Los Angeles, CA 90038,5652 La Mirada AVE
Los Angeles, CA 90038,5652 La Mirada AVE
Los Angeles, CA 90038,5652 La Mirada AVE
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$8,000,000
Est. payment /mo
32 Beds
32 Baths
9,424 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,424 sqft

Price per Sqft $848

MLS Listing ID OC25257063

Bedrooms 32

Full Baths 24

Three Quarter Bath 8

HOA Y/N No

Year Built 2025

Lot Size 7,501 Sqft

Property Sub-Type Duplex

Property Description

Annual rent income will be $720,000, gross profit will be about 9%.

Excellent Master Lease opportunity for Investors! This is a brand new Co-Living building constructed in 2025, with 32 bedrooms all with Private En-suite Bathrooms spread across 3 large modern units. Each bedroom can be rented for $1,875 a month. The first unit is 3 stories with 10 bedrooms & 10 ensuite bathrooms, washer/dryer on each floor, and the common kitchen is located on the second floor. The second unit is 3 stories with 18 bedrooms with 18 ensuite bathrooms with one shared kitchen. The third unit can be rented out completely by one family since it is single-story and offers 4 bedrooms with 4 ensuite bathrooms plus an additional ADA compliant bathroom. The bedrooms provide tenants with utmost privacy and comfort with their own Private En-Suite bathrooms, central air conditioning, washer dryer laundry on each floor, full closets, shared kitchens and living rooms! This co-living environment is perfect for young professionals, students, and anyone looking for an affordable living situation in an upscale brand new building. This is one of the newest buildings completed in 2025 located 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. This is a great property for all types of tenants. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. Open to all Master Lease options looking to rent all 32 bedrooms with a reputable housing company. Currently a Master Lease with the government Program is pending. If you are interested in purchasing this property, please send your offer and POF to the listing agent's email.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Rooms

Main Level Bedrooms 9

Interior

Interior Features Bedroom on Main Level

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Dwelling Type Duplex

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5536004021

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Cal Vet Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Cal Vet Loan, 1031 Exchange

Special Listing Condition Standard


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CRMLS – RECore
Listed by Zhu Liu OFFERI 626-233-3077

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Ivan Perez

Ivan Perez

+1(818) 242-6422

Broker Associate | License ID: 01952891

Broker Associate License ID: 01952891

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