
Los Angeles, California 90038
Analysis of 5652 La Mirada Avenue, Los Angeles, California 90038 is currently available with a list price of $7,700,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new co-living construction completed in 2025. The property features 32 bedrooms with private en-suite bathrooms, modern kitchens with new appliances, central air conditioning, and contemporary flooring and fixtures throughout. As a new build, all components meet current quality standards with no physical depreciation or deferred maintenance.
Completed in 2025, this purpose-built co-living facility features 32 bedrooms each with its own private en-suite bathroom, offering a turnkey, high-density investment with modern amenities and central air conditioning.
The property is strategically located within walking distance of Netflix headquarters and major landmarks like the Walk of Fame and Sunset Boulevard, ensuring high demand from young professionals and students.
With three distinct units and a total of 32 beds, the property is ideally configured for a master lease, student housing, corporate rentals, or government-funded housing programs, providing diverse income streams.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9424, other record living area = 1807. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 32, other record bedroom count = 3.
The high-density co-living model with 32 individual bedrooms requires more intensive management, higher tenant turnover oversight, and more frequent maintenance of shared common areas compared to traditional multi-family units.
Accommodating 32 potential residents on a 7,502 square foot lot may lead to significant parking constraints and high wear-and-tear on the property's shared infrastructure.
Excellent Master Lease opportunity in the center of Hollywood for Investors! This is a brand new Co-Living building constructed in 2025, with 32 bedrooms all with Private En-suite Bathrooms spread across 3 large modern units. The first unit is 3 stories with 10 bedrooms & 10 ensuite bathrooms, washer/dryer on each floor, and the common kitchen is located on the second floor. The second unit is 3 stories with 18 bedrooms with 18 ensuite bathrooms with one shared kitchen. The third unit can be rented out completely by one family since it is single-story and offers 4 bedrooms with 4 ensuite bathrooms plus an additional ADA compliant bathroom. The bedrooms provide tenants with utmost privacy and comfort with their own Private En-Suite bathrooms, central air conditioning, washer dryer laundry on each floor, full closets, shared kitchens and living rooms! This co-living environment is perfect for young professionals, students, and anyone looking for an affordable living situation in an upscale brand new building. This is one of the newest buildings completed in 2025 located walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. This is a great property for all types of tenants. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. Perfect for a master lease for the government program. If you are interested in purchasing this property, please send your offer and POF to the listing agent’s email.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 32.0 | 4.5 | 75% |
| Baths | 32.0 | 4.5 | 75% |
| Square foot | 9,424 | 3,474 | 75% |
| Lot Size | 7,502 | 6,436.5 | 75% |
| Price | $7.70M | $1.01M | 75% |
| Price per sq ft | $817 | $455 | 75% |
| Built year | 2025 | 1927 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 164 | 191 | 25% |
Jan 20, 2026
$7,700,000
$8,000,000
-4% Price Drop
Initial Listing
Nov 9, 2025
$8,000,000
Initial Listing
Oct 26, 2020
$1,170,000
Public Record
Jan 19, 2001
$175,000
Public Record