This Land Property is no longer advertised on LoopNet.com.

4603 La Mirada Ave
Los Angeles, CA 90029
Lyman & La Mirada · Land For Sale · 0.30 AC

Investment Highlights

  • 1st Time on Market in 45+ Years!
  • Both Parcels Sold Together.
  • Property will be Delivered Vacant.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.30 AC
Zoning LARD 1.5XL

Description

Lyman & La Mirada is a fully vacant 9 Unit property located in the heart of East Hollywood directly across the street from the Ronald McDonald House and walking distance to Hollywood Presbyterian Hospital & Children’s Hospital (CHLA). This investment offers an owner occupier, investor, or experienced developer a chance to achieve the highest & best use for this corner lot in a highly dense rental market. The property is comprised of two parcels totaling 5,082 SF building size with 3 units in the front and a 6 unit building in the back that’s all 1bd/ 1bath. And with a large detached garage and ample parking, there is potential for an ADU conversion. The entire property will be delivered vacant at close of escrow, allowing a new owner to collect rents while working through potential entitlement plans. The buildings were originally built in 1922 & 1953 and sits on a total corner lot size of 12,851 SF for future development potential. Amazing Location in East Hollywood directly across the street from Ronald McDonald House, walking distance to Hollywood Presbyterian, Children’s Hospital, Kaiser Permanente Sunset, Barnsdall Park, Metro Station, and near Los Feliz, Sunset Junction, Virgil Village, Little Armenia, Thai Town, Griffith Park, Trendy Restaurants & Shops.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5542-018-014
  • 5542-018-015
Land Assessment
$2,191,394
Improvements Assessment
$939,168
Total Assessment
$3,130,562
  • Listing ID: 24492227

  • Date on Market: 11/15/2021

  • Last Updated:

  • Address: 4603 La Mirada Ave, Los Angeles, CA 90029

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}