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5622 La Mirada Ave
Los Angeles, CA 90038
9-Units in Hollywood with Remaining Value-Add · Multifamily Property For Sale
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9 Units
Investment Highlights
- Required Seismic Retrofit Work Has Been Completed, Saving a New Investor Significant Capital and Time While Allowing for Future Capital Surcharges
- Located in a Designated Opportunity Zone and May Be Eligible for Preferential Tax Treatment
- Over 16% Remaining Rental Upside Through Further Interior Renovations and Turning the Unrenovated Units
- 90 Walk Score - Walker’s Paradise. Near Hollywood Boulevard, Paramount Studios, Netflix Office, Larchmont Village, and More.
Property Facts
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 6,754 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 0.89/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,754 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 0.89/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 600 |
| 2+1 | 3 | - | 900 |
Property Taxes
| Parcel Number | 5536-004-006 | Improvements Assessment | $1,024,044 |
| Land Assessment | $2,275,657 | Total Assessment | $3,299,701 |
Property Taxes
Parcel Number
5536-004-006
Land Assessment
$2,275,657
Improvements Assessment
$1,024,044
Total Assessment
$3,299,701
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