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5621 La Mirada AvenueLos Angeles, CA 90038

For Sale

$1,870,000

Smart Buyer Rebate $18,700

RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program. 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. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.

Listed by Zhu Liu

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License #02116709

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OFFERI

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626-233-3077

Last updated November 13, 2025

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Source: CRMLS #OC25257943

Listing Facts

  • TypeMulti-family
  • NeighborhoodHollywood Studio District
  • Days on Prevu9

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

11/10/2025
Listed by OFFERI
$1,870,000

Property Details for 5621 La Mirada Avenue

Association

Amenities

  • Community Features: Biking

Exterior

Construction

  • Number Of Units Total: 1
  • Stories: 1
  • Stories Total: 4
  • Year Built: 1920
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 13,635
  • Building Area Units: Square Feet
  • Lot Features: Back Yard
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,494
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,494
  • Lot Size Units: Square Feet

Financial

Other

  • Land Lease: Yes

Residential Income

  • Gross Income: $900,000.00
  • Operating Expense: $90,000.00

Taxes

  • Parcel Number: 5536002012

Interior

Features

  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Interior Features: All Bedrooms Down

Other

Location

  • Tax Block: 2
  • Tax Lot: 14

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Private Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.