This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood's top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood's thriving rental market and this property's strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles' most sought-after submarkets.
Sold for $3,950,000 on 06/04/25
$3,950,000
5757 La Mirada Ave, Los Angeles, CA 90038
18beds
20baths
14,298sqft
Multi Family
Built in 1954
-- sqft lot
$3,923,200 Zestimate®
$276/sqft
$2,079 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 05, 2025 at 06:41am
Listed by:
Saadia 'Sam' Liberow DRE # 01933858 718-406-3128,
Marcus & Millichap 818-212-2700
Bought with:
Saadia 'Sam' Liberow, DRE # 01933858
Marcus & Millichap
Source: CLAW,MLS#: 25519939

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 20
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater Unit
- Laundry: Laundry Area
Features
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 14,298
- Total interior livable area: 14,298 sqft
Property
Parking
- Total spaces: 11
- Parking features: Carport, Garage Is Detached
- Garage spaces: 2
- Has carport: Yes
- Covered spaces: 9
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Pool features: None
- Spa features: None
Lot
- Size: 0.34 Acres
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 5536001012
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Raised
Condition
- Year built: 1954
Community & neighborhood
Location
- Region: Los Angeles
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$3,923,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,923,200