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5622 La Mirada Ave, Los Angeles, CA 90038

List Price: $2,200,000On Market FlagOn market
Jan 6, 20256,754 sqft12 beds9 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25477187

Property Description

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to present the opportunity to acquire 5622 La Mirada Avenue. The subject property is a nine-unit multifamily building located in Hollywood, just south of Sunset Boulevard and west of Western Avenue. Hollywood continues catering to young professionals due to its proximity to a vibrant and lively nightlife scene along with trendy retail and coffee shops. La Mirada Avenue is considered a "Walker's Paradise" with a 90 Walk Score and is situated a short distance from highly desirable dining and entertaining destinations. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers (select units), new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with remaining rental upside.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,664

TurboHome Estimated Value

$2,088,800

$309 sqft

High Valuation
$2,193,240
$325/sqft
Normal Valuation
$2,088,800
$309/sqft
Low Valuation
$1,984,360
$294/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$309/sqft$2,088,800

Neighborhood: Hollywood

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Comparative Value

$1.52M

$2.20M

5833 Gregory Ave, Los Angeles, CA 90038

Sale Price: $1,525,000

Selected Comparable

5622 La Mirada Ave, Los Angeles, CA 90038

List Price: $2,200,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5622 La Mirada Ave, Los Angeles, CA 90038

5622 La Mirada Ave, Los Angeles, CA 90038

List: $2,200,000

Listed: 1/6/2025

Area:6,754 sqft
Price/sqft:$326
Beds:12
Baths:9
Year Built:
Lot Size:7,500

Comparable Properties

COMPARABLE
Choose comps
5833 Gregory Ave, Los Angeles, CA 90038

5833 Gregory Ave, Los Angeles, CA 90038

Sale: $1,525,000

8/21/20240.83 mi

Area:6,574 sqft
Price/sqft:$232
Beds:11
Baths:10
Year Built:
Weight:100.0%

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