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5806 La Mirada Avenue
Los Angeles, CA 90038
5806La Mirada Ave, a value add multifamily investment opportunity inHollywood located between N Van Ness Ave & N Bronson Ave. The subject property is 100% occupied and totals eight units, allone-bedrooms; rents are below market with over 39% upside asunits turn. There are four carports at the rear of the property along withthree additional parking spaces; an on-site community laundryroom with one washer and one dryer allows ownership to collectadditional income; gas and electricity are also separately meteredand tenants pay for trash removal. 5806 La Mirada Ave boasts a high walk score of 87 and is three blockseast of Sunset Gower Studios and just south of Netflix o n S unsetBlvd; there are plentiful retail amenities close to Santa Monica Blvd and Sunset Blvd. Hollywood remains one of the strongest rental submarkets in the cityand an attractive area to acquire property due to its close proximityto nearby neighborhoods such as Larchmont Village, Hancock Park,Los Feliz, West Hollywood, La Brea, and Koreatown
PROPERTY INFORMATION
| MLS # | 24397255 | Lot Size | 7,503 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,650,000
Price Per SqFt: $ 301 |
DOM | 341 Days |
| Address | 5806 La Mirada Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 5,481 Sq. Ft. |
| Postal Code | 90038 | Garage | N/A |
| County | Los Angeles | Year Built | 1954 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1954 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | No |
| Heating Information | None |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,760
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/08/2024 | Active | $1,675,000 |
| 05/08/2024 | Price Change (Relisted) | $1,675,000 (-6.69%) |
| 05/08/2024 | Listed | $1,875,000 |
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Listing provided courtesy of Neema Ahadian, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
