Property Type:Single Family Residence
On Site:363 Days
Lot Size:0.17 Acres
Location! Location! Location! This 20,000 sqft Developers dream is walking distance to large multination companies such as; Netflix, Capitol Records, LA Film School, Sunset Bronson Studios, Emerson College and coming soon The Hollywood Central Park. The 3 adjacent lots are within the La Mirada cul de sac, which may become a gateway into The Hollywood Central Park and rezoned to Hotel & other R4 uses (do your own Due Diligence), currently it is zoned R3 with a Ready To Issue Permit for 34 units (majority of planned units are 2+2) with the TOC Tier 3 benefits build upto 50 units, architectural plans available. The apartment rental market has skyrocketed in recent years, currently 2+2 are renting between $4K to $6K yielding great cash flow and high ROI & with LA hosting the 2026 Olympics there is no end in site. This prop is walking distance to LA's best schools, restaurants, entertainment centers & billion dollar projects all around during the revitalization of Hollywood.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:5530 La Mirada Avenue Los Angeles, CA 90038
Total Units: 2
Features / Amenities
Total Sq. Ft.:748
Floor Material: See Remarks
Rooms: Living Room
Common Walls: No Common Walls
Lot Size: 0.17 Acres / 7500 Sq. Ft.
Lot Features: Planned Unit Development
View: See Remarks
Directions:Starting from the southeast corner of St. Andrews Pl & La Mirada Ave, within the cul de sac, 3 adjacent properties.
Tax and Financial Info
Land Lease: No
WALKING AND TRANSPORTATION
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Listing Information Last Updated 10/14/2019
Listing provided courtesy of Hakop Taglyan, Butlered Real Estate Brokerage.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/14/2019. 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. 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, 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.