Los Angeles homes
For sale356 days on market
$1,870,000

5621 La Mirada Avenue, Los Angeles, CA 90038

—
Beds
—
Baths
—
Sq ft

About this home

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.

Type
Duplex
Year built
1920
Lot
7,494 sq ft
Garage
—
HOA
None
Pool
No
View
—
Solar
—
Estimated payment
$11,793/mo
  • Principal & interest$9,456
  • Property tax (est.)$1,792
  • Home insurance (est.)$545

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Zhu Liu, Pinnacle Real Estate Group, 626-233-3077. MLS# OC25257943. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:29 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

Similar homes in Los Angeles