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$ 2,469,000
Est. payment /mo
Active
5700 La Mirada Avenue Los Angeles, CA 90038
8,445 SqFt
UPDATED:
02/16/2025 09:40 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,445 sqft
Price per Sqft $292
MLS Listing ID CL25492209
HOA Y/N No
Lot Size 0.347 Acres
Acres 0.35
Property Sub-Type Other
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
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5536005013
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Listed by Maria Samouha • Coldwell Banker Realty