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Listed by: Max Lee (213) 434-2433 DRE #01905008 | Real Broker (619) 663-8680
$1,499,000
9 Beds
- 6 Baths
3,884sqft
5633 La Mirada Ave, Los Angeles, CA 90038
$1,499,000
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Multi Family
Built in 1915
$-- HOA
6,284 sqft lot
$386/sq.ft
Description
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flowNewly remodeled rear structure Potential future unit splitTier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This I...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
3,884 sqft
Lot Size
6,284 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26870029
MLS Status
Active
Days on Market
17
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