CA > Los Angeles
Los Angeles, CA 90042,5623 Meridian St
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Los Angeles, CA 90042,5623 Meridian St
Los Angeles, CA 90042,5623 Meridian St
Los Angeles, CA 90042,5623 Meridian St
Los Angeles, CA 90042,5623 Meridian St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 3,500,000
Est. payment /mo
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5623 Meridian St Los Angeles, CA 90042

20 Beds

20 Baths

11,738 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,738 sqft

Price per Sqft $298

MLS Listing ID 25577281

Bedrooms 20

Year Built 1963

Lot Size 0.290 Acres

Acres 0.2897

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Microwave, Ceiling Fan, Refrigerator, Range/Oven

Exterior

Parking Features Covered Parking

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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