4603 La Mirada Avenue
Los Angeles, CA, 90029 $ 4,500,000
Bedrooms10 Baths7.0 Sq 5,082 Monthly Estimate*
$ 27,707
Listed by Marcus & Millichap
for $4,500,000 with 10 bedrooms and 7 full baths. This 5,082 square foot home was built in 1922 on a lot size of 0.3.
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.
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FeaturesGeneralLiving Area 5082
Appliances Refrigerator Dryer Washer
Zoning LARD1.5
Year Built 1922
Levels Multi/Split
Gross Income 358116
County Los Angeles
Net Operating Income 233049
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Santa Monica Blvd and South of Fountain Ave.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 9
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 13068
Standard Status Active
Cap Rate 5.18
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InteriorTotal Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 10
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ExteriorParking Features Door-Multi Garage Uncovered
Total Parking 9
Lot Size Area 13068
Number of Buildings 2
Building Area Total 5082
Lot Size Acres 0.3
Lot Size Source Assessor
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $27,707
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,850,739
Percent of Sale Price 59%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $4,500,000 | | Listed Price |