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Real Estate Listing at Properties from The Knight Group LA

Properties

The Knight Group LA

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$3,500,000
18 Days On Site

5623 Meridian Street
Los Angeles, CA 90042

For Sale|Multi Family|Active
20
Beds
20
Total Baths
11,738
SqFt
$298
/SqFt
1963
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
5623 Meridian Street5623 Meridian Street5623 Meridian Street5623 Meridian Street
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Mortgage Calculator

Monthly Payment (Est.)

$15,968
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$3,500,000
Days On Site 
18 Days
Bedrooms 
20
Inside Area (SqFt) 
11,738 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2897 Acres
Year Built 
1963
MLS® Number 
25577281
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.2897
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
12
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
11738
Stories 
Two
Zoning 
LAR1
Interior Features
Appliances 
MicrowaveRefrigerator
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
632 – Highland Park
Listing courtesy of Zachary Freehling of Keller Williams Beverly Hills
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Based on information from the The MLS as of 2025-08-30 03:20 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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