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5070 Hollywood Boulevard

5070 Hollywood Boulevard, Los Angeles, CA 90027
Commercial in Little Armenia
1 Units For Sale
Unit for sale at 5070 Hollywood Boulevard, Los Angeles, CA 90027

$4,999,998 ↓ $1

  • Commercial
  • 6,000 ft²
5070 Hollywood Boulevard, Los Angeles, CA 90027 Listing by Yeghia Kademian

5070 Hollywood Boulevard in Los Angeles, CA was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 1950. This has been categorized as a commercial property type. It is a single story home. 5070 Hollywood Boulevard has 7,459 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 8,499 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The roof of the home is made of roll composition. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,238 in taxes each year. 5070 Hollywood Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $445,146. If we break it down further, the land itself was valued at $441,068. Improvements to the property, however, were assessed at a total of $4,078. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190625
06/25/2019
Studio
-
-
$5,500,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,499
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 7,459
  • Gross Building Area: 7,459
  • Building Area: 7,459
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 7,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: PROSPECT
  • Land Acres: 0.195
  • Standard Land Use Code: Grocery, supermarket
  • Legal Description 1: PROSPECT TRACT AS PER BK 2 PG 74 N 85 FT OF LOT/SEC 1

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191201

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 34-E3
  • Parcel: 5543-001-001
  • Lot: 1
  • Municipality: WEST /SILVER LAKE
  • Latitude: 34.1015
  • Longitude: -118.3

    Address

  • Full Address: 5070 Hollywood Blvd
  • Address - House Number: 5070
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C016
  • 4-Digit Zip Code: 6110
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,238
  • Tax Rate Code Area: 08-827

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,146
  • Assessed Land Value: $441,068
  • Assessed Improvements Value: $4,078

About Central LA



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Frequently Asked Questions

What neighborhood is 5070 Hollywood Boulevard located in?
The 5070 Hollywood Boulevard is a commercial located in the neighborhood of Little Armenia in Central LA, Los Angeles.
How many listings are currently for sale in 5070 Hollywood Boulevard?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5070 Hollywood Boulevard?
The average sales price for units in 5070 Hollywood Boulevard is $4,999,998 , or $833/sqft. currently.

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