10 Units in East Hollywood
$2,050,000
5345 La Mirada Ave
# of Units: 10
GRM: 10.86
CAP Rate: 5.96%
Price/SF: $205,000
Building SF: 8,648
Lot SF: 7,500
Zoning: LARD1.5-1XL
Year Built: 1965
Description
5345 La Mirada Avenue is a well-maintained 10-unit multifamily property located in East Hollywood. Built in 1965, the property totals approximately 8,648 SF of living space situated on a 7,500 SF LARD1.5-zoned lot. The three-story building offers a desirable unit mix of 8 (1Br+1Ba) units and 2 (2Br+2Ba) units. The spacious residences average approximately 600 SF for the one-bedrooms and 800 SF for the two-bedrooms, with many featuring laminate flooring, wall A/C units, ceiling fans, ample storage, and attractive city views. Five units have been updated in recent years with updated kitchens, bathrooms, and dual-pane windows. The two end units benefit from windows on three sides, providing exceptional natural light and panoramic views of Hollywood and Downtown Los Angeles. Additional amenities include an on-site laundry facility, secure gated pedestrian and parking access, and ground-level parking consisting of 16 spaces. The property is separately metered for gas and electricity, and the exterior railing and center portion have been repainted within the past few years.
Location
Prime East Hollywood location with a Walk Score of 89 ("Very Walkable"), near Netflix, Kaiser Permanente Medical Center, Metro B Line stations, and the 101 Freeway
Property Highlights
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Well-maintained 10-unit multifamily property in East Hollywood built in 1965!
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5 Units Updated with updated kitchens, bathrooms, and dual-pane windows
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8 (1Br+1Ba) units and 2 (2Br+2Ba) units
Approx 8,648 SF of living space on a 7,500 SF LARD1.5 lot -
Spacious floor plans averaging approximately 600 SF for 1+1 units and 800 SF for 2+2 units
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Many units offer laminate flooring, wall A/C units, ceiling fans, ample storage, and city views
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On-site laundry facility and secure gated pedestrian and vehicle access
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Bonus Storage Room
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60% Copper Plumbing
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Ground-level parking consisting of 16 parking spaces
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Separately metered for gas and electricity
Exterior repainted within the past few years

























