Property Detail

5623 Meridian

Los Angeles CA 90042

$3,500,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Zachary Freehling of Keller Williams Beverly Hills. Last updated 2025-08-19 08:11:38.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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