5345 La Mirada Avenue, Los Angeles, CA 90029
Local realty services provided by:ERA Excel Realty
5345 La Mirada Avenue,Los Angeles, CA 90029
$2,050,000
- 12 Beds
- 12 Baths
- 8,648 sq. ft.
- Multi-family
- Active
Listed by: nicole apostolos, dana coronado
Office: equity union818-989-2000
MLS#:26907637
Source:CRMLS
Price summary
- Price:$2,050,000
- Price per sq. ft.:$237.05
About this home
5345 La Mirada Avenue is a well-maintained 10-unit multifamily property located in East Hollywood. Built in 1965, the property totals approximately 8,648 SF of living space situated on a 7,500 SF LARD1.5-zoned lot. The three-story building offers a desirable unit mix of eight (8) 1-bed/1-bath units and two (2) two-bed/two-bath units. The spacious residences average approximately 600 SF for the one-bedrooms and 800 SF for the two-bedrooms, with many featuring hardwood flooring, wall A/C units, ceiling fans, ample storage, and attractive city views. Five units have been renovated in recent years with updated kitchens, bathrooms, and dual-pane windows. The two end units benefit from windows on three sides, providing exceptional natural light and panoramic views of Hollywood and Downtown Los Angeles. Offered at a 5.96% CAP Rate and 10.86 GRM on current rents, $205,000/unit and $237/SF! This property offers a stable and competitive return at current rents, and a significant upside as units turn over and pro forma rents are achieved. East Hollywood is a vibrant, centrally located Los Angeles neighborhood known for its rich cultural mix, anchored by Thai Town and Little Armenia, a strong local food scene, and a walkable, urban feel. It offers a blend of classic Craftsman homes, mid-century apartments, and newer multifamily development, with easy access to Hollywood, Los Feliz, Griffith Park, and major transit routes. Popular with renters, creatives, and investors alike, Melrose Hill continues to see steady demand. The median home sales price is approximately $900,000, though pricing varies widely by property type and location within the neighborhood....
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Home facts
- Year built:1965
- Listing ID #:26907637
- Added:25 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Living area:8,648 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1965
- Building area:8,648 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,050,000
- Price per sq. ft.:$237.05
Parking
- Total parking spaces:16
- Parking description:Covered, Gated
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