5700 La Mirada Avenue, Los Angeles, CA 90038

About this property

Highest Cap rate, Lowest GRM ! Exceptional chance to own a multifamily property in a thriving Hollywood location, surrounded by multimillion-dollar developments. This offering includes both 5700 La Mirada and 5704 La Mirada Ave,.4 buildings,13 units across 15,000 sq. ft. of R3-zoned land, providing immediate rental income (estimated 7% cap) and future development potential. Nine units have been remodeled, enhancing value and appeal. Whether you're looking to maximize returns now or pursue a larger redevelopment project, this prime location offers incredible growth potential. Don't miss out on this rare opportunity! This sale includes 4 buildings and 2 APNS (5536-005-013 & 5536-005-014). All income and expenses are estimated. Buyers and buyers' agent to verify.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,500,000

Sold May 2025 · listed $2,469,000, on market February 2025 · MLS #25492209 · Source: CRMLS

Listing Agent: Maria Samouha · Listing Office: Coldwell Banker Realty · Contact: 310-777-6200 · Bought with: Subscriber Non · Non-Participant Office

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