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SOLD 4/27/2022

5300 Loma Linda Avenue, Los Angeles, CA 90027$2,600,000

· 10678
ft2 lot
$345 / ft2

Listing provided courtesy of Listing Broker: Alex Shin, Iconic Investments
Source CRMLS;
The Loma Linda Apartments, in the up-and-coming Thai Town neighborhood of Los Angeles, is a 10-unit multi-family building built in 1947. The property is located at 5300 Loma Linda Avenue and is comprised of 1 Studio, 8 one-bed/one-bath units and 1 two-bed/one-bath unit across 7,532 gross square feet of improvements on 10,678 square feet of land. Utilities are separately metered for electricity and gas. Some of the units have been lightly updated by current ownership, with room for more growth. In addition, a new roof was installed about 10 years ago and new water heaters 5 years ago. The Loma Linda Apartments are an ideal investment opportunity for all renovation-oriented buyers. As the units turn, it will allow new ownership to immediately renovate, remodel and reposition the property to capture a higher-income tenant base and top-of-market rents. Located on the northeast edge of Hollywood, Thai Town neighborhood is a six-block area flanking Hollywood Blvd. between Normandie Ave. and Western Ave. Thai Town borders Los Feliz and East Hollywood. 5300 Loma Linda Ave. offers tenants immediate access to a broad selection of world class dining, entertainment, and shopping destinations easily accessible by walking or a short drive. Retailers within walking distance include Target, Chase Bank, Starbucks, Ralphs Supermarket and Petco. Within 0.5 miles of the property is the headquarters of Netflix, Sunset Bronson Studios, Emerson College and KTLA 5. The Loma Linda Apartments are less than 0.3 miles to the nearby Red Line Metro Station at the corner of Hollywood Blvd. and Western Ave. and the area is served by the Metro Rapid bus lines 757 & 780 and Metro Local bus lines 180, 181, 206, 207, & 217.



On market

24 days

Year built


Property type






Price / Sq.Ft.

$345 / ft2



Buyer’s Brokerage Commission


Home details for 5300 Loma Linda Avenue

Interior Features & Layout
Interior Size
Building Area Total: 7532.00
Property, Lot, Community & Exterior Features
Parking Info
Parking Available: 1
Parking Features: Driveway
Garage Spaces: 0.00
Carport Spaces: 0.00
Building Info
Zoning: LAR3
Roof: Composition
Stories Total: 2
Lot Info
Lot Features: Rectangular Lot
Lot Size Source: Assessor
Lot Size Acres: 0.2451
Lot Size Area: 10678.0000
Lot Size Units: Square Feet
Community Info
Number Of Buildings: 1
Total Units: 10
Property Type
Architectural Style: Mid Century Modern
Property Features
Property Condition: Repairs Cosmetic
Exterior Features
Direction Faces: East
Listing Details, Costs & Financing Information
Financial Info
Gross Operating Income: 70026.00
Vacancy Allowance Rate: 0.00
Total Actual Rent: 11746.00
Total Expenses: 67178.00
Gross Multiplier: 18.45
Rent Control Yn: 1
Tax/Assessment Info
Gross Income: 137203.00
Tax Year: 2021
Taxes: 10601.79
Lease Info
Net Operating Income: 70026.00
Listing Info
Status: Closed
Multi Unit Information
Unit 1 Information
Unit 1 Bedrooms: 1
Unit 1 Total Units: 10
Unit 1 Furnished Units: Unfurnished
Unit 1 Bathrooms: 1
Unit 1 Actual Rent: 1175.00
Unit 1 Total Rent: 11746.00
Multi Unit Information
# Of Units: 13
School Neighborhood & Directions
School Info
Directions: Hollywood Blvd, north on N Harvard Blvd. Building is on the left at the corner of Loma Linda Ave and N Harvard Blvd.
Dom: 57

Neighborhood snapshot

Properties for sale
Median days on market
Median sold price/sqft
Sold/List %

walk score® :


transit score® :


bike score® :

Property History for 5300 Loma Linda Avenue

CRMLS #21106539
CRMLS #21106539
CRMLS #21106539
CRMLS #21106539

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