This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood’s top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood’s thriving rental market and this property’s strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles’ most sought-after submarkets.
Property Details
Price:
$3,995,000
MLS #:
25519939
Status:
Active
Baths:
0
Address:
5757 La Mirada Avenue
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Apr 2, 2025
State:
CA
ZIP:
90038
Lot Size:
14,870 sqft / 0.34 acres (approx)
Year Built:
1954
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Schools
Interior
Fireplace Features
None
Heating
Wall Furnace
Window Features
Double Pane Windows
Exterior
Foundation Details
Raised
Garage Spaces
2.00
Parking Features
Carport
Parking Spots
11.00
Pool Features
None
Spa Features
None
Stories Total
2
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address5757 La Mirada Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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5757 La Mirada Avenue
Los Angeles, CA
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