
Los Angeles, California 90038
This 2025-built Residential Income Asset represents a High-Potential Investment Opportunity, listed at $5,400,000—positioned above the $5,107,053 Fair Market Value. Featuring 32 private bedrooms with en-suite bathrooms, this property offers a modern co-living model designed for maximum rental yield. With a Mint Condition Rating, the asset requires no immediate capital expenditure, ensuring immediate operational readiness. Its prime Hollywood location guarantees strong tenant demand, making this a strategic acquisition for Buy-and-Hold Investors or Institutional Portfolio Managers seeking stable, high-density cash flow in a high-growth market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5652 La Mirada Avenue Subject 0 bd · 0 ba · 9,424 sqft · $542 | $5,400,000* List Price | 0 | 0 | 9,424 | $542 | - |
A 6239 Banner Avenue Active 0 bd · 0 ba · 8,085 sqft · $469 · 0.8 mi | $3,795,000 List Price | 0 | 0 | 8,085 | $469 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features modern kitchens with stainless steel appliances, contemporary flooring, recessed lighting, and new systems throughout. No maintenance required.
Featuring 32 private bedrooms each with its own bathroom, this co-living model maximizes rental yield and offers exceptional cash flow potential for savvy investors.
Situated in the heart of Hollywood near major entertainment hubs, shopping, and freeway access, the property ensures high tenant demand and long-term appreciation.
Built in 2025, this modern facility provides the benefits of contemporary design, energy efficiency, and minimal immediate maintenance requirements for the new owner.
The co-living structure with 32 individual rentable units requires intensive property management and higher administrative oversight compared to traditional multi-family assets.
The reliance on shared kitchens and laundry facilities may limit the tenant pool to a specific demographic and could lead to higher turnover rates.
5654 La Mirada Ave features 32 private bedrooms, each with its own private bathroom, offering an attractive co-living investment with strong rental income potential. Residents enjoy shared kitchens and convenient washer/dryer facilities on each floor. Ideally located in the heart of Hollywood with easy freeway access, the property is close to supermarkets, restaurants, Home Depot, shopping, entertainment, and the iconic Hollywood Walk of Fame. With 32 individually rentable units and a highly desirable Hollywood location, this property presents an excellent opportunity for investors seeking strong cash flow and long-term investment potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 9,424 | 2,090.331 |
| Lot Size | 7,502 | 5,852.908 |
| Price | $5.40M | $830.9K |
| Price per sq ft | $573 | $394 |
| Built year | 2025 | 1928 |
| HOA | $0 | $0 |
| Days on market | 34 | 87 |
Oct 6, 2026
$5,400,000
Initial Listing
Oct 26, 2020
$1,170,000
Public Record
Jan 19, 2001
$175,000
Public Record