Los Angeles, CA 90038 5621 La Mirada Avenue
$2,170,000
Presented By: Zhu Liu with Invesloop Realty Inc; 626-233-3077
Beds • 45
Baths • 47
SQFT • 13,635
Year Built • 1920
Home Details
Prime Development Opportunity in the Center of Hollywood! Incredible opportunity to develop apartment just minutes from Netflix! This property offers significant upside with potential for high-density residential units (can be build 45 bedrooms 47 bathrooms, permit is ready, you can start anytime). Located in a rapidly growing area with strong rental demand, it’s perfect for developers and investors looking to capitalize on the booming Hollywood market. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Don’t miss this chance to build in one of LA’s hottest neighborhoods. Seller will be doing a 1031 exchange. Contact us for details!
Presented By: Zhu Liu with Invesloop Realty Inc; 626-233-3077
Interior Features for 5621 La Mirada Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesSeeRemarks
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesGasDryerHookup
Total Stories1
Other Rooms
Entry Level1
General for 5621 La Mirada Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking
CoolingCentralAir
CountyLos Angeles
DirectionsExit from Sunset Boulevard on 101 freeway
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income900000.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Amount0.0
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, CalVetLoan, Exchange1031
Lot Size Square Feet7494.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income810000.0
New ConstructionNo
Number Of Units Total1
Operating Expense90000.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPrivateSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot14
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built1920
Year Built SourcePublicRecords
ZoningLAR3
Exterior for 5621 La Mirada Avenue
Building Area Total13635.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard
Lot Size Acres0.172
Lot Size Area7494.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$2,170,000
MLS#OC25097200
List Date
05/01/2025
Property Type
Multi-Family
Phone
(562) 537-4182
