Los Angeles, CA 90038,5621 La Mirada AVE
Los Angeles, CA 90038,5621 La Mirada AVE
Los Angeles, CA 90038,5621 La Mirada AVE
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$1,870,000
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7,492 Sqft Lot
Active

5621 La Mirada AVE Los Angeles, CA 90038

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Frank Sottile

Frank Sottile

+1(760) 952-0019

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25257943

HOA Y/N No

Year Built 1920

Lot Size 7,492 Sqft

Property Sub-Type Duplex

Property Description

RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program. Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type See Remarks

Fireplace Yes

Laundry Gas Dryer Hookup

Exterior

Pool None

Community Features Biking

View Y/N No

View None

Private Pool No

Building

Lot Description Back Yard

Story 4

Entry Level One

Sewer Private Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5536002012

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Cal Vet Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Cal Vet Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Zhu Liu OFFERI 626-233-3077

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Valley View Elementary

    Public | KG - 5

  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 7

    Gardner Street Elementary

    Public | PK - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 5

    Wilton Place Elementary

    Public | KG - 5

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    The Episcopal School of los Angeles

    Private | 6 - 9

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Richard A. Alonzo Community Day

    Public | 7 - 12

  • 0

    Immaculate Heart High School & Middle School

    Private | 6 - 12

High Schools 18
  • 8

    John Marshall High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 1

    Helen Bernstein High School

    Public | 9 - 12

  • 1

    RFK Community Schools - School for the Visual Arts & Humanities

    Public | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

  • 0

    Bnos Devorah High School

    Private | 9 - 11

  • 0

    Canyon Oaks School

    Private | 10 - 12

  • 0

    Soledad Enrichment Action Charter High School

    Public | 9 - 12

  • 0

    East Beverly High School

    Private | 9 - 12

  • 0

    New Village Girls Academy

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Frank Sottile

Frank Sottile

Broker Associate | License ID: 00900300

+1(760) 952-0019

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