JLL, as exclusive advisor, is pleased to present for sale 5830 La Mirada Ave (the “Property” or “La Mirada”); a centrally located multifamily investment opportunity situated in the renowned Hollywood submarket of Los Angeles. La Mirada is a 10-unit, 2-story wood frame property comprised of 1- and 2-bedroom apartments with an average unit size of ±775 square feet. Partially renovated with rents that are ±87% below market, the Property provides investors with significant runway for future rent growth. Additionally, La Mirada is offered with attractive assumable financing (5.67% fixed rate) that is well below today’s market rates.

Ideally situated between Hollywood, Silver Lake, and the 101-freeway, the Property offers a unique combination of proximity to a diverse array of amenities and unmatched accessibility to all major employment centers throughout Los Angeles. Home to vibrant concert venues and numerous renowned restaurants, Hollywood has garnered the reputation as one of Los Angeles’s hottest neighborhoods. Iconic hotspots such as Osteria Mozza, Musso & Franks, Mama Shelter, and internationally recognized Tao Group venues attract permanent residents and visitors alike to experience all that the area has to offer.