A row of palm trees in front of a building at 5703 la mirada, with a clear blue sky above and a street view.

Multifamily listing

5703 la mirada

sold in

Hollywood

26 Units in East Hollywood Sold @ 14.32 GRM

Sold At

$

5,600,000

26

Number of Units

1962

Year Built

18,201

SF

Square Footage

14,999

SF

Lot Size

LAR3

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.

26

Number of Units

1962

Year Built

18,201

SF

Square Footage

14,999

SF

Lot Size

LAR3

Zoning

5703 La Mirada Ave.
Hollywood / East Hollywood / Los Feliz

Listed Price

$

Number of Units

26 Units

Price per. Unit

$215,385

Bldg. Size

18,201 SF

Price per Foot

$308

Lot Size

14,999 SF

Year Built

1962

Current CAP

4.07%

Market CAP

6.87%

Zoning

LAR3

Download the OM to view Property Highlights, Financials & Sales Comparables

Price P/ Unit

$215,385

Price p/ Sq. ft.

$308

Proforma Cap Rate

6.87%

Contact

Sales agent

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A pathway lined with palm trees at 5703 la mirada, leads to a landscaped area with greenery.
A pathway lined with palm trees at 5703 la mirada, leads to a landscaped area with greenery.
A pathway lined with palm trees at 5703 la mirada, leads to a landscaped area with greenery.
A pathway lined with palm trees at 5703 la mirada, leads to a landscaped area with greenery.
Staircase at 5703 la mirada, leading to a light-filled area with mailboxes and greenery visible through large windows.
Staircase at 5703 la mirada, leading to a light-filled area with mailboxes and greenery visible through large windows.
Staircase at 5703 la mirada, leading to a light-filled area with mailboxes and greenery visible through large windows.
Staircase at 5703 la mirada, leading to a light-filled area with mailboxes and greenery visible through large windows.
A modern courtyard at 5703 la mirada, featuring a green tree and a sleek glass staircase between two buildings.
A modern courtyard at 5703 la mirada, featuring a green tree and a sleek glass staircase between two buildings.
A modern courtyard at 5703 la mirada, featuring a green tree and a sleek glass staircase between two buildings.
A modern courtyard at 5703 la mirada, featuring a green tree and a sleek glass staircase between two buildings.
View of an open courtyard between two motel-style buildings at 5703 la mirada, with palm trees and a staircase.
View of an open courtyard between two motel-style buildings at 5703 la mirada, with palm trees and a staircase.
View of an open courtyard between two motel-style buildings at 5703 la mirada, with palm trees and a staircase.
View of an open courtyard between two motel-style buildings at 5703 la mirada, with palm trees and a staircase.

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628