DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire 5622 La Mirada Avenue. The subject property is a nine-unit multifamily building located in Hollywood, just south of Sunset Boulevard and west of Western Avenue. Hollywood continues catering to young professionals due to its proximity to a vibrant and lively nightlife scene along with trendy retail and coffee shops. La Mirada Avenue is considered a "Walker's Paradise" with a 90 Walk Score and is situated a short distance from highly desirable dining and entertaining destinations. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers (select units), new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with remaining rental upside.
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire 5622 La Mirada Avenue. The subject property is a nine-unit multifamily building located in Hollywood, just south of Sunset Boulevard and west of Western Avenue. Hollywood continues catering to young professionals due to its proximity to a vibrant and lively nightlife scene along with trendy retail and coffee shops. La Mirada Avenue is considered a "Walker's Paradise" with a 90 Walk Score and is situated a short distance from highly desirable dining and entertaining destinations. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers (select units), new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with remaining rental upside.
Amazing opportunity for investors and developers! This exceptional investment and development parcel is nestled in the vibrant core of Hollywood. The lot is zoned R-3, permitting the construction of up to 5 units (buyer to verify). The area is thriving with new developments, reflecting strong demand and ongoing economic growth. It is perfectly located near major industry leaders including Paramount Studios, Netflix, Sunset Gower Studios, and NBC Studios. Additionally, the new "Echelon Studios" complex is set to be completed in 2026. This property boasts an outstanding location. The sale will be conducted as-is. Buyers are encouraged to independently confirm the accuracy of all information through personal inspections and consultations with qualified professionals.
We are pleased to present an unbeatable value add investment opportunity with immense rental upside in the heart of Hollywood! Standing on a +/- 6,504 sq ft. lot on the corner of Lexington Ave and Gordon St is a 6 unit building with 5 UNITS DELIVERED VACANT. There are 2 structures on the lot consisting of a 4 unit building and a duplex. All units are spacious and feature 1920's period details. Consists of six 1 bedroom / 1 bath units. The building has a newer roof, copper plumbing, and separate meters for gas and electric. The vacant units present the perfect opportunity to cosmetically remodel the interiors and achieve market rents. The occupied unit is already rented at close to market. When the vacant units are remodeled and rented, the building will generate approximately $150,288 in gross income and operate at a cap rate of at least 6%. The lot also includes 2 garages and an uncovered parking area, which can be used to build 1 or more ADUs for additional income. Less than 1 mile from the Netflix HQ, Paramount Pictures, and many other entertainment/media companies, the building is in a highly desirable rental market with close proximity to Hollywood attractions, the 101 freeway, and Downtown LA.
Welcome to 6344 Lexington Ave, a beautifully updated property that combines classic charm with modern convenience in the heart of Hollywood. This 3-bedroom, 2-bathroom main house is complemented by a fully equipped studio Accessory Dwelling Unit (ADU), offering endless possibilities for rental income, guest accommodations, or a creative workspace. Step into the main house and discover a thoughtful renovation that includes brand-new electrical, plumbing, and HVAC systems, ensuring comfort and reliability for years to come. The kitchen is a chef’s dream, boasting sleek countertops, custom cabinetry, and new stainless steel appliances. Both bathrooms have been tastefully remodeled with contemporary finishes and fixtures, creating spa-like retreats. The studio ADU adds incredible value, featuring its own private entrance and modern amenities. Perfect for those seeking additional space or an income-generating opportunity. Located Just three blocks south of Sunset Blvd., this prime location places you in the middle of the action for numerous cultural events and Hollywood's most sought-after dining and entertainment spots.
** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,500.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(CURRENTLY VACANT) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,150 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)
Great for a 1031 Exchange replacement/upleg property, or ideal for an Owner/User! Introducing a 4 unit apartment complex located on the popular Melrose Avenue with Commercial Zoning. The owner's 2-bedroom unit will be delivered vacant affording the opportunity for more income, or a wonderful owner/user option. There is a rooftop deck for the owner's unit which offers views of the Hollywood Sign and Griffith Observatory. The rest of the building is vacant and ready to fill with residential or commercial tenants. The building is located in prime Melrose and is only steps away from Larchmont, Paramount Studios, Raleigh Studios and more. Buyer to cooperate with Seller's 1031 Exchange at no expense to buyer. Cash offers only.
Exceptional owner-user potential awaits with this lucrative opportunity. Immerse yourself in the grandeur of this vast property, spanning 8,294 square feet in the lively heart of Hollywood, California. This unique offering includes a captivating front house and two generously sized rear units, each brimming with untapped possibilities. The main residence unfolds with a spacious layout, featuring a total of 10 bedrooms, a meticulously designed kitchen, and 4 modern bathrooms. Simultaneously, the two rear units offer inviting 1-bedroom layouts, equipped with stylish bathrooms, fully appointed kitchens, and the added convenience of separate washer and dryer hook-ups. Parking is abundant, providing 4 covered carport spaces and additional room in the driveway for your utmost convenience. Beyond the property's allure, its strategic location is key. Positioned with precision in proximity to major movie studios, premier shopping destinations, and a plethora of exceptional dining establishments in the heart of Hollywood. Seize this unparalleled opportunity and ensure it doesn't slip away. Whether you're looking for a lucrative investment or a prime owner-user scenario, this property holds the promise of both. Act now to make it yours!
We are pleased to present 5851 La Mirada Ave, a duplex property located in the highly sought-after Hollywood neighborhood. The 2118 SF duplex boasts two separate homes with no common walls and a detached two-car garage. This property is ideal for an owner user. This property is also a 4- 20 Unit Development opportunity. The lot is 7200 square feet, LAR3 Zoned, TOC Tier 1, and has dimensions of 48 x 150. This property is ideally located just minutes from Santa Monica Blvd and Hwy 101, and 15 minutes from downtown Los Angeles.
BRAND NEW 5 UNITS IN PRIME HOLLYWOOD/ HANCOCK PARK. Experience unparalleled contemporary living with this exquisite newly constructed building near the bustling Melrose-La Brea shopping district. Impeccably designed units featuring open floor plans, beautiful flooring, large windows and sliding doors boasting loads of natural light. Bright living rooms and dining rooms, custom kitchens with quartz countertops and stainless steel appliances. Embrace sophisticated design, impeccable finishes, and meticulous attention to detail that define these units. Each unit is equipped with its own laundry, and individually metered for water, gas and electricity. Just minutes away from the finest shopping and dining experiences in Los Angeles. This prime location also offers easy access to public transportation, freeways, and local parks, providing residents with the opportunity to explore the finest attractions that Los Angeles have to offer. In addition to high returns, buyers will enjoy numerous perks including everything brand new, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability. Extraordinary opportunity for an investor to acquire a remarkable asset that is poised to have tremendous appreciation. Artificial Grass is installed which makes landscape maintenance a breeze. A perfect INCOME Property Opportunity for all Investors! ***Not a rent control property*** a dream come true for 1031 exchange buyers!
This unique property offers three units in the highly sought-after Melrose area of Los Angeles, presenting an ideal opportunity for developers or investors. Just one block from vibrant Melrose Avenue, this well-established neighborhood is experiencing rapid growth, making it a perfect time to invest. Take advantage of this rare chance to develop or expand in a location that combines urban convenience with neighborhood charm. Don’t miss out on this fantastic property with endless potential in one of LA’s most desirable areas!
First time on the market in 64 years. Prime location. One-half block from Paramount Studios and within one-half mile north of Larchmont Village which is popular for its shopping and dining facilities. The neighborhood has experienced regentrification with the construction of new projects. R3 zone allows the construction of up to 8 units. Site is designated TOC-Tier 2. Buyer to verify zoning and all permits on record. Property is being sold as-is. Owner reserves the right to conduct a 1031 exchange. Listing agent related to seller.
A triplex in one of the hottest neighborhoods in rapidly changing Hollywood! We are pleased to present 971 N. Wilton Place. 3 existing units in the heart of Hollywood, with on-site parking & a private yard! Potential Owner/Users can enjoy the prospect of development while residing in the embodiment of the Southern California Dream; Hollywood. This RD1.5XL Zoned property boasts the ability to build 5 UNITS BY RIGHT (Small Unit Subdivision), or 8 UNITS utilizing TOC TIER 2, and is in the midst of revitalization and growth. A prime investment opportunity, this building also has a rare feature, in that the back unit was built in 2011, and is not subject to rent control ordinance! (Buyers to confirm with city and are solely responsible for all investigations).Additionally, Owner/Users can fully renovate & live in a unit, while their tenants help pay the mortgage! Walking distance to Paramount Pictures Studio! Buyer to participate in a 1031 Exchange at no extra charge to the buyer.
Great Owner-User Opportunity! Nestled just off Fountain and Highland and a short distance from the Sunset Strip, Fairfax/La Brea, and the Hollywood Hills, this remarkable property is poised to attract discerning tenants with its chic Eastside ambiance, contemporary features, and superbly central location. Residents will enjoy easy access to Hollywood's prime workspaces, entertainment spots, and dining hotspots. The property features two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, all showcasing lively Bohemian flair. Each unit boasts thoughtfully crafted layouts, high-end appliances, sleek European-style cabinetry, quartz countertops, resilient Herringbone-patterned luxury vinyl flooring, stylish vanities, striking tile work, and matte-black fixtures in the bathrooms. All units come equipped with central A/C. The fully landscaped property also includes a charming fenced communal backyard with a classic outdoor fireplace. Notable upgrades include brand new windows, doors, roof, plumbing, sewer, and electrical systems. Additionally, each unit is separately metered for gas, water, and electricity, enhancing investment returns for astute buyers. This is a superb opportunity for owner-users seeking rental income to offset their mortgage or investors aiming to maximize depreciation while securing premium market rents. To be delivered vacant.
Charming 12-Unit Building in the Heart of Hollywood consisting of 3 separate buildings and parcels. Discover the perfect blend of comfort and style with this charming 12-unit building nestled in the vibrant Hollywood neighborhood. This well-maintained property offers a unique opportunity for modern living in one of Los Angeles' most iconic areas. It's situated just moments away from Santa Monica, Hollywood and Sunset Boulevard, you’ll have easy access to a plethora of world-renowned entertainment, dining, and shopping options. The building is designed to cater to a range of lifestyles, offering a mix of two and three bedroom units that attract strong long-term tenants. The property boasts a welcoming community environment with a nicely maintained exterior and well-lit common areas ensure a safe and pleasant living experience for all residents. With its prime location, desirable features and the excellent income to expenses ratio, this building presents an excellent investment opportunity, especially with Hollywood’s dynamic real estate market that promises strong rental demand and potential for future appreciation. This property contains 10 units out of the twelve that are NOT rent controlled by the city of Los Angeles, it also have separate electric and gas meters for each unit. Whether you're seeking a consistent income or an investment for appreciation, this 12-unit building offers an exceptional opportunity to be part of Hollywood's thriving community. Come experience the blend of comfort, style, and convenience that this income-producing property has to offer!
Charming 1919 Victorian Home in Prime Hollywood/Little Armenia – Probate Sale This captivating 3-bedroom, 2-bathroom Victorian residence, built in 1919, sits in the highly coveted Hollywood/Little Armenia neighborhood. Blending historic charm with investment potential, this property offers an excellent opportunity for savvy investors. With a spacious layout and ample potential for an ADU (Accessory Dwelling Unit) expansion, the possibilities are endless. Ideally situated near trendy restaurants, vibrant entertainment, essential amenities, and major freeways, this property provides unmatched convenience. Enjoy being at the heart of it all while owning a piece of Los Angeles history in one of the city's most sought-after neighborhoods. Key Details: Probate Sale – Full authority, with no court confirmation required. Death on Property – July 26, 2022 (disclosure required). Parking – Street parking permits required (buyer to purchase from the city). No Repairs or Home Warranty – Seller will not make any repairs or provide a home warranty. Permits – Uncertain, buyers should verify independently. Offer Process – Seller will not consider blind offers or buyer letters; please schedule viewings with the listing agent. Cross-qualification required prior to final acceptance. Don't miss this rare opportunity to invest in a historic property with significant upside in one of L.A.'s most desirable areas!
5613 Virginia Ave is a 16-unit apartment community located in Hollywood. Situated on a prime location at Virginia Ave and N St Andrews Pl, 5613 Virginia Ave is currently being offered at $193.83/SF and 9.99 GRM on existing income. Built in 1929, 5613 Virginia Ave is a low-rise style building offering (5) Studio/One-Bathroom units and (11) One-Bedroom/One-Bathroom units.
5837 Willoughby Ave. JUST SOLD DOWN THE BLOCK 2-Units for $1,300,000. 5816 Willoughby Avenue, a 3-unit multifamily investment OR Development opportunity located in perhaps one of the strongest submarkets in Los Angeles, Hollywood, CA. The property is situated in one of the trendiest locations in Los Angeles, sitting just North of Melrose Ave, sandwiched between Vine Street and Gower Street. The property currently features 2,254 square feet of gross rentable area, situated on a 6,491-square foot lot. The 3-unit building is composed of 3 two-bedroom/one-bathroom units and offers gated parking for tenants. 5816 Willoughby Avenue offers tenants excellent proximity to some of Los Angeles' finest amenities such as the Sunset Strip, Wilshire Country Club, Melrose Avenue, Restaurants on La Brea, the world renowned shopping center, The Grove and others. Nearby grocers include Trader Joe's, Pavilions and Sprouts. Local dining options include Alfalfa, Osteria, Great White, Ramen Melrose, The Common Good, Stir Crazy and many more. Due to the property's premier location, 5816 Willoughby Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset or develop a completely new product in the heart of Central Hollywood* Opportunity: As Is build (2) Detached ADU's OR Redevelop into 8-Units OR Redevelop into 8-Units and add (2) ADU's *Buyer to Verify*
1223 N June St is an ultra-premium 50% LEASED 2024 fourplex located in A+++ Hollywood proper, just steps from the iconic Hollywood Blvd! This fourplex is ready to close now: a dream come true for 1031 exchange buyers! 1223 N June St is made up of two large 4-bedroom tri-level townhome style units (one currently leased at $6,295) and two equally as impressive 3-bedroom tri-level townhome style units, both boasting massive rooftop decks! The property features 8 parking spots comprised of 4 garage spaces,1 exterior space and 2 bonus exterior spaces. The excellent location, paired with the upscale modern units, and sprawling rooftop deck views of the city will make for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, MASSIVE rooftop decks with Hollywood Sign views, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
Gorgeous duplex in the city of Hollywood. Fully remodeled units, Featuring 2 bedrooms and 2 bathrooms in each unit, Stainless steel appliances, wooden floors throughout. The duplex offers spacious living areas designed for comfort and style. Meticulously renovated to the highest standards, each unit of this duplex exudes modern luxury and sophistication. A unique feature of this property is the garage, offering potential for an Additional Dwelling Unit (ADU), providing versatility and added value to this already exceptional property. Whether you're looking for a luxurious residence or a savvy investment opportunity, this Hollywood duplex is sure to exceed your???????????????????????????????????????? expectations.
Charming Contemporary style 5-units apartment building in the prestigious and desirable location in Hollywood area! This two buildings comprises of the front building with 4-units each with two bedrooms, two bathrooms and also the rear building with 1-unit with one bedroom, one bathroom on the top of the 4-car garage/ storage and 5 assigned parking spaces in the open communal parking area. The units offer large living /dining area with bright kitchen with granite countertops and spacious breakfast area. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. Easy access to 101 Freeway and close proximity to all the main shopping centers and restaurants and between Santa Monica Blvd and Sunset Blvd by Wilton and Western Ave. Great value. Enjoy the Hollywood Lifestyle and the views of Hollywood Sign!
The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and office. Entitlements in hand include: ABC 41 License for the sale of beer and wine, ABC 58 license for alcohol sales through catering, Public Health Permit, CUP (Conditional Use Permit) from the City of Los Angeles for operating a restaurant in a residential zone, CUP for beer and wine sales, and a Police Commission Permit. The duplex is a separate building comprised of one unit up ($3,500/month actual rent), one unit down ($2,595/month actual rent), two bedrooms/one bath each. Just down the street from Rao's Hollywood, Starbucks, Osteria and Pizzeria Mozza in the middle of the Hollywood Media District! Perfect setup for success. Whether you want to be the next Jackson Market and Deli, Marie et Cie, or have your own new and vibrant idea -- this is your opportunity! ***Do not enter prope
5806La Mirada Ave, a value add multifamily investment opportunity inHollywood located between N Van Ness Ave & N Bronson Ave. The subject property is 100% occupied and totals eight units, allone-bedrooms; rents are below market with over 39% upside asunits turn. There are four carports at the rear of the property along withthree additional parking spaces; an on-site community laundryroom with one washer and one dryer allows ownership to collectadditional income; gas and electricity are also separately meteredand tenants pay for trash removal. 5806 La Mirada Ave boasts a high walk score of 87 and is three blockseast of Sunset Gower Studios and just south of Netflix o n S unsetBlvd; there are plentiful retail amenities close to Santa Monica Blvd and Sunset Blvd. Hollywood remains one of the strongest rental submarkets in the cityand an attractive area to acquire property due to its close proximityto nearby neighborhoods such as Larchmont Village, Hancock Park,Los Feliz, West Hollywood, La Brea, and Koreatown
2nd Price reducetion. Also see remark on the property 6416 La Mirada Avenue. COE must be concurrent with the 6416 La Mirada Avenue.
2nd price reduction.The Spanish buildings, situated in the heart of Hollywood, surrounded with many new high rises and CNN iconic building. The property is adjacent to the 6410 La Mirada with separate APN number and must be sold and close concurrently. The opportunities are endless. From ADUs to new constructions with high densities or simply hold as an investment portfolio. These properties carrying good mix units; the 6410 is consist of 3+2, 2+1, 1+1, 1+1 (offering at $1.6 Mil, with second price was reduction) and the 6416 is consist of 2+2 1/2, 1+1, 1+1. 1+1, 1+1. All units are occupied except 3+2 unit. Leases are M to M. 40% upside in rent. Separate meters for Gas and electricity; each unit has its own water heater. some units have washer/dyers or just a hook-up. One of the seller is DRE licensees. Buyer must cooperate with seller's 1031 exchange at no coast to buyer. Measurements are estimated, buyers to investigate and verify the measurements, potential future developments, city ordinance, permits requirements and relay on his/hers own source for the accuracies thereto. some seismic work was done on one of the building. Broker, agent and sellers will not be responsible for any discrepancies. Neighboring Larchmont Village, Hancock Park, Los Feliz, West Hollywood, La Brea, and Koreantown Do not disturb the tenants, they are not aware of the sales. Showing by appointment only and upon acceptance of an offer. The properties being sold in AS IS condition with NO SELLERS' WARRANTY and/or repairs. Sellers will select the service.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90038 has a population of 3,902,440. Los Angeles 90038 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90038 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90038 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.