5736 La Mirada Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$1,195,000 USD
818-380-5294
5736 La Mirada Ave, Los Angeles, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/11
null | 2.74% Cap Rate

5736 La Mirada Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Charmin triplex built in 1951
  • Three (3) one-bed/one-bath units & five (5) parking spaces
  • Approx. 2,375 SF of living space on a 7,500 SF LAR3-zoned lot
  • Rated “Very Walkable” with a score of 83
  • Adjacent property at 5742 La Mirada Ave also available for sale and can be purchased separately or together
  • Combined lots total approximately 15,000 SF with the potential to build two (2) additional ADUs per lot (Buyer to verify)

OVERVIEW

5736 La Mirada Ave is a charming triplex located in the desirable Hollywood Studio District! Built in 1951, the property offers approx. 2,375 square feet of living space on a 7,500 square foot LAR3-zoned lot. The property is comprised of three (3) one-bed/one-bath. 5736 La Mirada Ave features five (5) parking spaces and is gated for added security. The adjacent property at 5742 La Mirada Ave is also available for sale and may be purchased separately or together, offering a combined lot size of approximately 15,000 SF and the potential to develop up to two (2) additional ADUs on each lot (buyer to verify). 5736 La Mirada Ave is ideally situated near the intersection of Sunset Blvd and N Van Ness Ave, the property benefits from its location within Hollywood's established studio and entertainment district. 5736 La Mirada Ave is surrounded by major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals including Netflix, Sunset Gower Studios, and Sunset Bronson Studios and Hollywood Presbyterian Medical Center. Rated "Very Walkable" with a Walk Score of 83, the property offers convenient access to the shopping, dining, and entertainment options along Santa Monica Blvd, Sunset Blvd. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. The property is also half a mile away from future Echelon Studios, a 550,000-square-foot mixed-use development featuring new production studios, office space, and retail. Residents further benefit from numerous public transportation options, as well as convenient access to the Metro B Line and the 101 Freeway, providing connectivity throughout Los Angeles.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$503 USD /SF

# OF UNITS

3

PRICE/UNIT

$398,333

CAP RATE

2.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,423 SF

ZONING

LAR3

APN/PARCEL ID

5536-005-020

ASK ABOUT THIS PROPERTY

Nicole ApostolosEquity Union Real EstateMore Info
818-380-5294

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Nicole ApostolosEquity Union Real EstateMore Info
818-380-5294

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