5700 La Mirada Ave
los angeles, CA 90038$2,469,000
- 14 BRAPPROX. 8,445 SF
- sold
INTERESTED? LET'S CONNECT
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.
Details
8,445 Sq Ft
0.35 Private Acres Exterior Space
Investment
MLS/Listing ID 25492209
2 Stories
13 Units
Amenities & Features
Parking - Assigned
Heating - Other
Cooling - Other
Listing Courtesy of COLDWELL BANKER REALTY, MARIA SAMOUHA - 310-595-5815

Source of Data: THE MLS