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

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