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About This Home
This 45-bedroom, 47-bathroom multi-family at 5621 La Mirada Avenue in Los Angeles, CA is listed for $1,870,000 ($137 per sqft). Built in 1920, the home offers 13,635 sqft of living space on a 0.17 acres lot.
RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program.
Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing.
Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale.
This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.
Key Features
- Built in 1920
- 0.17 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$10,001/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5621 La Mirada Avenue
Los Angeles, CA 90038
Features & Amenities
Exterior Features
Property Details
Views
Heating
Cooling
Questions & Answers
This 45-bedroom, 47-bathroom multi-family at 5621 La Mirada Avenue is listed at $1,870,000 ($137/sqft). The estimated monthly payment is $8,103 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.17 acre lot, 4 stories. Exterior Features: Community Features Included: Biking, Back Yard.
This property is listed by Zhu Liu and can be reached at 6262333077 or liuzhu890714@gmail.com.


