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.
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.