5806 La Mirada Ave | Los Angeles, CA 90038
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5806 La Mirada Ave
Los Angeles, CA 90038
Multifamily Property For Sale · 8 Units
Executive Summary
The Neema Group of Marcus & Millichap is pleased to present 5806 La Mirada Ave, a value add multifamily investment opportunity in Hollywood located between N Van Ness Ave & N Bronson Ave
The subject property is 100% occupied and totals eight units, all one-bedrooms.
There are four carports at the rear of the property along with two additional parking spaces; an on-site community laundry room with
one washer and one dryer allows ownership to collect additional income; gas and electricity are also separately metered and tenants
pay for trash removal
5806 La Mirada Ave boasts a high walk score of 87 and is three blocks east of Sunset Gower Studios and just south of Netflix on Sunset
Blvd; there are plentiful retail amenities within walking distance on Santa Monica Blvd and Sunset Blvd
Hollywood remains one of the strongest rental submarkets in the city and an attractive area to acquire property due to its close proximity
to nearby neighborhoods such as Larchmont Village,Hancock Park, Los Feliz, West Hollywood, La Brea, and Koreatown
The subject property is 100% occupied and totals eight units, all one-bedrooms.
There are four carports at the rear of the property along with two additional parking spaces; an on-site community laundry room with
one washer and one dryer allows ownership to collect additional income; gas and electricity are also separately metered and tenants
pay for trash removal
5806 La Mirada Ave boasts a high walk score of 87 and is three blocks east of Sunset Gower Studios and just south of Netflix on Sunset
Blvd; there are plentiful retail amenities within walking distance on Santa Monica Blvd and Sunset Blvd
Hollywood remains one of the strongest rental submarkets in the city and an attractive area to acquire property due to its close proximity
to nearby neighborhoods such as Larchmont Village,Hancock Park, Los Feliz, West Hollywood, La Brea, and Koreatown
PROPERTY FACTS
| Price Per Unit | $296,268 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 5,481 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1954 |
| Apartment Style | Low Rise | Parking Ratio | 1/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price Per Unit | $296,268 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,481 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Car Charging Station
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 5534-019-017 | Improvements Assessment | $538,648 CAD |
| Land Assessment | $798,008 CAD | Total Assessment | $1,336,656 CAD |
PROPERTY TAXES
Parcel Number
5534-019-017
Land Assessment
$798,008 CAD
Improvements Assessment
$538,648 CAD
Total Assessment
$1,336,656 CAD
zoning
| Zoning Code | R3, Los Angeles |
| R3, Los Angeles |
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