Los Angeles, CA 90038,5700 La Mirada Avenue
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Los Angeles, CA 90038,5700 La Mirada Avenue
Los Angeles, CA 90038,5700 La Mirada Avenue
Los Angeles, CA 90038,5700 La Mirada Avenue
Los Angeles, CA 90038,5700 La Mirada Avenue
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$ 2,469,000
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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


Bridge MLS
Listed by Maria Samouha • Coldwell Banker Realty
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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5700 La Mirada Avenue