4603 La Mirada Avenue
Los Angeles, CA, 90029 $ 4,500,000
Baths0.0 Sq 5,082 Monthly Estimate*
$ 27,707
Studio for $4,500,000. 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.
See more
FeaturesGeneralLiving Area 5082.0
Zoning LARD1.5
Year Built 1922
Levels Multi/Split
County Los Angeles
Net Operating Income 233049.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 13068.0
Standard Status Active
See more
InteriorKitchen Appliances Refrigerator
Total Stories 2
Laundry Features Washer Included Dryer Included
Total Baths 0
See more
ExteriorParking Features Uncovered Garage - Three Door
Lot Size Area 13068.0
Pool Y/N? Yes
Building Area Total 5082.0
Lot Size Acres 0.3
Land Lease Type Fee
See more
* Excluded FeaturesList ByFilip NiculeteListing Agent
Affordability 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 $1,837,781
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $4,500,000 | | Listed Price |