Active

5621 La Mirada Avenue

Los Angeles, CA 90038

$1,870,000 $7,883/Mo

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Overview

Bed

Bath

13,635

Sqft

7,494

Sqft(Lot)

Description

RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program. Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. Tenants will enjoy all the be nefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.

Property Details

Property Type : Residential Income

Price : $1,870,000

AD Id : 68631291

MLS Id : OC25257943

Beds : 45

Lot Size : 7,494 Sqft

Living Area Size : 13,635

Year Built : 1920

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Private Sewer
Interior Features

Interior Features: All Bedrooms Down Fireplace: See Remarks
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: See Remarks Has Fireplace: 1

Building Information

Year Built: 1920 Building Area Total: 13,635
Pool Features

None

Laundry Features

Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.172
Lot Size Source: Assessor Lot Size Square Feet: 7494

Listing Price Information

Original List Price: 1,870,000 Listing Contract Date: 2025-11-10
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5536002012

Other Property Info

Source Listing Status: Active Source Neighborhood: C20 - Hollywood Postal Code Plus 4: 2209 Directions: Exit from Sunset Boulevard on 101 freeway Zoning: LAR3 Source Property Type: Residential Income Area: C20 - Hollywood Property SubType: Duplex
Building and Construction

Property Age: 106 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
961 N St Andrews, Los Angeles, CA, 90038	$2,850,000	15	15	6,488	6,488 SqFt
812 N Ridgewood, Los Angeles, CA, 90038	$1,500,000	3	4	2,560	2,560 SqFt

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ByOwner last updated this listing 06/18/2026 @ 02:56

MLS: OC25257943 LISTED BY: Zhu Liu, Pinnacle Real Estate Group 626-888-9808 SOURCE: CRMLS