4603 La Mirada Avenue & 1255 Lyman Place 4603 La Mirada Avenue & 1255 Lyman Place
Los Angeles, CA 90029

4603 La Mirada Avenue & 1255 Lyman Place presents an exceptional opportunity to acquire a fully renovated low-rise multifamily asset in the heart of the Los Feliz submarket. Built in 1922 and comprehensively upgraded in 2023, the property offers nine units across 5,082 rentable square feet on a 0.30-acre site, featuring an average unit size of 565 square feet, 100% occupancy and a communal outdoor space that enhances tenant appeal.

Offered at $4,500,000, this stabilized asset delivers an in-place net operating income of $233,049, representing a 5.18% current cap rate and a competitive price...