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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

Downloads

5700 La Mirada Ave

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

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5700 La Mirada Ave
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