5700 La Mirada Ave

los angeles, CA 90038

$2,469,000

  • 14 BR
    APPROX. 8,445 SF
  • sold

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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

CLAW

Source of Data: THE MLS

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