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5700 La Mirada AVE Los Angeles, CA 90038
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Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,445 sqft
Price per Sqft $296
MLS Listing ID 25492209
Bedrooms 14
Lot Size 0.346 Acres
Property Description
Highest Cap rate, Lowest GRM ! Exceptional chance to own a multifamily property in a thriving Hollywood location, surrounded by multimillion-dollar developments. This offering includes both 5700 La Mirada and 5704 La Mirada Ave,.4 buildings,13 units across 15,000 sq. ft. of R3-zoned land, providing immediate rental income (estimated 7% cap) and future development potential. Nine units have been remodeled, enhancing value and appeal. Whether you're looking to maximize returns now or pursue a larger redevelopment project, this prime location offers incredible growth potential. Don't miss out on this rare opportunity! This sale includes 4 buildings and 2 APNS (5536-005-013 & 5536-005-014). All income and expenses are estimated. Buyers and buyers' agent to verify.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Subscriber Non • Non-Participant Office
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