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$2,500,000
33 Days Online

5345 La Mirada Avenue
Los Angeles, CA 90029

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Cynthia Burts of Burts & Associates 310-308-8003

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310-995-6273
5345 La Mirada Avenue5345 La Mirada Avenue5345 La Mirada Avenue5345 La Mirada Avenue
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Monthly Payment (Est.)

$11,406
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The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. The building is separately metered for both gas and electricity. There are remote security cameras throughout the property that allow ownership 24-hour viewing access. There is an excellent ADU opportunity for this deal with the (8) large tandem parking spaces in the ground-level parking area. In addition, there is a large owner unit-type space that could easily be converted into an ADU space. This is an incredible opportunity to take advantage of LA's need to add more housing and increase capital through building ADUs on land you already own. The property is located in a quiet Hollywood neighborhood that features easy access to transportation, shopping, schools, and major Hollywood attractions. Just down the block is the La Mirada city park which is ideal for kids and a quiet break from city life. There is also ample street parking for visitors or guests. Enjoy the fun and excitement of Hollywood while owning in a quiet Hollywood neighborhood area. There is easy access to the Santa Monica and Hollywood Blvd 101 Freeway off-ramps and exits.

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Listing Snapshot
Price 
$2,500,000
Days Online 
33 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,646 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1965
MLS® Number 
SR24057433
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking 
AssignedControlled EntrancePaved
Parking Spaces 
18
Sewer 
Public Sewer
Number of Stories 
3
Acreage 
0.1722
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
16
Zoning 
LARD1.5
Listing Conditions 
Standard
Interior Features
Cooling 
Wall Window Units
Heating 
Wall Furnace
Flooring 
TileWood
Laundry Features 
Common AreaInside
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Exterior Features
Pool Features 
None
Lot 
GardenLevelRectangular Lot
Community Features
Community Features 
CurbsStorm DrainsStreet LightsSidewalksUrban
Senior Community 
No
MLS Area 
C20 - Hollywood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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