5806 La Mirada Avenue, Los Angeles, CA 90038
-
Listed Price :
$1,650,000
-
Beds :
8
-
Baths :
8
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Property Size :
5,481 sqft
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Year Built :
1954
Property 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
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
8 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
5806 La Mirada Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90038 |
| County |
Los Angeles |
| Listing Agent |
Neema Ahadian DRE #01346750 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$1,650,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,481 |
| Lot Size |
7,503 |
| Year Built |
1954 |
Listing information courtesy of: Neema Ahadian, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 11th, 2024 at 5:59 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
