5806 LA MIRADA Avenue, Los Angeles, CA, 90038

  • $2,045,000
  • $2,045,000
5806 LA MIRADA Avenue , Los Angeles, CA 90038
Active For Sale
5806 LA MIRADA Avenue , Los Angeles, CA 90038
  • $2,045,000
  • $2,045,000

Description

Over 44% Upside!!! Originally built in 1954, the two-story garden style property consists of eight (8) one-bedroom and one-bathroom units. Six of the eight units are occupied by Section 8 tenants which adds a strong safety net against the current Rent Moratorium that’s in place for financial hardships due to Covid-19. One unit is currently vacant and will not be rented which will allow investors to capitalize on market rents. The roof on La Mirada was replaced in 2019. La Mirada also features an on-site laundry facility, and gas & electricity are separately metered. Opportunity to convert the covered parking in to an ADU. No Soft Story Retrofit Requirements.

  • Address 5806 LA MIRADA Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90038

Details

Updated on April 28, 2022 at 10:09 am
  • Property ID: 22151119
  • Price: $2,045,000
  • Land Area: 0.1722 Acres
  • Year Built: 1954
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Interior Features: Ceiling Fan(s)
  • Heating: None
  • Zone: LAR3
  • Parking: Carport,Driveway,Gated
  • Days On Market: 116
  • LotSize SquareFeet: 7501.00
  • AssociationFee: 0.00

Features

Listed by

Matthews Real Estate Investment Services
Agent Name : Daniel Withers
Agent State License : 01325901

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