5623 Meridian St

Los Angeles, CA 90042
  • $3,500,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 11,738

    SqFt

About the Listing CLW-X74054 - CLW-C112686

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.

Listing Highlights for 5623 Meridian St

Status Active
Days on Site 79
Property Type Multi-Family
MLS ® 25577281
Year Built 1963
Total Square Footage 11,738
Lot/Acreage 0.29

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Microwave, Refrigerator
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s)
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Zoning: LAR1
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Covered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5485009029
  • Tax Year: N/A

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Questions About..

5623 Meridian St Los Angeles, CA 90042

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Originating MLS: CRMLS

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