5633 La Mirada Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$1,599,000 USD
213-434-2433
5633 La Mirada Ave, Los Angeles, CA for Sale
$1,599,000 USD
Apartments - FOR SALE
1/50
null | 6.06% Cap Rate

5633 La Mirada Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Close approximity to Netflex - Hollywood
  • Next to 101 Fwy
  • Quite Street

OVERVIEW

THE BACK UNIT, 4 BEDROOMS + 4 BATHROOM UNIT CAN BE DELIVERED VACANT FOR NEW OWNERS TO USE AS THEIR PRIMARY RESIDENCE STARTING SEPTEMBER 1, 2025. SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, COLLECTING $4,500.00 PER MONTH (one for top and one for bottom for separate tenants) 1838 Sq ft. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom) + (2 bedroom / 1 bathroom) units totaling 2,046 Sq Feet generating $5,240 a month. Close proximity to Silver Lake , Paramount Pictures , Downtown Los Angeles and Hollywood. ALL 3 UNITS 100% occupied, please do not disturb the tenants. THIS WILL BE A STABLE CASH COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,000

CAP RATE

6.06%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LAR3

APN/PARCEL ID

5536-002-010

ASK ABOUT THIS PROPERTY

Max LeeThe Right Realty GroupMore Info
213-434-2433

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Max LeeThe Right Realty GroupMore Info
213-434-2433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.