La Mirada Apartment 5757 La Mirada Ave Immeuble residentiel 20 lots 3 664 374 € (183 219 €/Lot) Taux de capitalisation 5,34 % Los Angeles, CA 90038

~33% Rental Upside Potential
This property offers a significant value-add opportunity with current rental rates below market value. Investors can capitalize on approximately 33% rental upside by making strategic upgrades, enhancing tenant appeal, and maximizing income potential.
Highly Desirable Hollywood Location
Positioned just three blocks north of Santa Monica Boulevard on La Mirada Ave, this property boasts a prime location within Hollywood. Residents enjoy convenient access to upscale dining, shopping, and entertainment, enhancing tenant demand.
Located in a Qualified Opportunity Zone – Significant Tax Benefits
Investors can take advantage of substantial tax incentives by leveraging this property’s Qualified Opportunity Zone designation, making it an excellent long-term hold.
Surrounded by World-Renowned Entertainment Studios
Hollywood’s most prestigious studios are just minutes away, fueling demand from entertainment industry professionals:
• Netflix HQ – The leading streaming service with more than 300 million paid subscribers across 190+ countries, has a workforce of nearly 14,000 employees. One of its company’s headquarters is situated just a block away from 5757 La Mirada Ave.
• Paramount Pictures, Universal Studios, Warner Bros., & Walt Disney Studios –Outside of Netflix, other major entertainment powerhouses, vast employers in their own right, are located within a few miles.
Rare Investment Opportunity in the Thriving Hollywood Submarket
For investors looking to establish a strong foothold in one of LA’s most dynamic rental markets, this property presents a rare chance to acquire a well-positioned asset with significant growth potential.