6
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$1,870,000
Est. payment /mo
45 Beds
7,494 Sqft Lot
Active
5621 La Mirada Avenue Los Angeles, CA 90038
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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
Listed by Zhu Liu OFFERI
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