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

5460 Sierra Vista Ave
Los Angeles, CA 90038
Royal Sierra · Multifamily Property For Sale · 50 Units

Investment Highlights

  • FIRST TIME ON MARKET IN 35+ YEARS: 5460 Sierra Vista has been owned by the same family since 1988.
  • NOTABLE RECENT IMPROVEMENTS COMPLETED: Full copper re-pipe (2017), full window replacement (2024), new exterior paint (2023), and new roof replacement
  • PROXIMITY TO NOTABLE MAJOR EMPLOYERS
  • HIGH ROI ON VALUE-ADD DOLLARS: By completing interior renovations, rental income can be increased by approximately 31%.
  • ONE BLOCK FROM THE ECHELON STUDIOS DEVELOPMENT: Within one block of the highly anticipated Echelon Studios development
  • HOLLYWOOD REMAINS WELL UNDER SUPPLIED & DEVELOPMENT PIPELINE IS DWINDLING

Property Facts

No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 36,030 SF
No. Stories 3
Year Built 1956
Parking Ratio 1.28/1,000 SF
Zoning R3-1 - high density residential

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 14 - -
1+1 30 - -
2+2 6 - -

Property Taxes

Property Taxes

Parcel Number
5536-021-021
Land Assessment
$164,490
Improvements Assessment
$924,333
Total Assessment
$1,088,823
  • Listing ID: 35004123

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 5460 Sierra Vista Ave, Los Angeles, CA 90038

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