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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.

Overview

Property Status
Sold
Lot Size
0.35 Acres
MLS ID
25492209
Property Type
Multi-Family

Features & Amenities

Stories
2
Garage Spaces
5.0
Parking
Assigned
Heat Type
Other
Air Conditioning
Other
Appliances
Other
Sales Price
$2,500,000
Zoning
LAR3

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5700 La Mirada Ave

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 5700 La Mirada Ave, Los Angeles, CA 90038

5700 La Mirada Ave
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