$1,650,000
 $8,858 est/mo Sourced by Back At You

5806 La Mirada Avenue , Los Angeles, CA 90038

Los Angeles, CA 90038

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Description

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

Details

MLS#24397255
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1954
Days On Site162
Listing Provided ByMarcus & Millichap 310-909-5500 | Neema Ahadian

Features

Bed(s)8
Bath(s)8
SQ Feet5,481
Units8
Building(s)1
ZoningLAR3
Acreage0.17

Market Activity 90038

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90038
AreaC20 Hollywood
Listing VS Median (in 90038)
Price:
$1,650,000
low | high
Med:
$739,400
100% of Average
SqFt:
5,481
low | high
Med:
1,023
100% of Average
$ / SqFt:
$301
low | high
Med:
$754
100% of Average
On Site:
162
low | high
Med:
80.000000
100% of Average
Sourced by Back At You
Listing Updated: October 11, 2024 at 11:49:35 AM PDT