13

5622 LA MIRADA AVE Los Angeles, CA 90038

$2,800,000

Listed By Sean Rosenzweig, Marcus & Millichap

12

Bedrooms

9

Total Baths

Full Baths

6,754

Square Feet

0.17

Acres

1958

Year Built

Active

Status

MLS#

21-796932

I am pleased to present the opportunity to acquire 5622 La Mirada Avenue, a nine-unit multifamily building in prime Hollywood. As one of Los Angeles densely populated neighborhoods, this submarkets popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. La Mirada Avenue is considered a Walkers Paradise with an 89 Walk Score and is situated a short distance from highly desirable dining and entertaining options. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers, new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with stable operating history and remaining rental upside.

Details

Year Built
1958
Parking
7
Price / Sq Ft
$415
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
221 Days
Acres
0.1722

Listing Office Marcus & Millichap, 213-943-1800

MLS# 21-796932

Updated 10:05PM - 5/26/2022

Listing Agent Sean Rosenzweig, 213-943-1897

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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