5017 Institute Place

Los Angeles, CA 90029

$2,900,000
Price
6
Beds
8,080 Sq. Ft.
$359 / Sq. Ft.
8,080
Sq. Ft.
$359
per Sq. Ft.

Description

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...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!
  1. Listed by Jenny Jung • DRE #01850519 • Brokerage DRE #01886242 • T.N.G. Real Estate Consultants • 626-333-8945

Property Details for 5017 Institute Place

Parking Spaces Total
0
Private Pool
No
Cooling Type
Other/Remarks
Total Units
8.0
Building Type
Attached
Lot Size Source
See Remarks
Living Area
8080
Assessor Parcel Number
5535-019-009
LISTING UPDATED: 09/28/2024 10:05 PM

Property Details for 5017 Institute Place

StatusActive
MLS #TR22195659
Days on Market815
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size0.13 AC / 5,746 SF
CountyLos Angeles County

Building Information for 5017 Institute Place

Stories2Residences-Year Built1932Building Size-Lot Size0.13 AC / 5,746 SF

Property Information for 5017 Institute Place

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $115
  • Electric Expense: $325
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $261
  • Water Sewer Expense: $100
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 6407
  • Tax Census Tract: 1916.10
  • CFD/Mello-Roos Fee: $1,152
  • Tax Lot: 5
Community / Development
Community / Development
  • Association Amenities: Other
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: None
  • Room Type: All Bedrooms Down, All Bedrooms Up, Center Hall, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, See Remarks
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Bath, Kitchen, Primary Bedroom
  • Fireplace Rooms: Bath, Kitchen
  • Cooling: See Remarks
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring: Wood
Exterior Features
  • Security Features: Gated Community
  • Security: Gated Community
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Other, Phone Available, See Remarks, Sewer Available
  • Electric: Cable Available, Electricity Available, Other, Phone Available, See Remarks, Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: See Remarks
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $4,600
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,699
  • Unit Type Total Rent: $1,699
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,645
  • Unit Type Total Rent: $1,645
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $3,800
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,799
  • Unit Type Total Rent: $1,799
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 5017 Institute Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5017 Institute Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5017 Institute Place is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on September 7, 2022 by T.N.G. Real Estate Consultants, it's currently listed at $2,900,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Kingsley Elementary School, Joseph Le Conte Middle School and Helen Bernstein High School. 5017 Institute Place is a 6-bed, 0-bath, 8,080 sqft multi-family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of T.N.G. Real Estate Consultants, Jenny Jung, DRE #01850519

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.