5623 Meridian Street, Los Angeles, CA 90042

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
#1#2#3
5623 Meridian Street,Los Angeles, CA 90042
$3,500,000
  • 20 Beds
  • 20 Baths
  • 11,738 sq. ft.
  • Multi-family
  • Active
Listed by:zachary freehling
Office:keller williams beverly hills
MLS#:25577281
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$298.18

About this home

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.

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Home facts

  • Year built:1963
  • Listing Id #:25577281
  • Added:10 day(s) ago
  • Updated:August 22, 2025 at 10:25 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:20
  • Living area:11,738 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:11,738 sq. ft.
  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$298.18
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