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$1,875,000
8 bed
5,481 Sqft
7,503 Sqft lot

5806 La Mirada Avenue, Los Angeles, California 90038

  • Residential Income Property Type
  • 39 Days Time on market
  • $342 Price per sqft
  • 1954 Year Built
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 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

Basic Details
Residential Income
Buy
24397255
$1,875,000
8
5,481 Sqft
1954
7,503 Sqft
Active
Condos/Co-ops
Features
0
$0
Address
CA
Los Angeles
Los Angeles
90038
5806 La Mirada Avenue
5806
Avenue
0
W119° 41' 2.1''
N34° 5' 36.4''
Additional Information
39
0
8
: Multi/split
1
5,481 Sqft
0 Sqft
0 Sqft
0.17 Sqft
7,503 Sqft
1
0 Sqft
LAR3
5534019017
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
28/05/2024 18:16:46
$0
: Standard
Located Hollywood between N Van Ness Ave & N Bronson Ave
Marcus & Millichap
Neema Ahadian
CLW-X7515101
CLW-C104547
$0
1
1
0
0
1
1
8
124724
US-06037-N-5534019017-R-N
29/05/2024 01:27:41
La Mirada
C20 - Hollywood
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