Property listed by Marcus & Millichap, Sean Rosenzweig 310-909-5500
$2,200,000
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire 5622 La Mirada Avenue. The subject property is a nine-unit multifamily building located in Hollywood, just south of Sunset Boulevard and west of Western Avenue. Hollywood continues… Read More catering to young professionals due to its proximity to a vibrant and lively nightlife scene along with trendy retail and coffee shops. La Mirada Avenue is considered a Walker's Paradise with a 90 Walk Score and is situated a short distance from highly desirable dining and entertaining destinations. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers (select units), new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with remaining rental upside. Read Less
Listing Snapshot
Days Online
224
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,754
Lot Size
0.17 Acres
Year Built
1958
MLS Number
25477187
30 Days Snapshot Of 90038
$767k
+2%
(avg) sold price
3
0%
homes sold
372
+304%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1958, Building area total: 6,754, Levels: Two, Living area: 6754, 2 stories, 1 building
Income
Gross income: $198,906, Net operating income: $123,890
Lot
0.1722 acres, 7,500 square feet, Size: 7,500
Parking
6 totals parking, Covered
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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