Active
5757 La Mirada Ave
Los Angeles CA, 90038
$4,250,500
$297.28 per sqft
Active
18 Beds
20 Baths
14,298 sqft
Multi-family
Built in 1954
We are proud to present a well-maintained 20-unit multi-family community in a prime Hollywood location literally a block from Netflix. The property has a charming garden-style layout and offers a variety of units, including singles, one-bedroom, and two-bedroom units. It features amenities such as a courtyard, laundry room, and gated parking. The property is conveniently located near Santa Monica Boulevard and has a Walk Score of 88, providing easy access to upscale dining, shopping, and entertainment options.This property has great potential for investors. The existing rental rates offer around 30% upside potential, allowing for value addition. The property also comes with "RTI" plans for two additional units to be built above the carport garages, which could generate an estimated extra $5000 per month in rental income. Buyers should verify and conduct their own rental survey. Additionally, the property is located in a qualified opportunity zone, making it an attractive investment for long-term investors seeking tax benefits.
23-285897
MLSⓇ ID
July 6, 2023
Listed
September 30, 2023
Updated
Map
5757 La Mirada Ave
Los Angeles CA, 90038
Interior Features
Total Stories
2
Bedrooms
18 Beds
Bathrooms
20 Baths
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window
Heating
Yes
Heating Description
None
Exterior/Building Features
Lot Size
0.34 acres
Exterior Features
None
Other Property Details
Days on Market
56
Garage
No
Parking
Carport Detached
Parking Total
11
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Courtesy of Saadia 'Sam' Liberow with Marcus & Millichap
Listing Contact:
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2023 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/30/2023