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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

    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.

    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#: 25519939MLS Logo

    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

    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

    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