4603 La Mirada Ave , Los Angeles, CA 90029
$4,450,000
Est. Payment: $23,766.11/mo
3 Bed
4 Bath
5082 Sqft
Status: Active | Days on site: 51
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CLW-X75151 - CLW-C112897
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House Description

We are pleased to present a boutique multifamily portfolio located at 4603 La Mirada Avenue (three units) and 1255 Lyman Place (six units) in the highly desirable Los Feliz submarket of Los Angeles. Offered together, this nine unit collection delivers a rare opportunity to acquire a design forward, low density portfolio featuring flexible furnished living, modern smart-home amenities, and architectural character in one of the Eastside's most supply-constrained rental markets. The Offering is well positioned for investors seeking differentiated assets with strong tenant appeal and long-term hold fundamentals.4603 La Mirada Avenue and 1255 Lyman Place consists of two adjacent properties totaling nine (9) units, including a three-unit building at 4603 La Mirada Avenue and a six-unit building at 1255 Lyman Place, both designed by renowned architect Dean Levin. Levin, who trained in architecture at Pratt Institute in New York founded 22RE in 2021 with a specific focus on extending and elevating Los Angeles' Spanish Revival and midcentury modern homes. Paying homage to Mid-Century Craftsman roots, the villas seamlessly integrate modern functionality with curated finishes and automated living spaces. Units may be delivered furnished or unfurnished, with furnishings removable upon request, allowing operational flexibility. Interiors feature in-unit washer/ dryers, air conditioning, hardwood and tile flooring, plaster and tile-finished bathrooms, and fully equipped kitchens with premium appliances including dishwashers, microwaves, ovens, refrigerators, freezers, and integrated coffee systems. Select units offer dining rooms, office spaces, and built-in bookshelves. The gated, smoke-free community also includes yard space, concierge-style services, and a tranquil residential setting that enhances tenant comfort and retention.Located in Los Angeles County within the 90029 ZIP Code, 4603 La Mirada Avenue and 1255 Lyman Place benefits from a prime Los Feliz location with immediate access to the Eastside's most coveted lifestyle amenities. The property is within distance to Erewhon Silver Lake, Saffy's, and a growing collection of acclaimed dining, retail, and cultural destinations throughout Los Feliz and Silver Lake. Residents enjoy convenient connectivity to Downtown Los Angeles and direct access to the 101 Freeway, positioning the portfolio near major employment hubs while retaining a neighborhood-oriented residential feel. Los Feliz remains a high-barrier, high-demand submarket characterized by limited new supply, strong demographics, and consistent renter demand driven by walkability, character housing stock, and proximity to the city's creative core.

Highlights

Listed by Filip Niculete , 8182122748 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.3

Year Built

1922

County

Los Angeles

Area

C21 - Silver Lake - Echo Park

Listing ID

26945097

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:4
  • Full Bathrooms:0
Appliances:Refrigerator, Dryer, Washer

Exterior Features

Lot:No Land Lease
Garage Capacity:9
Zoning:LARD1.5
Others:
  • Additional:2+ Total Units
Parking Features:Door-Multi,Garage,Uncovered
Principal Interest
$23,766
Taxes
$2,837

Home Price

$4,450,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$890,000
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Monthly Price:
$23,766.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $23,766.11 $2,836.88 $0.00 $26,602.99
Yearly $285,193.37 $34,042.50 $0.00 $319,235.87
Total $8,555,801.25 $1,021,275.00 $0.00 $9,577,076.25

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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