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$1,675,000

Beds
8
sq ft
5,481

5806 La Mirada Ave, Los Angeles, CA 90038

5806 La Mirada Ave

Los Angeles, CA 90038

  • 115 days on market
    • Price drop $120,000↓
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 43% 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

Property type

Lot size

7,503 sq ft

Price per sq ft

$306

Year built

1954

HOA

No

Price History

08/23/2024
CLAW

CLAW #24397255

Price change
$1,675,000
-6.69%
08/19/2024
CLAW

CLAW #24397255

Removed
$1,795,000
07/10/2024
CLAW

CLAW #24397255

Price change
$1,795,000
-4.27%

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 09/20/2024 at 9:30 PM

Listing updated: 08/23/2024 at 1:53 PM

Listed by: Neema Ahadian, Marcus & Millichap Phone #: (310) 909-5500

MLS: CLAW #24397255

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