$6,375,000
2 Beds
1 Bath
1,204 SqFt
0.11 Acre Lot
4,829 Sqft Lot
Status Active
Property Type Single Family
Year Built 1920
Neighborhood
Days on Website 188

Property Map

$6,375,000 – 5542 La Mirada Ave, Los Angeles (city), CA 90038

Street View

Listing courtesy of Hakop Taglyan (CalBRE #01525787), Butlered Real Estate Brokerage.

Description

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.

Property Details and Features

Property

  • Single Family
  • View: Other View

House

  • Building size: 1204 sq ft.
  • Year built: 1920
  • Common walls: Detached/No Common Walls
  • Total units in complex: 0

Lot

  • Acres: 0.46
  • Lot sq ft: 4829

Listing

  • List date: 2018-10-17
  • Listing Agent: Hakop Taglyan
  • Listing Office: Butlered Real Estate Brokerage
  • List Agent Licence Num: 01525787

Bedrooms

  • 2 bedrooms

Bathrooms

  • 1 bathroom
  • Total bathrooms: 1.0

Interior Features

  • LivingRoom
  • Other

Floors

  • Other

Laundry

  • Laundry Area

Heating

  • None

Cooling

  • None

Pool

  • No Pool

Parking

  • Total parking spaces: 1
  • Parking features: Driveway

Schools

  • Elementary school: CITIZENS OF THE WORLD
  • Middle school: JOSEPH LE CONTE
  • High school: BERNSTEIN HIGH SCHOOL

Spa

  • None

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