5700 La Mirada Avenue, Los Angeles, CA 90038
-
Listed Price :
$2,469,000
-
Beds :
14
-
Baths :
14
-
Property Size :
8,445 sqft
Property Description
Highest Cap rate, Lowest GRM ! Exceptional chance to own a multifamily property in a thriving Hollywood location, surrounded by multimillion-dollar developments. This offering includes both 5700 La Mirada and 5704 La Mirada Ave,.4 buildings,13 units across 15,000 sq. ft. of R3-zoned land, providing immediate rental income (estimated 7% cap) and future development potential. Nine units have been remodeled, enhancing value and appeal. Whether you're looking to maximize returns now or pursue a larger redevelopment project, this prime location offers incredible growth potential. Don't miss out on this rare opportunity! This sale includes 4 buildings and 2 APNS (5536-005-013 & 5536-005-014). All income and expenses are estimated. Buyers and buyers' agent to verify.
Interior Features
| Bedroom Information |
| Bedrooms |
14 |
| Bathroom Information |
| Bathrooms |
14 |
Listing Information
| Address |
5700 La Mirada Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90038 |
| County |
Los Angeles |
| Listing Agent |
Maria Samouha DRE #01770340 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$2,469,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
8,445 |
| Lot Size |
15,094 |
Listing information courtesy of: Maria Samouha, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 4th, 2025 at 12:42 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
