5623 Meridian Street
Los Angeles, CA 90042 • 20 Bed • 20 Bath • 11,738 sq.ft.

Property summary

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.

Days on market: 8

Listing updated: August 19, 2025 - 12:59:08

Property details

Property ID
25577281
Size
11738 sq.ft.
Home Type
Residential Income
Year Built
1963
Property Size
0.2897 acre
Garage
Levels
2
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Zachary Freehling DRE #01879326 310-432-6400, Keller Williams Beverly Hills - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X74054 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
20
Kitchen
Microwave, Refrigerator
Cooling
N/A
Heating
Wall Furnace
Flooring
N/A
Laundry
N/A
$3,500,000
Property price
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Revesty savings: $115K
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Est.: $14,000/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-09-08 11:55:50 PST and /or other sources. 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.

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