5005 August Street 5005 August Street 5005 August Street 5005 August Street 5005 August Street 5005 August Street 5005 August Street 5005 August Street Location:
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5005 August Street

Los Angeles, CA 90008
3 bed
44 bath
18,344 sqft
$8,475,000
$220K drop
On ZeroDown: 3 months ago

Highlights

Electric Vehicle Charging Nearby

69 electric car charging points within a 5-minute driving distance.

Grocery Delivery

Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.

About

$220,000 Price Reduction. Offering Memorandum available in documents. Originally built in 1962, and renovated in 2020, the Palms on August are located at 5005 August Street in the Baldwin Village neighborhood, adjacent to the Culver City submarket. Consisting of 44 units, the apartment complex totals 18,344 square feet of building area on a 24,615 square f ... Read more
Style
:
Contemporary
MLS #
:
20661286
Year Built
:
1962
Lot Size
:
24,615 sq ft.
Property Type
:
Residential Income
Status
:
Active
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
3 months
Floor Size
:
18,344 sq ft.
Listed by: Steffan Braunlich
Brokerage: Berkadia
MLS#: 20661286
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
# of Beds:
1
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$5,151.0
Projected Rent:
$5,385.0
# of Units:
3
Actual Rent:
$1,717.0
Laundry Information
Has Laundry:
Yes
Laundry Features:
Community
Interior Features
Window Features:
Skylight(s)
Heating & Cooling
Cooling:
None
Heating:
Wall Furnace
Unit Type 2 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$38,970.0
Projected Rent:
$44,850.0
# of Units:
30
Actual Rent:
$1,299.0
Multi-Unit Information
# of Buidings:
1
Gross Income:
$661,608.0
Gross Rent Multiplier:
12.81
Total Expense:
$227,714.0
Net Operating Income:
$424,246.0
Unit Type 1 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$11,011.0
Projected Rent:
$14,245.0
# of Units:
11
Actual Rent:
$1,001.0
Exterior Features
Pool Information
Pool Features:
Fenced
Has Private Pool:
Yes
Building Information
Building Style:
Contemporary
Details provided by CRMLS and may not match the public record.

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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
5005 August Street is a 18344 sq ft house with 3 beds and 44 baths.
What’s the current price of this home?
5005 August Street is currently priced at 8,475,000.
How many photos are available for this home?
ZeroDown has 9 photos of 5005 August Street.
Are there electric charging stations around 5005 August Street?
69 electric car charging points within a 5-minute driving distance.
How quickly do homes sell in this neighborhood?
Average days on market for homes in this area was 53 days this month, 48 days last month and 26 days last year.
What are the public transportation options for 5005 August Street?
The nearest airport is Los Angeles International Airport, which is 6.0 miles away.
What are the grocery and delivery options for 5005 August Street?
Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart. 1 grocery stores at a walking distance of 2-5 mins.
What are child care options around 5005 August Street?
This home is great if you have young kids. There are at least 10 child care centers within 0.8 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 1.4 miles away.,There are at least 5 day-cares within 10 miles of this home, the closest one is approx. 2 mins by drive.
When was this home built?
5005 August Street was built in 1962.
How long has this home been listed on ZeroDown?
5005 August Street has been on ZeroDown for 3 months.
Is 5005 August Street in a quiet neighborhood?
Ambient noise level around this home is < 40 dBA, classified as faint - safe listening for any time period. Sounds like quiet library.
What are the food delivery options for 5005 August Street?
Food delivery available from 3742+ restaurants and over 85 different cuisines to discover, powered by Doordash. Good quality food mostly delivered within 30 minutes.
What are the internet/broadband options for 5005 August Street?
Get into the gaming mode with 940.0+ Mbps download speeds available on this block powered by Charter Communications, Inc..
What are the nearest hospitals/urgent care centers for 5005 August Street?
2 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 5005 August Street?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Citizens of the World Charter School Hollywood (#109 in state), Goethe International Charter School (#98 in state), Larchmont Charter School (#107 in state) among 7 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. Goethe International Charter School (#25 in metro), WISH Community School (#44 in metro), Los Angeles Center for Enriched Studies (#4 in metro) among 8 A+/A rated public middle schools in the district. Ratings and rankings are from Niche. Los Angeles Center for Enriched Studies (#31 in metro), Larchmont Charter School (#146 in state) among 3 A+/A rated public high schools in the district. Ratings and rankings are from Niche.
How does it feel to live in 90008 zip code?
46.81% of the households in this zip code(90008) are renter-occupied.

Listing Courtesy of: CRMLS_CA and Berkadia. Based on information from California Regional Multiple Listing Service, Inc
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.