5017 Institute Place
Los Angeles, CA, 90029 $ 2,900,000
Bedrooms8 Baths8.0 Sq 8,080 Monthly Estimate*
$ 20,257
Listed by T.N.G. Real Estate Consultants
for $2,900,000 with 8 bedrooms and 8 full baths. This 8,080 square foot home was built in 1932 on a lot size of 0.1319.
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!
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FeaturesGeneralInterior Features AllBedroomsUp AllBedroomsDown
Sewer PublicSewer
Heating SeeRemarks
Cooling SeeRemarks
Utilities CableAvailable ElectricityAvailable Other PhoneAvailable SewerAvailable SeeRemarks
Possession SeeRemarks
Appliances GasRange
Zoning LARD1.5
HOA 0.0
Garage Spaces 0.0
Pool Features None
Security Features GatedCommunity
Year Built 1932
Stories 2
Levels Two
Gross Income 0.0
Community Features Sidewalks Gated
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
Association Amenities Other
HOA / Comm Assn N
Attached Garage N
Contingency Commission paid to active licensee only
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Take exit 6B from US-101 N Continue on Melrose Ave. Drive to Institute Pl
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 8
MLS Area C20 - Hollywood
Lot Size Square Feet 5746.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Institute
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 325.0
Home Warranty Y/N N
Fuel Expense 115.0
Trash Expense 261.0
Water Sewer Expense 100.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 444
Building Area Units SquareFeet
Standard Status Active
Year Built Source SeeRemarks
Tax Lot 5
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InteriorFlooring Wood
Fireplace Features Bath Kitchen PrimaryBedroom
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Place
Laundry Features None
Electric On Property Y/N N
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ExteriorParking Features SeeRemarks
Lot Features Item610UnitsAcre
Water Source Public
Total Parking 0.0
Lot Size Area 5746.0
Number of Buildings 1
Spa N
Building Area Total 8080.0
Lot Size Acres 0.1319
Lot Size Units SquareFeet
Lot Size Source SeeRemarks
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByT.N.G. Real Estate ConsultantsBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,257
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,993,562
Percent of Sale Price 31%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/14/2023 | $2,900,000 | -9.38% | Price Down |
| 9/7/2022 | $3,200,000 | | Listed Price |