I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the ±6,200 square foot (5 structure) property is situated on a ±12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm. The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.
Multi-familyProperty Type
1922Year Built
0.29 acresLot Size
$376Price/Sq.Ft.
2 car garageParking
Listed by Joshua Luchs•DRE #01845545• CB Richard Ellis, Inc.
•818-231-2477 (agent)
•Josh.Luchs@Kidder.com (agent)
Bought with Joshua Luchs•DRE #01845545• CB Richard Ellis, Inc.
I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm.The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's
I am pleased to present for sale, a 10-unit multifamily offering located at 5122 Raleigh St. in Los Angeles. Constructed in 1922, the 6,200 square foot (5 structure) property is situated on a 12,419 square foot lot. It's located just East of Larchmont, between Melrose and Beverly and exemplifies classic Hollywood charm.The building consists of ten 1BD/1BA bungalow style units surrounded by a beautify manicured courtyard that boasts stunning street lamps. The tenants benefit from a central location that's minutes from the world famous Hollywood Walk of Fame, Paramount Studios, Los Angeles County Museum of Art, and the LA music scene on Sunset Strip. Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.
TheMLS #18-378154
Nov 2, 2018
Sold
$2,332,500
$376/sq ft
Aug 22, 2018
Pending
—
Aug 15, 2018
Listed
$2,435,000
$393/sq ft
Public Records
Dec 28, 2012
Sold
$1,390,000
$224/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$32,395 (+1.2%)
$1,561,724 + $1,040,219
$2,601,943
2024
$32,002 (+1.9%)
$1,561,724 + $1,040,219
$2,601,943
2023
$31,398 (+4.8%)
$1,531,102 + $1,019,823
$2,550,925
2022
$29,973 (+1.3%)
$1,501,081 + $999,827
$2,500,908
2021
$29,596 (−1.0%)
$1,471,649 + $980,223
$2,451,872
2020
$29,893 (+4.0%)
$1,442,794 + $961,003
$2,403,797
2019
$28,731 (+50.0%)
$1,428,000 + $951,150
$2,379,150
2018
$19,153 (+2.4%)
$1,400,000 + $932,500
$2,332,500
2017
$18,711 (+2.5%)
$954,935 + $519,908
$1,474,843
2016
$18,256 (+1.4%)
$954,935 + $519,908
$1,474,843
2015
$17,999 (−0.7%)
$936,211 + $509,714
$1,445,925
2014
$18,117 (+292.3%)
$904,086 + $492,224
$1,396,310
2012
$4,618 (+2.0%)
$900,000 + $490,000
$1,390,000
2011
$4,529 (+1.2%)
$136,224 + $141,512
$277,736
2010
$4,478 (+3.4%)
$133,553 + $138,738
$272,291
2009
$4,329 (+3.5%)
$132,555 + $137,702
$270,257
2008
$4,184
$132,870 + $138,030
$270,900
Tax history for 5122 Raleigh St
Year
Property tax
Land + Additions
Assessment*
2025
$32,395 (+1.2%)
$1,561,724 + $1,040,219
$2,601,943
2024
$32,002 (+1.9%)
$1,561,724 + $1,040,219
$2,601,943
2023
$31,398 (+4.8%)
$1,531,102 + $1,019,823
$2,550,925
2022
$29,973 (+1.3%)
$1,501,081 + $999,827
$2,500,908
2021
$29,596 (−1.0%)
$1,471,649 + $980,223
$2,451,872
2020
$29,893 (+4.0%)
$1,442,794 + $961,003
$2,403,797
2019
$28,731 (+50.0%)
$1,428,000 + $951,150
$2,379,150
2018
$19,153 (+2.4%)
$1,400,000 + $932,500
$2,332,500
2017
$18,711 (+2.5%)
$954,935 + $519,908
$1,474,843
2016
$18,256 (+1.4%)
$954,935 + $519,908
$1,474,843
2015
$17,999 (−0.7%)
$936,211 + $509,714
$1,445,925
2014
$18,117 (+292.3%)
$904,086 + $492,224
$1,396,310
2012
$4,618 (+2.0%)
$900,000 + $490,000
$1,390,000
2011
$4,529 (+1.2%)
$136,224 + $141,512
$277,736
2010
$4,478 (+3.4%)
$133,553 + $138,738
$272,291
2009
$4,329 (+3.5%)
$132,555 + $137,702
$270,257
2008
$4,184
$132,870 + $138,030
$270,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
10
Baths
10
Stories
—
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
1922
Sq. Ft.
6,200
Year built
1922
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5522006001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Jun 15, 2021 • Final
Plumbing
Install seismic gas shut off valves.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
2 Car Garage
Parking
# of Parking Spaces (Total): 2
# of Covered Parking Spaces: 2
Interior
Equipment
Other
Heating & Cooling
A/C
Wall Gas Heat
Multi-Unit Income
Gross Income: 164054
Gross Operating Income: $174,528
Net Operating Income: $117,093
Multi-Unit Expenses
Total Annual Expense: $52,361
Multi-Unit Other Financial Information
Cap Rate: 4.83
Gross Rent Multiplier: 13.89
Vacancy Rate: 5,074
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1
Type Of Units: 1+1
# of Buildings: 5
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,409
Projected Rent: $17,500
Actual Rent: $14,094
# of Units: 10
Exterior
Building Information
Total Floors: 1
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 12,420
Zoning: LAR3
Financial
Assessment Information
Assessed Land Value: $954,935
Assessed Improvement Value: $519,908
Assessor Parcel Number: 5522-006-001
Location
Community Information
# of Units in Complex (Total): 10
Location Information
Directions: South of Melrose just west of Western
Public facts
Beds: 10
Baths: 10.0
Sq. Ft.: 6,200
Stories: —
Lot Size: 0.29 acres
Style: Multi-Family (5+ Unit)
Year Built: 1922
Year Renovated: 1922
County: Los Angeles County
APN: 5522006001
Home facts updated by county records on Aug 29, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Van Ness Avenue Elementary School
Public K-5 • Assigned • 0.1mi
4/10
Joseph Le Conte Middle School
Public 6-8 • Assigned • 0.9mi
3/10
Fairfax Senior High School
Public 9-12 • Assigned • 2.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
reliable, high-value wealth growth in this iconic City.