CA > Los Angeles
Los Angeles, CA 90038,5757 La Mirada AVE
Los Angeles, CA 90038,5757 La Mirada AVE
Los Angeles, CA 90038,5757 La Mirada AVE
Los Angeles, CA 90038,5757 La Mirada AVE
Los Angeles, CA 90038,5757 La Mirada AVE
Los Angeles, CA 90038,5757 La Mirada AVE
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Steven Shearrill

Steven Shearrill

LPT Realty

+1(619) 368-7141
$ 3,995,000
Est. payment | /mo

18 Beds

20 Baths

14,298 SqFt

Save
$ 3,995,000
Est. payment | /mo
Save

18 Beds

20 Baths

14,298 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,298 sqft

Price per Sqft $279

MLS Listing ID 25519939

Bedrooms 18

HOA Y/N No

Year Built 1954

Lot Size 0.341 Acres

Property Description

This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood's top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood's thriving rental market and this property's strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles' most sought-after submarkets.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Parking Features Carport

Garage Spaces 2.0

Garage Description 2.0

Pool None

Attached Garage No

Total Parking Spaces 11

Private Pool No

Building

Faces South

Story 2

Entry Level Two

Foundation Raised

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5536001012

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Saadia 'Sam' Liberow • Marcus & Millichap
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+1(619) 368-7141

steven.shearrill@gmail.com

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5757 La Mirada AVE