5530 La Mirada Avenue

    Los Angeles (City), CA 90038
    • $6,375,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 18397956
    UPDATED: 39 min ago
    $6,375,000
    • 3
      BEDS
    • 0.46
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 748
      SQFT
    • $8,523
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1924
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Location! Location! Location! This 20,000 sqft Developers dream is walking distance to large multination companies such as; Netflix, Capitol Records, LA Film School, Sunset Bronson Studios, Emerson College and coming soon The Hollywood Central Park. The 3 adjacent lots are within the La Mirada cul de sac, which may become a gateway into The Hollywood Central Park and rezoned to Hotel & other R4 uses (do your own Due Diligence), currently it is zoned R3 with a Ready To Issue Permit for 34 units (majority of planned units are 2+2) with the TOC Tier 3 benefits build upto 50 units, architectural plans available. The apartment rental market has skyrocketed in recent years, currently 2+2 are renting between $4K to $6K yielding great cash flow and high ROI & with LA hosting the 2026 Olympics there is no end in site. This prop is walking distance to LA's best schools, restaurants, entertainment centers & billion dollar projects all around during the revitalization of Hollywood.

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    Based on information from CARETS as of 2018-11-16T21:53:31.46. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/88633383

    5530 La Mirada Avenue Los Angeles (City), CA 90038

    • Price: $6,375,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18397956
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.46
    Acres
    748
    SQFT
    $8,523
    $/SQFT
    1924
    Built
    Neighborhood:
    Hollywood (C20)
    County:
    Los Angeles
    Area:
    Hollywood (C20)
    Elementary School:
    Citizens Of The World
    Middle School:
    Joseph Le Conte
    High School:
    Bernstein High School
    Property Description
    Location! Location! Location! This 20,000 sqft Developers dream is walking distance to large multination companies such as; Netflix, Capitol Records, LA Film School, Sunset Bronson Studios, Emerson College and coming soon The Hollywood Central Park. The 3 adjacent lots are within the La Mirada cul de sac, which may become a gateway into The Hollywood Central Park and rezoned to Hotel & other R4 uses (do your own Due Diligence), currently it is zoned R3 with a Ready To Issue Permit for 34 units (majority of planned units are 2+2) with the TOC Tier 3 benefits build upto 50 units, architectural plans available. The apartment rental market has skyrocketed in recent years, currently 2+2 are renting between $4K to $6K yielding great cash flow and high ROI & with LA hosting the 2026 Olympics there is no end in site. This prop is walking distance to LA's best schools, restaurants, entertainment centers & billion dollar projects all around during the revitalization of Hollywood.
    Exterior Features

    Common Walls Detached/No Common Walls Parking Features Driveway Parking Spaces Total 1 Pool Descriptions No Pool Spa Descriptions None View Other View

    Interior Features

    Cooling Type None Fireplace YN No Floor Material Other Heating Type None Interior Features Other Laundry Locations Laundry Area Rooms Living Room Total Floors 0

    Property Features

    Country United States Of America Hoa YN N Land Lease Type Fee Legal Disclosures Building PermitBuilding Plans AvailablePlanned DevelopmentRedevelopment AreaRent ControlSoils ReportCommission to Buyer Agent Lot Size Source Vendor Enhanced Property Sub Type Single Family Special Conditions Standard Sale Square Footage Source Vendor Enhanced Units Total In Complex 2 Will Consider Lease YN N Zoning Lar3

    Listing provided courtesy of Hakop Taglyan DRE#01525787 of Butlered Real Estate Brokerage.


    Based on information from CARETS as of 2018-11-16T21:53:31.46. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    25101 The Old Road
    Santa Clarita CA, 91381