5530 La Mirada Avenue

    Los Angeles (City), CA 90038
    • $6,375,000
    • STATUS: Active
    • ON SITE: 155 days
    • ID#: 18397956
    $6,375,000
    • 3
      BEDS
    • 0.17
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 748
      SQFT
    • $8,523
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1924
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-22T00:41:36.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.orangecountymove.com/homes/88634639

    5530 La Mirada Avenue Los Angeles (City), CA 90038

    • Price: $6,375,000
    • Status: Active
    • ID#: 18397956
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.17
    Acres
    748
    SQFT
    $8,523
    $/SQFT
    1924
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property 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.
    Exterior Features

    Lot Features Planned Unit Development Lot Size Units Square Feet Parking Features Driveway Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View See Remarks View YN Yes

    Interior Features

    Bathrooms Full 2 Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring See Remarks Heating None Heating YN No Laundry Features AreaSee Remarks Room Type Living Room

    Property Features

    Land Lease YN No Laundry YN Yes Lease Considered YN No Property Sub Type Single Family Residence Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Hakop Taglyan of Butlered Real Estate Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-22T00:41:36.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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