Active
5806 La Mirada Avenue
Los Angeles CA, 90038
$1,650,000
$301.04 per sqft
Active
8 Beds
8 Baths
5,481 sqft
Residential
Built in 1954
Listed by Neema Ahadian with Marcus & Millichap 310-909-5444
5806La Mirada Ave, a value add multifamily investment opportunity inHollywood located between N Van Ness Ave & N Bronson Ave. The subject property is 100% occupied and totals eight units, allone-bedrooms; rents are below market with over 39% upside asunits turn. There are four carports at the rear of the property along withthree additional parking spaces; an on-site community laundryroom with one washer and one dryer allows ownership to collectadditional income; gas and electricity are also separately meteredand tenants pay for trash removal. 5806 La Mirada Ave boasts a high walk score of 87 and is three blockseast of Sunset Gower Studios and just south of Netflix o n S unsetBlvd; there are plentiful retail amenities close to Santa Monica Blvd and Sunset Blvd. Hollywood remains one of the strongest rental submarkets in the cityand an attractive area to acquire property due to its close proximityto nearby neighborhoods such as Larchmont Village, Hancock Park,Los Feliz, West Hollywood, La Brea, and Koreatown
24397255
MLSⓇ ID
May 8, 2024
Listed
December 5, 2024
Updated
Map
5806 La Mirada Avenue
Los Angeles CA, 90038
Interior Features
Total Stories
0
Bedrooms
8
Total Bathrooms
8
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
C20 - Hollywood
Days on Market
188
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
|---|---|---|
10/9/2024 | Price change | $1,650,000 -2% |
Listing Contact: 310-909-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 9:21 AM UTC