$ 1,870,000
-
$1,870,000
Price -
45
Bed -
47
Bath -
13,635
SqFt
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About the Listing OC13585 - OCLIUZHU
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.
Listing Highlights
Interior Details
- Bedrooms: 45
- Bathrooms: 47 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces: See Remarks
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Back Yard,Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR3
- Roof:
- Others:
- Sewer: Private Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5536002012
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5621 La Mirada Ave Los Angeles, CA 90038
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