5623 Meridian Street, Los Angeles, CA 90042

Local realty services provided by:ERA North Orange County Real Estate
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5623 Meridian Street,Los Angeles, CA 90042
$3,500,000
  • 20 Beds
  • 20 Baths
  • 11,738 sq. ft.
  • Multi-family
  • Active
Listed by:zachary freehling
Office:keller williams beverly hills
MLS#:25577281
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$298.18

About this home

We proudly present 5623 Meridian St. This prime Highland Park property offers incredible seller financing at 3.80% interest-only, fixed for five years, with a loan balance of $2,175,000. Featuring significant upside in rents, it delivers an attractive 6.02% cash-on-cash return from day one. Located just steps from York Boulevard and one mile from Figueroa Street, the property boasts large, spacious units averaging 835 square feet and a desirable unit mix of eight one-bedroom/one-bath and six two-bedroom/two-bath layouts, making it an exceptional investment opportunity.

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Home facts

  • Year built:1963
  • Listing Id #:25577281
  • Added:7 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:20
  • Living area:11,738 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1963
  • Building area:11,738 sq. ft.
  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$298.18
Based on information from California Regional Multiple Listing Service, Inc. as of August 19, 2025 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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