Three-Story Apartment
For Sale
$2,050,000
5345 La Mirada Ave, Los Angeles, CA 90029
Ten-unit residential property with a mix of one- and two-bedroom residences, select renovations, and city views.
Property Size8,648 SF
Lot Size0.17 Acres
Price / SF$237.05
Days on Market50
Property Features for 5345 La Mirada Ave
General Information
Standard status
Active
Size
8,648 SF
Lot size
0.17 Acres
Property subtype
Residential Income
Zoning
LARD1.5
Financials
Cap Rate
5.96%
Gross Rent Multiplier
10.86
Units
Unit Mix
8 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units
10
Additional Details
Public Transit
Yes
Building Details
Year Built
1965
Buildings
1
Stories
3
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Nicole Apostolos · License #01464936
(818) 380-5294
Source:
Exprealty
Added: Aug 31
Changed: Oct 11
Last Checked: Oct 19 at 11:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union
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Investment Insights
Based on property information with market context.
Built in 1965, this three-story apartment building contains 10 residences totaling 8,648 SF on a 7,500 SF LARD1.5-zoned lot. The unit mix includes eight 1-bed/1-bath apartments and two 2-bed/2-bath apartments, with average layouts of approximately 600 SF and 800 SF, respectively. Common interior features include hardwood flooring, wall A/C units, ceiling fans, and storage. Five apartments have received updates to kitchens, bathrooms, and windows.
Two end units have windows on three sides, bringing in natural light and offering views toward Hollywood and Downtown Los Angeles. The property is in East Hollywood, with access to Hollywood, Los Feliz, Griffith Park, and major transit routes. Current performance reflects a 5.96% CAP Rate and 10.86 GRM.
Two end units have windows on three sides, bringing in natural light and offering views toward Hollywood and Downtown Los Angeles. The property is in East Hollywood, with access to Hollywood, Los Feliz, Griffith Park, and major transit routes. Current performance reflects a 5.96% CAP Rate and 10.86 GRM.
Key Highlights
- 10‑unit apartment building totaling 8,648 SF
- Eight 1‑bed/1‑bath units and two 2‑bed/2‑bath units
- Situated on a 7,500 SF LARD1.5‑zoned lot
Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
3,990
Businesses Nearby
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Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Ten-unit residential property with a mix of one- and two-bedroom residences, select renovations, and city views.
Where is this apartment building located?
The property is located at 5345 La Mirada Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 10‑unit apartment building totaling 8,648 SF; Eight 1‑bed/1‑bath units and two 2‑bed/2‑bath units; Situated on a 7,500 SF LARD1.5‑zoned lot
