Los Angeles, CA 90038 5622 La Mirada Avenue

5622 La Mirada Avenue Los Angeles, CA - Image 15622 La Mirada Avenue Los Angeles, CA - Image 25622 La Mirada Avenue Los Angeles, CA - Image 3
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Presented By: Sean Rosenzweig with Marcus & Millichap;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25477187
  • 01/06/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 9
  • SQFT • 6,754

Home Details

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire 5622 La Mirada Avenue. The subject property is a nine-unit multifamily building located in Hollywood, just south of Sunset Boulevard and west of Western Avenue. Hollywood continues catering to young professionals due to its proximity to a vibrant and lively nightlife scene along with trendy retail and coffee shops. La Mirada Avenue is considered a "Walker's Paradise" with a 90 Walk Score and is situated a short distance from highly desirable dining and entertaining destinations. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers (select units), new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with remaining rental upside.
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 5622 La Mirada Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 5622 La Mirada Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.63
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Santa Monica Boulevard and East of Wilton Place
Full Baths
Garage Y/NNo
Gross Income198906.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income123890.0
New ConstructionNo
Number Of Units Total9
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1958
Year Built SourceAssessor
ZoningLAR3

Exterior for 5622 La Mirada Avenue

Building Area Total6754.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x150
Lot Size Acres0.1722
Lot Size Area7500.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,200,000
MLS#25477187
List Date 01/06/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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