Apartment Building with Retail
New
For Sale
$17,500,000
5718 Hollywood Blvd, Los Angeles, CA 90028
Residential Income, Los Angeles, CA
Property Size48,752 SF
Lot Size0.54 Acres
Price / SF$358.96
Days on Market2
Property Features for 5718 Hollywood Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR5
Bedrooms
68
Bathrooms
68
Full bathrooms
6
Rooms
Bedroom 46, Bathroom 40, Bathroom 2, Bathroom 43, Bathroom 48, Bathroom 10, Bedroom 58, Bedroom 23, Bedroom 4, Bathroom 38, Bedroom 50, Bathroom 64, Bathroom 66, Bathroom 20, Bathroom 25, Bathroom 39, Bedroom 47, Bedroom 59, Bathroom 56, Bedroom 38, Bathroom 52, Bathroom 33, Bedroom 3, Bedroom 32, Bedroom 41, Bedroom 57, Bedroom 29, Bathroom 31, Bathroom 59, Bathroom 57, Bedroom 18, Bathroom 30, Bathroom 53, Bedroom 39, Bathroom 54, Bedroom 30, Bathroom 63, Bathroom 26, Bathroom 29, Bedroom 10, Bedroom 37, Bathroom 1, Bedroom 12, Bedroom 27, Bedroom 67, Bathroom 32, Bedroom 21, Bathroom 49, Bedroom 52, Bathroom 9, Bathroom 51, Bedroom 2, Bathroom 27, Bathroom 44, Bathroom 3, Bedroom 34, Bathroom 13, Bedroom 15, Bathroom 68, Bedroom 11, Bedroom 56, Bedroom 49, Bedroom 61, Bathroom 34, Bedroom 28, Bathroom 19, Bedroom 62, Bathroom 7, Bedroom 36, Bathroom 65, Bedroom 43, Bathroom 15, Bathroom 18, Bathroom 46, Bathroom 37, Bathroom 23, Bedroom 7, Bedroom 45, Bedroom 35, Bedroom 5, Bedroom 44, Bathroom 45, Bedroom 25, Bedroom 14, Bathroom 22, Bedroom 33, Bedroom 66, Bathroom 12, Bedroom 13, Bedroom 26, Bathroom 60, Bedroom 55, Bedroom 1, Bedroom 17, Bathroom 14, Bedroom 8, Bathroom 58, Bathroom 5, Bathroom 50, Bathroom 35, Bedroom 16, Bathroom 24, Bedroom 53, Bedroom 42, Bedroom 68, Bathroom 42, Bedroom 19, Bedroom 63, Bedroom 6, Bathroom 61, Bedroom 22, Bathroom 16, Bedroom 64, Bathroom 17, Bathroom 47, Bedroom 24, Bathroom 67, Bathroom 11, Bathroom 4, Bedroom 40, Bedroom 65, Bathroom 62, Bathroom 21, Bathroom 28, Bedroom 9, Bedroom 48, Bathroom 41, Bedroom 54, Bathroom 55, Bedroom 31, Bedroom 60, Bathroom 36, Bathroom 6, Bedroom 20, Bathroom 8, Bedroom 51
Parking
73
Directions
On world famous Hollywood Blvd, West of Wilton & South of Franklin
Subdivision
Hollywood
Standard status
Active
APN
5586-035-041
Size
48,752 SF
Lot size
0.54 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
residential, retail
Amenities
private balconies
controlled access
sundeck
on-site laundry
Building Details
Year built
2005
Floors in Building
4
Number of units
44
Additional Structures
Cabana
Listing Agency:
REMAX COMMERCIAL & INVESTMENT REALTY
(310) 802-2500
Listed By:
Jacob Plewa · License #02041641
(310) 922-6124
Added: Nov 2
Last Checked: Nov 3 at 1:06AM
MLS# 26105892
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2005, this 48,752-square-foot apartment property contains 41 residences and three ground-floor retail suites. The residential mix includes four three-bedroom, two-bath units of 1,455 square feet each, 26 two-bedroom, two-bath units of 1,104 square feet each, and 11 one-bedroom units. The building also has elevator service, a sundeck, on-site laundry, and subterranean parking. Its 0.5425-acre parcel is zoned LAR5, and the property is identified as exempt from the Los Angeles Rent Stabilization Ordinance.
At 5718 Hollywood Blvd, the property is an eight-minute walk from the Hollywood/Western Metro B Line station. Downtown LA is a nine-minute drive away. Netflix, Paramount Pictures, Children's Hospital Los Angeles, and Kaiser Permanente are named as local employment anchors.
At 5718 Hollywood Blvd, the property is an eight-minute walk from the Hollywood/Western Metro B Line station. Downtown LA is a nine-minute drive away. Netflix, Paramount Pictures, Children's Hospital Los Angeles, and Kaiser Permanente are named as local employment anchors.
Key Highlights
- 41 residences and 3 ground‑floor retail suites
- 48,752 square feet on a 0.5425‑acre LAR5‑zoned parcel
- Built in 2005; exempt from the LA Rent Stabilization Ordinance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,131,397
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,627,940
$22.6M
Cap Rate 7%
$16,162,814
$16.2M
Cap Rate 9%
$12,571,078
$12.6M
Market Conditions
NOI Build-Up for 48,752 SF
Gross rent
$1.80M $36.96/SF
− Vacancy
−$185.6K −$3.81/SF
EGI
$1.62M $33.15/SF
− OpEx
−$484.9K −$9.95/SF
NOI
$1.13M $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,627,940
Cap Rate 7%
$16,162,814
Cap Rate 9%
$12,571,078
Alternative Uses
Best Use
Apartment 5plus
$861.90M
$754.17M – $1,005.55M
NOI $60,333,235 @ 7.0% cap · market cap 344.76%
Second Best
Retail
$16.16M
$14.14M – $18.86M
NOI $1,131,397 @ 7.0% cap · market cap 6.47%
Theoretical Best
Multifamily LT 5
$987.69M
$864.23M – $1,152.30M
NOI $69,138,037 @ 7.0% cap · market cap 395.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
41
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,838
Businesses Nearby
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Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The 2005 property combines residential units with ground-floor commercial space and controlled-access amenities.
Where is this apartment building located?
The property is located at 5718 Hollywood Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: 41 residences and 3 ground‑floor retail suites; 48,752 square feet on a 0.5425‑acre LAR5‑zoned parcel; Built in 2005; exempt from the LA Rent Stabilization Ordinance
