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ZIP CODE 90038

823 N Hudson Ave, Los Angeles
$2,000,000
10 Beds ⋅ 11 Baths ⋅ 26103695 MLS
Located on a quiet residential street just north of Melrose Avenue and east of Highland Avenue, this mid-century, two-story, 8-unit apartment building is situated approximately three blocks north of Wilshire Country Club. The property offers approximately 6,315 square feet of living space and consists of (3) two-bedroom/two-bathroom units, (4) one-bedroom/one-bathroom units, and (1) studio apartment. Currently 100% occupied, the building generates approximately $182,893 in annual scheduled rental income ($15,241/month). Property features include separately metered electricity, on-site parking, a community laundry room, and a completed soft-story seismic retrofit. The location provides convenient access to the shops and restaurants along Melrose Avenue, Larchmont Village, Paramount Studios, Hollywood, and nearby employment centers, along with public transportation and major thoroughfares. Professionally managed, with rental and operating records available for review. Offered at approximately a 5.4% projected cap rate, based on estimated stabilized operating expenses, including property taxes reassessed at 1.25% of the asking price and annual insurance of $11,000. Property is subject to the LA Rent Control. Buyer to independently verify all property information, income, expenses, projected returns and applicable regulations. Please do not disturb tenants. Interior access by appointment only, after an offer is received.

823 N Hudson Ave, Los Angeles

Courtesy of Rodeo Realty, Tregg Rustad - CA DRE#01349144

5642 Lexington Ave, Los Angeles
$1,950,000
9 Beds ⋅ 8 Baths ⋅ 26104030 MLS
Price Reduction! Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5.25% cap rate with upside to approximately 7.6% on pro forma rents. Attractively priced at only $243,000 per unit and $319/SF, the property offers a diverse unit mix of 6 spacious one-bedroom units and 2 two-bedroom units. The building sits on a large 7,099 SF LAR3 lot, with plans to add 8 detached ADUs, potentially doubling the property's unit count. Assuming $715,000 in ADU construction costs at $250/SF, the projected all-in basis is only $160,000 per unit and $286/SF, with a 9% cap rate on current rents and 10.9% on pro forma rents after completion. Most recently, the front upstairs unit was completely remodeled with a high-end modern aesthetic, featuring new cabinetry, vinyl flooring, recessed lighting, a renovated bathroom, an updated HVAC system, an in-unit washer/dryer, and additional upgrades. The property's exterior has also undergone extensive renovations and features approximately 9 on-site parking spaces, storage, and an updated laundry room. Gas and electricity are metered separately, helping to minimize owner-paid operating expenses. Prime Hollywood location directly behind Echelon Studios Hollywood, an approximately $450 million, 610,000 SF creative entertainment campus located on a five-acre site at 5601 Santa Monica Boulevard, and just blocks from Netflix and Paramount Studios, placing the property in the heart of Hollywood's entertainment and media district.

5642 Lexington Ave, Los Angeles

Courtesy of Global Platinum Properties, Inc., Julio Ruiz - CA DRE#01911261

823 N Hudson Avenue, Los Angeles
$2,000,000
10 Beds ⋅ 11 Baths ⋅ 26103695 MLS
Located on a quiet residential street just north of Melrose Avenue and east of Highland Avenue, this mid-century, two-story, 8-unit apartment building is situated approximately three blocks north of Wilshire Country Club. The property offers approximately 6,315 square feet of living space and consists of (3) two-bedroom/two-bathroom units, (4) one-bedroom/one-bathroom units, and (1) studio apartment. Currently 100% occupied, the building generates approximately $182,893 in annual scheduled rental income ($15,241/month). Property features include separately metered electricity, on-site parking, a community laundry room, and a completed soft-story seismic retrofit. The location provides convenient access to the shops and restaurants along Melrose Avenue, Larchmont Village, Paramount Studios, Hollywood, and nearby employment centers, along with public transportation and major thoroughfares. Professionally managed, with rental and operating records available for review. Offered at approximately a 5.4% projected cap rate, based on estimated stabilized operating expenses, including property taxes reassessed at 1.25% of the asking price and annual insurance of $11,000. Property is subject to the LA Rent Control. Buyer to independently verify all property information, income, expenses, projected returns and applicable regulations. Please do not disturb tenants. Interior access by appointment only, after an offer is received.

823 N Hudson Avenue, Los Angeles

Listing courtesy of Listing Agent: Tregg Rustad (tregg@treggrustad.com) from Listing Office: Rodeo Realty.

5642 Lexington Avenue, Los Angeles
$1,950,000
9 Beds ⋅ 8 Baths ⋅ 26104030 MLS
Price Reduction! Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5.25% cap rate with upside to approximately 7.6% on pro forma rents. Attractively priced at only $243,000 per unit and $319/SF, the property offers a diverse unit mix of 6 spacious one-bedroom units and 2 two-bedroom units. The building sits on a large 7,099 SF LAR3 lot, with plans to add 8 detached ADUs, potentially doubling the property's unit count. Assuming $715,000 in ADU construction costs at $250/SF, the projected all-in basis is only $160,000 per unit and $286/SF, with a 9% cap rate on current rents and 10.9% on pro forma rents after completion. Most recently, the front upstairs unit was completely remodeled with a high-end modern aesthetic, featuring new cabinetry, vinyl flooring, recessed lighting, a renovated bathroom, an updated HVAC system, an in-unit washer/dryer, and additional upgrades. The property's exterior has also undergone extensive renovations and features approximately 9 on-site parking spaces, storage, and an updated laundry room. Gas and electricity are metered separately, helping to minimize owner-paid operating expenses. Prime Hollywood location directly behind Echelon Studios Hollywood, an approximately $450 million, 610,000 SF creative entertainment campus located on a five-acre site at 5601 Santa Monica Boulevard, and just blocks from Netflix and Paramount Studios, placing the property in the heart of Hollywood's entertainment and media district.

5642 Lexington Avenue, Los Angeles

Listing courtesy of Listing Agent: Julio Ruiz (ziuroiluj@gmail.com) from Listing Office: Global Platinum Properties, Inc..

1140 N Beachwood Drive, Los Angeles
$2,199,000
2 Beds ⋅ 10 Baths ⋅ 26103437 MLS
Exceptional Hollywood value-add opportunity featuring a 10-unit multifamily property with six vacant units ready for renovation, offering investors the ability to execute a coordinated repositioning strategy and pursue increased rental income. Four occupied units provide existing income while renovations and lease-up are underway. The property is surrounded by significant new construction, including projects directly across the street and next door, reflecting substantial investment in the immediate neighborhood. Located near Echelon Studios Hollywood, a major studio and creative office development nearing completion, the property is positioned amid Hollywood's continued transformation and expanding entertainment infrastructure. With immediate renovation potential and significant development activity nearby, investors have the opportunity to create value through strategic improvements and a focused lease-up plan. Acquire, renovate, reposition, and capitalize on Hollywood's ongoing evolution. For investors seeking a hands-on multifamily opportunity, 1140 N. Beachwood Drive offers the combination of vacant-unit renovation potential, existing occupancy, and immediate neighborhood development. Acquire the asset, implement a disciplined renovation and lease-up strategy, and position the property to benefit from Hollywood's ongoing evolution.

1140 N Beachwood Drive, Los Angeles

Listing courtesy of Listing Agent: Dana Brody (dana.brody@marcusmillichap.com) from Listing Office: Dana Brody.

5336 Monroe St, Los Angeles
$1,200,000
8 Baths ⋅ 26101867 MLS
5336 Monroe Street is a charming Spanish-style eight-unit multifamily property located in the heart of Hollywood. Built in 1923, the two-story building offers 3,680 square feet of rentable living space on a 2,999 square foot LAR2-zoned lot. The property features eight (8) studio units averaging approximately 460 square feet each. Each unit is bright, has hardwood flooring and high coved ceilings. The property also benefits from mixed copper plumbing, a newer roof, and it is separately metered for gas & electricity. Additional amenities include an on-site laundry room equipped with newer machines. Ideally situated in a prime Hollywood location, 5336 Monroe Street is positioned between Santa Monica Blvd and Melrose Ave near Western Ave. Deemed a "Walker's Paradise" with a Walk Score of 93, residents enjoy exceptional access to daily conveniences, dining and entertainment. The property is located within close proximity to Paramount Studios, numerous post-production houses, and entertainment-related offices, as well as major healthcare employers. Less than one mile away, the new Echelon Studios Complex is set to bring approximately 550,000 square feet of new production studio, office, and retail space set to open this year! Residents also benefit from easy access to nearby Larchmont Village, known for its charming boutiques and popular dining destinations such as Osteria La Buca, Dave's Hot Chicken, La Descarga, and Great White.

5336 Monroe St, Los Angeles

Courtesy of Equity Union, Nicole Apostolos - CA DRE#01464936

5336 Monroe Street, Los Angeles
$1,200,000
8 Baths ⋅ 26101867 MLS
5336 Monroe Street is a charming Spanish-style eight-unit multifamily property located in the heart of Hollywood. Built in 1923, the two-story building offers 3,680 square feet of rentable living space on a 2,999 square foot LAR2-zoned lot. The property features eight (8) studio units averaging approximately 460 square feet each. Each unit is bright, has hardwood flooring and high coved ceilings. The property also benefits from mixed copper plumbing, a newer roof, and it is separately metered for gas & electricity. Additional amenities include an on-site laundry room equipped with newer machines. Ideally situated in a prime Hollywood location, 5336 Monroe Street is positioned between Santa Monica Blvd and Melrose Ave near Western Ave. Deemed a "Walker's Paradise" with a Walk Score of 93, residents enjoy exceptional access to daily conveniences, dining and entertainment. The property is located within close proximity to Paramount Studios, numerous post-production houses, and entertainment-related offices, as well as major healthcare employers. Less than one mile away, the new Echelon Studios Complex is set to bring approximately 550,000 square feet of new production studio, office, and retail space set to open this year! Residents also benefit from easy access to nearby Larchmont Village, known for its charming boutiques and popular dining destinations such as Osteria La Buca, Dave's Hot Chicken, La Descarga, and Great White.

5336 Monroe Street, Los Angeles

Listing courtesy of Listing Agent: Nicole Apostolos (nicole@investmentsla.com) from Listing Office: Equity Union.

5824 Virginia Ave, Los Angeles
$1,550,000
11 Beds ⋅ 10 Baths ⋅ 26102302 MLS
5824 Virginia Avenue is an eight-unit apartment building in the heart of Hollywood, offered as a 100% fee simple interest on a free and clear basis. Built in 1962, the two-story building sits on a 7,499-square-foot lot with approximately 6,504 square feet of gross building area. The property offers five one-bedroom, one-bath units, one two-bedroom, one-bath unit and two two-bedroom, two-bath units, averaging roughly 778 square feet, a practical mix with broad appeal to young professionals, couples, roommates and creatives working in the surrounding entertainment industry. The building is set behind a secure perimeter gate, with gated rear parking, covered carport spaces and an on-site laundry facility, all valued amenities in a dense neighborhood where street parking is limited. A landscaped side walkway leads to the units. Current ownership has made significant capital improvements that address the costly building-level items buyers of older Los Angeles properties often face. The mandatory soft-story seismic retrofit has been completed, the roof has been replaced and all unit electrical subpanels have been upgraded. That allows a new owner to focus capital on interior upgrades and income growth rather than deferred maintenance or major structural work. The building is 100% occupied, providing stable, durable income from day one, and it offers the deepest embedded rental upside in the portfolio. In-place rents are approximately 29% below market, and every unit is currently leased below its market rent, giving a new owner a long runway to grow income over time. Several long-term tenancies are leased far below today's market levels, so each turnover represents a meaningful opportunity to renovate and re-lease at market. As units turn over, a buyer can introduce modern finishes such as updated kitchens with stainless steel appliances and stone-look countertops, wood-look plank flooring, refreshed bathrooms and improved lighting. Utility reimbursement income helps offset operating costs. The property is subject to the Los Angeles Rent Stabilization Ordinance, under which rents on vacated units can generally be reset to market at turnover. 5824 Virginia Avenue is located on a residential block one block north of Santa Monica Boulevard near Bronson Avenue. Residents are minutes from Sunset Boulevard, Hollywood Boulevard, major production studios, Metro rail and the Hollywood Freeway, giving easy access to employment centers across Los Angeles. Hollywood, renowned as the entertainment capital of the world, is one of the city's most recognized and amenity-rich rental markets. Residents enjoy historic theaters, live music venues, a celebrated outdoor amphitheater, award-winning restaurants, classic diners and lively nightlife, along with walkable shopping and iconic landmarks that draw millions of visitors each year. The Hollywood Hills and their hiking trails are a short drive north. Steady demand from professionals in entertainment, media, music and hospitality, combined with limited new supply of attainable housing, supports strong occupancy and long-term rent growth. For investors, 5824 Virginia Avenue combines a seismically retrofitted building, stable 100% occupancy and the most significant mark-to-market opportunity in the offering. It is well suited to value-add operators seeking a long-term repositioning play, 1031 exchange buyers looking for a well-maintained asset with upside and long-term investors who want to own in one of Southern California's most enduring rental markets. The property is available individually or as part of a 23-unit, three-building portfolio with an additional Hollywood property and an eight-unit asset in West Hollywood. Buyers should verify unit sizes and building systems during due diligence. Tours by appointment only; please do not contact residents or on-site management.

5824 Virginia Ave, Los Angeles

Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan - CA DRE#01481211

1223 N Beachwood Dr, Los Angeles
$1,700,000
11 Beds ⋅ 11 Baths ⋅ 26102292 MLS
1223 N. Beachwood Drive is a seven-unit apartment building in the heart of Hollywood, offered as a 100% fee simple interest on a free and clear basis. Built in 1963, the two-story building sits on a 6,749-square-foot lot with approximately 5,580 square feet of gross building area and secure gated parking, a valued amenity in a neighborhood where street parking is scarce. It offers three one-bedroom, one-bath units and four two-bedroom, two-bath units, one of which includes a den, a mix that appeals to young professionals, couples, roommates and residents who work from home. Current ownership has made substantial investments that remove many of the big-ticket items buyers of older Los Angeles buildings typically face: the mandatory soft-story seismic retrofit is complete, the roof has been replaced, electrical subpanels have been upgraded, the exterior has been freshly painted and a new automatic gate has been installed. A sleek horizontal-slat perimeter fence and modern gray exterior give the property strong curb appeal and a sense of privacy, while a private yard and patio space add rare outdoor living for residents. Three of the seven units have been fully renovated with white and natural wood-tone cabinetry, stone-look countertops, stainless steel appliances including gas ranges and dishwashers, light wood-look plank flooring, recessed lighting, mirrored closet doors, modern bathrooms with marble-look tile and stacked in-unit washers and dryers. These finishes compete with newer buildings, and several units already lease at or above market rents. The remaining four units give a new owner a clear, low-risk path to continue the same renovation program as they turn over, using a finish standard that has already been tested on site. The building is 100% occupied, providing stable income from day one, with in-place rents approximately 19% below market. That gap is concentrated in a few long-term tenancies, so each turnover is an opportunity to add meaningful income and value. Utility reimbursement income helps offset operating costs, and with the major capital work already done, a new owner can direct capital toward revenue-generating interior upgrades rather than deferred maintenance. Located just north of Santa Monica Boulevard on a residential block, the property puts residents minutes from Sunset Boulevard, Hollywood Boulevard, major production studios, the Hollywood/Vine Metro station and the Hollywood Freeway, giving easy access to employment centers throughout Los Angeles. Hollywood, renowned as the entertainment capital of the world, is one of the city's most recognized and amenity-rich rental markets. Residents enjoy historic theaters, live music venues, a celebrated outdoor amphitheater, award-winning restaurants, classic diners and buzzing nightlife, along with walkable shopping and iconic landmarks that draw millions of visitors each year. The Hollywood Hills and their hiking trails are a short drive north. Steady demand from professionals in entertainment, media, music and hospitality supports strong occupancy and rent growth for well-located, updated apartments. For investors, 1223 N. Beachwood Drive combines a seismically retrofitted, well-maintained building with stable in-place income, meaningful embedded upside and a manageable scale. The property is ideal for 1031 exchange buyers seeking a hands-off asset, value-add operators looking for a proven business plan and long-term investors who want to own in one of Southern California's most enduring rental markets. It is available individually or as part of a 23-unit, three-building portfolio with an additional Hollywood property and an eight-unit asset in West Hollywood, offering the chance to build immediate scale across two premier submarkets. Buyers should verify rent control status, unit sizes and building systems during due diligence. Tours by appointment only; please do not contact residents or on-site management.

1223 N Beachwood Dr, Los Angeles

Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan - CA DRE#01481211

1223 N Beachwood Drive, Los Angeles
$1,700,000
11 Beds ⋅ 11 Baths ⋅ 26102292 MLS
1223 N. Beachwood Drive is a seven-unit apartment building in the heart of Hollywood, offered as a 100% fee simple interest on a free and clear basis. Built in 1963, the two-story building sits on a 6,749-square-foot lot with approximately 5,580 square feet of gross building area and secure gated parking, a valued amenity in a neighborhood where street parking is scarce. It offers three one-bedroom, one-bath units and four two-bedroom, two-bath units, one of which includes a den, a mix that appeals to young professionals, couples, roommates and residents who work from home. Current ownership has made substantial investments that remove many of the big-ticket items buyers of older Los Angeles buildings typically face: the mandatory soft-story seismic retrofit is complete, the roof has been replaced, electrical subpanels have been upgraded, the exterior has been freshly painted and a new automatic gate has been installed. A sleek horizontal-slat perimeter fence and modern gray exterior give the property strong curb appeal and a sense of privacy, while a private yard and patio space add rare outdoor living for residents. Three of the seven units have been fully renovated with white and natural wood-tone cabinetry, stone-look countertops, stainless steel appliances including gas ranges and dishwashers, light wood-look plank flooring, recessed lighting, mirrored closet doors, modern bathrooms with marble-look tile and stacked in-unit washers and dryers. These finishes compete with newer buildings, and several units already lease at or above market rents. The remaining four units give a new owner a clear, low-risk path to continue the same renovation program as they turn over, using a finish standard that has already been tested on site. The building is 100% occupied, providing stable income from day one, with in-place rents approximately 19% below market. That gap is concentrated in a few long-term tenancies, so each turnover is an opportunity to add meaningful income and value. Utility reimbursement income helps offset operating costs, and with the major capital work already done, a new owner can direct capital toward revenue-generating interior upgrades rather than deferred maintenance. Located just north of Santa Monica Boulevard on a residential block, the property puts residents minutes from Sunset Boulevard, Hollywood Boulevard, major production studios, the Hollywood/Vine Metro station and the Hollywood Freeway, giving easy access to employment centers throughout Los Angeles. Hollywood, renowned as the entertainment capital of the world, is one of the city's most recognized and amenity-rich rental markets. Residents enjoy historic theaters, live music venues, a celebrated outdoor amphitheater, award-winning restaurants, classic diners and buzzing nightlife, along with walkable shopping and iconic landmarks that draw millions of visitors each year. The Hollywood Hills and their hiking trails are a short drive north. Steady demand from professionals in entertainment, media, music and hospitality supports strong occupancy and rent growth for well-located, updated apartments. For investors, 1223 N. Beachwood Drive combines a seismically retrofitted, well-maintained building with stable in-place income, meaningful embedded upside and a manageable scale. The property is ideal for 1031 exchange buyers seeking a hands-off asset, value-add operators looking for a proven business plan and long-term investors who want to own in one of Southern California's most enduring rental markets. It is available individually or as part of a 23-unit, three-building portfolio with an additional Hollywood property and an eight-unit asset in West Hollywood, offering the chance to build immediate scale across two premier submarkets. Buyers should verify rent control status, unit sizes and building systems during due diligence. Tours by appointment only; please do not contact residents or on-site management.

1223 N Beachwood Drive, Los Angeles

Listing courtesy of Listing Agent: Elliot Hassan (ehassan@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc..

5824 Virginia Avenue, Los Angeles
$1,550,000
11 Beds ⋅ 10 Baths ⋅ 26102302 MLS
5824 Virginia Avenue is an eight-unit apartment building in the heart of Hollywood, offered as a 100% fee simple interest on a free and clear basis. Built in 1962, the two-story building sits on a 7,499-square-foot lot with approximately 6,504 square feet of gross building area. The property offers five one-bedroom, one-bath units, one two-bedroom, one-bath unit and two two-bedroom, two-bath units, averaging roughly 778 square feet, a practical mix with broad appeal to young professionals, couples, roommates and creatives working in the surrounding entertainment industry. The building is set behind a secure perimeter gate, with gated rear parking, covered carport spaces and an on-site laundry facility, all valued amenities in a dense neighborhood where street parking is limited. A landscaped side walkway leads to the units. Current ownership has made significant capital improvements that address the costly building-level items buyers of older Los Angeles properties often face. The mandatory soft-story seismic retrofit has been completed, the roof has been replaced and all unit electrical subpanels have been upgraded. That allows a new owner to focus capital on interior upgrades and income growth rather than deferred maintenance or major structural work. The building is 100% occupied, providing stable, durable income from day one, and it offers the deepest embedded rental upside in the portfolio. In-place rents are approximately 29% below market, and every unit is currently leased below its market rent, giving a new owner a long runway to grow income over time. Several long-term tenancies are leased far below today's market levels, so each turnover represents a meaningful opportunity to renovate and re-lease at market. As units turn over, a buyer can introduce modern finishes such as updated kitchens with stainless steel appliances and stone-look countertops, wood-look plank flooring, refreshed bathrooms and improved lighting. Utility reimbursement income helps offset operating costs. The property is subject to the Los Angeles Rent Stabilization Ordinance, under which rents on vacated units can generally be reset to market at turnover. 5824 Virginia Avenue is located on a residential block one block north of Santa Monica Boulevard near Bronson Avenue. Residents are minutes from Sunset Boulevard, Hollywood Boulevard, major production studios, Metro rail and the Hollywood Freeway, giving easy access to employment centers across Los Angeles. Hollywood, renowned as the entertainment capital of the world, is one of the city's most recognized and amenity-rich rental markets. Residents enjoy historic theaters, live music venues, a celebrated outdoor amphitheater, award-winning restaurants, classic diners and lively nightlife, along with walkable shopping and iconic landmarks that draw millions of visitors each year. The Hollywood Hills and their hiking trails are a short drive north. Steady demand from professionals in entertainment, media, music and hospitality, combined with limited new supply of attainable housing, supports strong occupancy and long-term rent growth. For investors, 5824 Virginia Avenue combines a seismically retrofitted building, stable 100% occupancy and the most significant mark-to-market opportunity in the offering. It is well suited to value-add operators seeking a long-term repositioning play, 1031 exchange buyers looking for a well-maintained asset with upside and long-term investors who want to own in one of Southern California's most enduring rental markets. The property is available individually or as part of a 23-unit, three-building portfolio with an additional Hollywood property and an eight-unit asset in West Hollywood. Buyers should verify unit sizes and building systems during due diligence. Tours by appointment only; please do not contact residents or on-site management.

5824 Virginia Avenue, Los Angeles

Listing courtesy of Listing Agent: Elliot Hassan (ehassan@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc..

5633 La Mirada Ave, Los Angeles
$1,499,000
9 Beds ⋅ 6 Baths ⋅ 26101715 MLS
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Ave, Los Angeles

Courtesy of Real Broker, Max Lee - CA DRE#01905008

5633 La Mirada Avenue, Los Angeles
$1,499,000
9 Beds ⋅ 6 Baths ⋅ 26101715 MLS
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Avenue, Los Angeles

Listing courtesy of Listing Agent: Max Lee (Hellomaxlee@gmail.com) from Listing Office: Real Broker.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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