$10,000

closing credit¹

5700 La Mirada Ave Los Angeles, CA 90038

$2,469,000
14 beds
14 baths
8,445 sqft
0.3 acres
$292 / sqft
House

Property details

About 5700 La Mirada Ave

Highest Cap rate, Lowest GRM ! Exceptional chance to own a multifamily property in a thriving Hollywood location, surrounded by multimillion-dollar developments. This offering includes both 5700 La Mirada and 5704 La Mirada Ave,.4 buildings,13 units across 15,000 sq. ft. of R3-zoned land, providing immediate rental income (estimated 7% cap) and future development potential. Nine units have been remodeled, enhancing value and appeal. Whether you're looking to maximize returns now or pursue a larger redevelopment project, this prime location offers incredible growth potential. Don't miss out on this rare opportunity! This sale includes 4 buildings and 2 APNS (5536-005-013 & 5536-005-014). All income and expenses are estimated. Buyers and buyers' agent to verify.

Highlights

Home typeOther
StatusActive
Size8,445 sqft
Lot size0.3465 Acres
ParkingAssigned
MLS #25492209
Garage5 spaces

Summary

  • MLS Number: 25492209
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Maria Samouha

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$2,469,000

5700 La Mirada Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 13, 2016
Home Sold
$2,560,000
Apr 27, 1988
Home Sold
$290,000
Jan 13, 1988
Home Sold
$265,000

Tax history

YearAssessmentProperty Tax
2024$1,411,189$18,116
2023$1,383,525$17,784
2022$1,356,404$16,651
2021$1,329,814$16,433
2020$1,315,897$15,953
2019$1,290,096$15,781
2018$1,264,800$15,447
2017$1,240,000$15,447

History based on county public records data.

Nearby schools

6

Citizens of the World Charter School Hollywood

Public Charter KG-5

0.2 mi

1316 N Bronson Ave

7

Santa Monica Boulevard Community Charter

Public Charter KG-6

0.3 mi

1022 N Van Ness Ave

3

Hollywood Primary Center

Public District KG-3

0.4 mi

1115 Tamarind Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,222. Residents of Los Angeles, CA typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

49%
<35k
43%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
14%
Single, with Kids
14%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
41%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5700 La Mirada Ave

This home is located at 5700 La Mirada Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This 8,445 square foot home sits on a 0.35 acre lot. Features: 14 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $2,469,000.

In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of listings in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.

From Rocket Homes Real Estate and based on county public records data.

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