Hollywood Co-Living Investment
For Sale
Contact for pricing
5621 La Mirada Avenue, Los Angeles, CA 90038
RTI ready Hollywood project with strong rental income potential.
Property SizeContact for details
Days on Market275
Property Features for 5621 La Mirada Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Public Rec
Building Details
Buildings
1
Stories
4
Units
1
Listing Agency:
Pinnacle Real Estate Group
(949) 202-8067
Listed By:
Zhu Liu · License #02116709
Source:
Crexi
Added: Nov 10, 2025
Changed: Aug 8
Last Checked: Aug 11 at 6:26PM
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 Pinnacle Real Estate Group
Investment Insights
Based on property information with market context.
This Hollywood project presents an investment opportunity in a high-demand rental market. The property is situated in the heart of Hollywood, offering proximity to major job centers, schools, and public transportation. Designed with a modern co-living concept, the building features 45 private bedrooms, each equipped with an ensuite bathroom. This design is suitable for young professionals or transitional housing programs. The location provides convenient access to the Netflix headquarters, the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard, Hollywood nightlife, Downtown Los Angeles, and other Los Angeles attractions. This property is suitable for housing groups specializing in student housing, young professionals, corporate housing, healthcare assisted living, transition, and affordable housing. Located near the 110 Freeway, tenants will benefit from modern living in a prime Hollywood location. The project is positioned to generate returns for investors through rental revenue and potential appreciation upon sale. This high-density residential building is designed for long-term rental income or resale, offering stable cash flow and upside potential.
Key Highlights
- RTI (Ready‑To‑Issue) permits in place for immediate development
- Prime Hollywood location near major job centers, public transportation, and the Netflix headquarters
- High‑density residential building designed for co‑living with 45 private bedrooms, each with an ensuite bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - RTI ready Hollywood project with strong rental income potential.
Where is this apartment building located?
The property is located at 5621 La Mirada Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,870,000.
What are key features of this property?
This property features: RTI (Ready‑To‑Issue) permits in place for immediate development; Prime Hollywood location near major job centers, public transportation, and the Netflix headquarters; High‑density residential building designed for co‑living with 45 private bedrooms, each with an ensuite bathroom
