5621 La Mirada Avenue, Los Angeles, CA 90038
5621 La Mirada Avenue, Los Angeles, CA 90038
5621 La Mirada Avenue, Los Angeles, CA 90038
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$1,870,000
Est. payment /mo
45 Beds
47 Baths
7,494 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25257943

Bedrooms 45

Lot Size 7,494 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathroomsideal for young professionals or transitional housing program. Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Exit from Sunset Boulevard on 101 freeway

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 4

Level or Stories 4

Others

Senior Community No

Tax ID 5536002012

Acceptable Financing Cal Vet, Cash, Exchange

Listing Terms Cal Vet, Cash, Exchange

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MLS Router / San Diego MLS
Listed by Zhu Liu, DRE#02116709 Pinnacle Real Estate Group 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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5621 La Mirada Avenue