5345 La Mirada Avenue is a well-maintained 10-unit multifamily property located in East Hollywood. Built in 1965, the property totals approximately 8,648 SF of living space situated on a 7,500 SF LARD1.5-zoned lot. The three-story building offers a desirable unit mix of 8 (1Br+1Ba) units and 2 (2Br+2Ba) units. The spacious residences average approximately 600 SF for the one-bedrooms and 800 SF for the two-bedrooms, with many featuring laminate flooring, wall A/C units, ceiling fans, ample storage, and attractive city views. Five units have been updated in recent years with newer countertops, bathrooms, and dual-pane windows. Soft-story seismic retrofit completed in 2019. The two end units benefit from windows on three sides, providing exceptional natural light and panoramic views of Hollywood and Downtown Los Angeles. Exterior railing and center front section have been repainted within the last few years. Offered at a 5.96% CAP Rate and 10.86 GRM on current rents, $205,000/unit and $237/SF! This property offers an stable and competitive return at current rents, and a significant upside as units turn over and pro forma rents are achieved.