5747 La Mirada

KW Commercial Beverly Hills is pleased to present this great *VALUE ADD* 8 unit apartment building in an Opportunity Zone! It is located in in prime Hollywood. It has a possible substantial rental upside of 42% and is currently 100% occupied. The property consists of 8 x 1 bedroom/ 1 bathroom unit mix. 6 of the 8 units have been remodeled in the past 2-3 years. Throughout the last few years, there have been upgrades to plumbing, electrical, and the roof. There is laundry on site. Take advantage of the possibility to add ADU to create additional income. This densely populated neighborhood’s popularity has grown significantly over the recent years, with a lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood caters to young professionals, and hipsters alike. It is conveniently just a short walking distance away to the famous Netflix and KTLA Channel 5 Sunset Bronson Studios. Even better, the iconic Hollywood sign is also visible from the property! It has a Walk score of 81 and a Transit score of 65.