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$2,469,000
Est. payment /mo
14 Beds
14 Baths
8,445 SqFt
UPDATED:
02/16/2025 09:16 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,445 sqft
Price per Sqft $292
MLS Listing ID 25492209
Bedrooms 14
HOA Y/N No
Lot Size 0.346 Acres
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.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Total Parking Spaces 13
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5536005013
Special Listing Condition Standard
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Listed by Maria Samouha • Coldwell Banker Realty
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686