5633 La Mirada Ave - Apartments FOR SALE


Los Angeles, CA 90038
$1,700,000 USD
213-434-2433
5633 La Mirada Ave, Los Angeles, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/50
null | 5.22% Cap Rate

5633 La Mirada Ave
Los Angeles, CA 90038


HIGHLIGHTS

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

OVERVIEW

Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (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. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, 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 $4500 a month. Close proximity to Silver Lake , Paramount Pictures , Downtown Los Angeles and Hollywood. The Front unit is currently tenant 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

$1,700,000 USD

PRICE/SF

$535 USD /SF

# OF UNITS

3

PRICE/UNIT

$566,667

CAP RATE

5.22%

% 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

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

Max LeeThe Right Realty GroupMore Info
213-434-2433

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