5621 La Mirada Avenue, Los Angeles, California 90038

  • $1,870,000
5621 La Mirada Avenue, Los Angeles, CA 90038
Active
5621 La Mirada Avenue, Los Angeles, California 90038
5621 La Mirada Avenue, Los Angeles, CA 90038
  • $1,870,000

Description

RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program. Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife, Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.

  • Address 5621 La Mirada Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90038
  • Country US

Details

Updated on February 24, 2026 at 7:34 pm
  • Property ID: OC25257943
  • Price: $1,870,000
  • Property Size: 13635 Sqft
  • Land Area: 0.172 Acres
  • Year Built: 1920
  • Property Type: Duplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Cal Vet Loan, Item1031Exchange
  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Biking

Contact Information

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