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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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Zhu Liu • Pinnacle Real Estate Group
$1,870,000
Est. payment /mo
13,635 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 13,635 sqft

Price per Sqft $137

MLS Listing ID OC-25257943

Year Built 1920

Lot Size 7,494 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

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 bathrooms—ideal 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

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Central

Fireplaces Type See Remarks

Laundry Gas Dryer Hookup

Exterior

Pool None

Community Features Biking

View Y/N No

View None

Building

Lot Description Back Yard

Sewer Private Sewer

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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