CA > Los Angeles
Los Angeles, CA 90038,5621 La Mirada AVE
Los Angeles, CA 90038,5621 La Mirada AVE
Los Angeles, CA 90038,5621 La Mirada AVE
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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Mathios Yonan

Mathios Yonan

+1(619) 254-9669
$ 1,870,000
Est. payment | /mo

7,492 Sqft Lot

Save
$ 1,870,000
Est. payment | /mo
Save

7,492 Sqft Lot

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
Mathios Yonan

+1(619) 254-9669

yonanmathios@gmail.com

La Mesa: 9555 Grossmont Summit Drive, Mesa, CA, 91941

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5621 La Mirada AVE