5717 La Mirada Ave - Apartments FOR SALE
Los Angeles, CA 90038 |
5717 La Mirada Ave
Los Angeles, CA 90038
HIGHLIGHTS
- First time on the market in over 40 years
- Located in Hollywood, just south of Fountain Avenue and west of Wilton Place
- A well maintained building featuring a unit mix made up of four one - bedroom units, four two - bedroom/two - bathroom units, and a studio
- The soft - story retrofit for the building has been completed, and features eight on sight parking spaces, and community laundry room
- The true value - add offering is priced north of a 5% CAP rate on actual income, and under 12 GRM, with over 49% additional rental upside
- The subject property is situated a block south fr om the Netflix corporate office on Sunset Boulevard , with many trendy retail shops and restaurants
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7171
STORIES
2
YEAR BUILT
1962
PARKING SPACES
8
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5536-001-012
