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$3,500,000
16 Days On Site

5623 Meridian Street
Los Angeles, CA 90042

For Sale|Residential Income|Active
20
Beds
20
Total Baths
11,738
SqFt
$298
/SqFt
1963
Built
County:
Los Angeles
Listed by Zachary Freehling of Keller Williams Beverly Hills [email protected]

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5623 Meridian Street5623 Meridian Street5623 Meridian Street5623 Meridian Street
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We proudly present 5623 Meridian St. This prime Highland Park property offers incredible seller financing at 3.80% interest-only, fixed for five years, with a loan balance of $2,175,000. Featuring significant upside in rents, it delivers an attractive 6.02% cash-on-cash return from day one. Located just steps from York Boulevard and one mile from Figueroa Street, the property boasts large, spacious units averaging 835 square feet and a desirable unit mix of eight one-bedroom/one-bath and six two-bedroom/two-bath layouts, making it an exceptional investment opportunity.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
16 Days
Bedrooms 
20
Inside Area (SqFt) 
11,738 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2897 Acres
Year Built 
1963
MLS® Number 
25577281
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2897
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
12
Special Circumstances 
Standard
SqFt Total 
11738
Stories 
Two
Zoning 
LAR1
Interior Features
Appliances 
MicrowaveRefrigerator
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
632 - Highland Park


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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1445 Huntington Dr., Suite 260
South Pasadena, CA 91030 US
T: (888) 958-0598 F: (888) 415-8354
DRE #01998340
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