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Sold for $3,950,000
  • $3,950,000

    5757 La Mirada Ave, Los Angeles, CA 90038

    18beds
    20baths
    14,298sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $3,897,500 Zestimate®
    $276/sqft
    $1,877 Estimated rent

    Home value

    $3,897,500

    $3.51M - $4.33M

    $1,877/mo

    Zestimate® history
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    $1,877/mo

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    $1,877/mo

    Rent Zestimate®

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    $25,188/mo

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    $25,188/mo

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    What's special

    Prime location
    This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood's top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood's thriving rental market and this property's strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles' most sought-after submarkets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Saadia 'Sam' Liberow DRE # 01933858 718-406-3128,

    Marcus & Millichap 818-212-2700

    Bought with:

    Saadia 'Sam' Liberow, DRE # 01933858

    Marcus & Millichap

    Source: CLAW,MLS#: 25519939MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 20
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Water Heater Unit
    • Laundry: Laundry Area
    Features
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 14,298
    • Total interior livable area: 14,298 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Carport, Garage Is Detached
    • Garage spaces: 2
    • Has carport: Yes
    • Covered spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level w/steps
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.34 Acres
    • Features: Corner Lot
    Details
    • Additional structures: None
    • Parcel number: 5536001012
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Raised
    Condition
    • Year built: 1954

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $276/sqft
    • Tax assessed value: $2,083,891
    • Date on market: 4/2/2025
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    6/4/2025Sold$3,950,000-1.1%$276/sqft
    Source: CLAW #25519939 Report a problem
    5/6/2025Pending sale$3,995,000$279/sqft
    Source: CLAW #25519939 Report a problem
    4/2/2025Listed for sale$3,995,000-6%$279/sqft
    Source: CLAW #25519939 Report a problem
    12/29/2023Listing removed--
    Source: CLAW #23-285897 Report a problem
    9/29/2023Listed for sale$4,250,500-10.5%$297/sqft
    Source: CLAW #23-285897 Report a problem
    8/31/2023Listing removed--
    Source: CLAW #23-285897 Report a problem
    7/24/2023Price change$4,749,500-4.9%$332/sqft
    Source: CLAW #23-285897 Report a problem
    7/6/2023Listed for sale$4,995,000$349/sqft
    Source: CLAW #23-285897 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $3,897,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,897,500