We proudly present 5623 Meridian St. This prime Highland Park property offers incredible seller financing at 3.80% interest-only, fixed for five years, with a loan balance of $2,175,000. Featuring significant upside in rents, it delivers an attractive 6.02% cash-on-cash return from day one. Located just steps from York Boulevard and one mile from Figueroa Street, the property boasts large, spacious units averaging 835 square feet and a desirable unit mix of eight one-bedroom/one-bath and six two-bedroom/two-bath layouts, making it an exceptional investment opportunity.
Property Details
Price:
$3,500,000
MLS #:
25577281
Status:
Active
Baths:
0
Address:
5623 Meridian Street
Type:
Residential Income
Neighborhood:
632highlandpark
City:
Los Angeles
Listed Date:
Aug 11, 2025
State:
CA
ZIP:
90042
Lot Size:
12,618 sqft / 0.29 acres (approx)
Year Built:
1963
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Schools
Interior
Appliances
Microwave, Refrigerator
Heating
Wall Furnace
Exterior
Parking Features
Covered
Parking Spots
12.00
Financial
Map
Community
- Address5623 Meridian Street Los Angeles CA
- Area632 – Highland Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
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Courtesy of Keller Williams Beverly Hills. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.5623 Meridian Street
Los Angeles, CA
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