Active
5700 La Mirada Ave
Los Angeles CA, 90038
$2,469,000
$292.36 per sqft
Active
14 Beds
14 Baths
8,445 sqft
Multi-family
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.
25492209
MLSⓇ ID
February 3, 2025
Listed
February 4, 2025
Updated
Map
5700 La Mirada Ave
Los Angeles CA, 90038
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
14
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.35 Acres
Other Property Details
Area Name
Hollywood
Garage
Yes
Garage Spaces
5
Parking
Assigned
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Maria Samouha with Coldwell Banker Realty
Listing Contact: 310-595-5815
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 Giuseppe Talarico | CA DRE# 02155865 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/4/2025
