5622 LA Mirada Ave

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Address: 5622 La Mirada Ave, Los Angeles, CA 90038, USA
Created date: January 7, 2025
Date last updated: January 7, 2025

Property Description

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 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.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $2,400,000
No. of Units: 9
Year Built: 1958
Building Size: 6,754 Sq ft
Lot Size: 7,500.00 Sq ft
Opportunity Zone: No
Price per unit: $266,667
Address: 5622 La Mirada Ave, Los Angeles, CA 90038, USA

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