5742 La Mirada Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$1,195,000 USD
818-380-5294
5742 La Mirada Ave, Los Angeles, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/12
null | 4.82% Cap Rate

5742 La Mirada Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Charmin duplex built in 1917
  • Two (2) two-bed/one-bath units & three (3) parking spaces
  • Approx. 2,574 SF of living space on a 7,500 SF LAR3-zoned lot
  • Rated “Very Walkable” with a score of 83
  • Adjacent property at 5736 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

5742 La Mirada Ave is a charming duplex located in the desirable Hollywood Studio District! Built in 1917, the property offers approximately 2,574 square feet of living space on a 7,500 square foot LAR3-zoned lot. The property is comprised of two (2) one-bed/one bath units. 5742 La Mirada Ave features three (3) parking spaces and is gated for added security. The adjacent property at 5736 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). 5742 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. 5742 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

$464 USD /SF

# OF UNITS

2

PRICE/UNIT

$597,500

CAP RATE

4.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

LAR3

APN/PARCEL ID

5536-005-021

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.