Closed Listing
26 Units in Hollywood @ 10.50 GRM & 5.73% CAP
5703 la mirada ave
sold in
Hollywood
Sold At
$
2,875,000
26
Number of Units
1962
Year Built
18,201
SF
Square Footage
15,002
SF
Lot Size
N/A
Zoning
5703 La Mirada Ave, Los Angeles, CA 90038
About the Property
5703 La Mirada is a 26 unit building consisting of (2) 2 bedroom 2 bathrooms, (2) 2 bedrooms 1 bathrooms, (20) 1 bedroom 1 bathrooms, (2) Studios, and (1) Non-conforming Bachelor unit. The building is 14,999 sqft and sits on a 18,201 sqft lot. There is approximately 39% upside in rents. There are 26 gated covered parking spaces (1 per unit). The building has on-site laundry facilities and storage are that can generate additional income. Three units are currently vacant.
5703 La Mirada Ave.
Hollywood / East Hollywood / Los Feliz
Offering Price
$2,875,000
Number of Units
26 Units
Price per. Unit
$110,577
Bldg. Size
18,201 SF
Price per Foot
$158
Lot Size
15,002 SF
Year Built
1962
Current CAP
5.73%
Market CAP
7.45%
Zoning
N/A
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$110,577
Price p/ Sq. ft.
$158
Proforma Cap Rate
7.45%
Contact
Sales agent
Related
Closed Listings
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