$3,925,000

Estimated payment $25,270/month

Total Views 2,091
-- Bed
1 Bath
12,168 Sq Ft
$323 Price per Sq Ft

Highlights

  • Park
  • Laundry Room
  • 2-minute walk to Lexington Park
  • STEM Academy at Bernstein High Rated A-
  • Bike Trail

About This Home

Lamlex La Mirada is a 30-unit apartment community constructed in 1925. Situated in the Hollywood submarket, the property consists of (30) Studio/One-Bathroom units totaling 325 square feet per unit. The property is located minutes away from two major thoroughfares, Santa Monica Blvd, Sunset Blvd, and the 101 Freeway. Residents benefit from the short commute to Downtown Los Angeles and the walking distance to all nearby amenities along Sunset Strip and Santa Monica Blvd.

Listing Agent

Brent Sprenkle

NorthMarq Realty Services, Inc Brokerage Phone: 310-621-8221 License #01290116 Listed on: 04/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 1 Bathroom
  • 12,168 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location
  • Suburban Location

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 15 / 2
  • Tax Tract Number 80
  • Assessor Parcel Number 5536002013
  • $1,873 per year additional tax assessments

Community Details

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 30 Separate Electric Meters
  • 30 Separate Gas Meters
  • Operating Expense $201,222
  • Gross Income $414,499
  • Net Operating Income $213,278

Additional Features

  • 30 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • CapRate: 5.43
  • Price Per Unit: 130833
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5536002013
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 322.57

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Rural, Sidewalks, Storm Drains, Street Lights, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 414499.00
  • Gross Multiplier: 9.20
  • Gross Scheduled Income: 414499.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 213278.00
  • Number Of Separate Electric Meters: 30
  • Number Of Separate Gas Meters: 30
  • Number Of Units Total: 30
  • Operating Expense: 201222.00
  • Rent Control: No
  • Total Expenses: 201222.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 1909.01
  • Tax Lot: 15
  • Tax Tract Number: 80
  • TaxOtherAnnualAssessmentAmount: 1873.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $3,925,000 -- $323 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25072386

California Regional Multiple Listing Service (CRMLS)