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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,775,000

Est. payment - /mo

10 Beds

14 Baths

5,918 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,918 sqft

Price per Sqft $468

MLS Listing ID 26106602

Bedrooms 10

HOA Y/N No

Year Built 2016

Lot Size 6,873 Sqft

Property Description

We are pleased to present 65466548 La Mirada Avenue, an exceptional four-unit multifamily investment opportunity located in the heart of Hollywood, one of Los Angeles' most dynamic and desirable rental markets. Built in 2016, this beautifully maintained property features contemporary architecture, spacious multi-level townhome-style residences, and high-quality interior finishes, offering investors a rare opportunity to acquire a newer-construction asset with minimal anticipated capital improvement requirements. The property consists of an attractive unit mix of two (2) two-bedroom/two-and-one-half-bathroom residences and two (2) three bedroom/three-and-one-half-bathroom residences, totaling approximately 5,918square feet of living area. Each thoughtfully designed residence features an open concept floor plan with expansive living areas, modern kitchens equipped with stainless steel appliances, stylish cabinetry, premium laminate flooring, recessed lighting, and contemporary bathrooms featuring custom tilework and upscale fixtures. All bedrooms feature their own en-suite bathrooms, while each residence includes an additional powder room for guests, providing an exceptional level of privacy and convenience. Additional amenities include central air conditioning and heating, smart-home technology with Nest-style thermostats, in unit washers and dryers, private balconies in select residences, and attached two car garages with direct access to the units. The property's multi-level layouts provide the space, privacy, and functionality of a single-family residence while offering the convenience of townhome living. Importantly, all four residences are separately metered for electricity, gas, and water, allowing tenants to pay for their own utilities and significantly reducing the owner's operating expenses. This highly desirable feature further enhances the property's operational efficiency and long term investment appeal. A significant highlight of the offering is the availability of both three-bedroom residences, which are currently vacant and ready for immediate occupancy or leasing at market rents. This presents an outstanding opportunity for investors to establish new rental income without the need for tenant relocation, while also providing a compelling owner-user opportunity to occupy a spacious, modern three-bedroom residence and generate income from the remaining units. Constructed in 2016, the property is not subject to the City of Los Angeles Rent Stabilization Ordinance and currently benefits from California's AB 1482 new-construction exemption, offering greater flexibility in rental operations. Ideally situated in the heart of Hollywood, the property benefits from its proximity to an abundance of restaurants, shopping, entertainment, and major employment centers. Residents enjoy convenient access to Paramount Studios, Hollywood's entertainment and media industry, and the vibrant retail and dining destinations along Santa Monica Boulevard, Melrose Avenue, and Sunset Boulevard. The property's central location also provides convenient connectivity to neighboring communities, including West Hollywood, Hancock Park, and Larchmont Village.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Door-Multi, Garage, Private

Community Features Gated

Total Parking Spaces 8

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5533001040

Security Features Security Gate,Gated Community

Special Listing Condition Standard

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Listed by Derrick Vartanian Lyon Stahl Investment Real Estate, Inc. #01816119

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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6546 La Mirada AVE Los Angeles, CA 90038

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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