
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Chateau Laurier is a grand 4 story French Normandy building steeped in Hollywood lore. Designed by famed Hollywood architect Leland A. Bryant. who designed the Sunset Tower Hotel and many other iconic LA buildings. Typical apartments have 9' ceilings, arched doorways, crown moldings, hardwood floors, large fireplace mantels. The penthouse apartments have 18ft - 25ft cathedral ceilings & carved turret rooms. Chateau Laurier is a limited access building, with subterranean parking. Two beautiful original wood panel elevators with original oil paintings have been restored. Tenants enjoy the gorgeous views and close proximity to Hollywood, Koreatown & Downtown LA. Situated next to Hancock Park and less than 5 blocks from Wilshire/Western Metro Station. PURCHASE PRICE INCLUDES 453 S. Wilton ("The Durbin").
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Community Structure Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Cap Rate 4.04 Gross Multiplier 16.61 Gross Operating Income 662260.00 Improvements Amount 1131769 Land Value 2263545 Net Operating Income 444604.00 Special Listing Conditions Standard Total Expenses 217655.00 Zoning Lar3

    Listing provided courtesy of Lee Ziff of Keller Williams Beverly Hills and David Martinez of Keller Williams Beverly Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-17T00:35:15.083. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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