Description

Marcus & Millichap is pleased to present a 10-unit apartment property located at 5830 La Mirada Avenue in Los Angeles, California. Situated in a prime Hollywood location just south of Sunset Boulevard and east of Gower Street, the property benefits from excellent access to major employment, retail, and entertainment corridors. The building offers a desirable unit mix of seven one-bedroom and three two-bedroom units, including one vacant, fully renovated unit that provides immediate rental upside. Featuring classic Spanish-style architecture and mature, large-scale trees that enhance curb appeal and provide natural shade, the property offers strong tenant appeal. Residents enjoy convenient access to Santa Monica, Hollywood, and Sunset Boulevards, Western Avenue, the 101 Freeway, and the Hollywood/Vine Metro B Line, as well as nearby dining, retail, healthcare, and iconic entertainment destinations. With its strong in-place cash flow, immediate opportunity to capture market rents, and long-term appreciation potential, this asset represents a compelling investment opportunity in one of Los Angeles’ most sought-after submarkets.