5622 La Mirada Ave Los Angeles, CA 90038

$2,900,000 Sold Price as of 07/07/2017

18 Beds
9 Baths
6,754 Sq.Ft.

Off Market

$2,900,000 Sold Price as of 07/07/2017 Refinance Your Mortgage

Map preview of 5622 La Mirada Ave, Los Angeles, CA 90038

Property Overview: 5622 La Mirada Ave Los Angeles, CA has 18 bedrooms, 9 bathrooms, 6,754 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5622 La Mirada Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5622 La Mirada Ave

Last sold for $2,900,000 on July 7th, 2017

September, 2022
Sep 20, 2022

Date

Expired

CRMLS: 22183217

$2,800,000

Price
Jul 27, 2022

Date

Active

CRMLS: 22183217

$2,800,000

Price
Listing provided courtesy of CRMLS

I am pleased to present the opportunity to acquire 5622 La Mirada Avenue, a nine-unit multifamily building in prime Hollywood. As one of Los Angeles densely populated neighborhoods, this submarkets popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. La Mirada Avenue is considered a Walkers Paradise with an 89 Walk Score and is situated a short distance from highly desirable dining and entertaining options. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers, new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with stable operating history and remaining rental upside.

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June, 2022
Jun 22, 2022

Date

Expired

CRMLS: 21796932

$2,800,000

Price
Oct 19, 2021

Date

Active

CRMLS: 21796932

$3,100,000

Price
Listing provided courtesy of CRMLS

I am pleased to present the opportunity to acquire 5622 La Mirada Avenue, a nine-unit multifamily building in prime Hollywood. As one of Los Angeles densely populated neighborhoods, this submarkets popularity has grown significantly over the recent years, with a vibrant and lively nightlife scene and trendy retail and coffee shops in the immediate area. With new ground-up development in the gentrifying area, Hollywood has been catering to young professionals, and hipsters alike in recent years. La Mirada Avenue is considered a Walkers Paradise with an 89 Walk Score and is situated a short distance from highly desirable dining and entertaining options. Current ownership has renovated approximately 67% of the units at the property with high-end finishes including new countertops, in-unit washer/dryers, new laminate flooring, and new stainless-steel appliances. The property offers investors a unique opportunity to acquire a well-maintained asset with stable operating history and remaining rental upside.

Continue Reading
September, 2021
Sep 14, 2021

Date

Withdrawn

CRMLS: 21766180

$3,200,000

Price
Jul 28, 2021

Date

Active

CRMLS: 21766180

$3,200,000

Price
Listing provided courtesy of CRMLS
September, 2018
Sep 23, 2018

Date

Expired

CRMLS: 18370832

$2,950,000

Price
Sep 6, 2018

Date

Withdrawn

CRMLS: 18370832

$2,950,000

Price
Aug 2, 2018

Date

Price Change

CRMLS: 18370832

$2,950,000

Price
Jul 31, 2018

Date

Active

CRMLS: 18370832

$3,100,000

Price
Listing provided courtesy of CRMLS

We proudly present the exclusive listing 5622 La Mirada Ave. Located in sought after Hollywood, this 9 unit apartment building consists of a unit mix of 6(1+1) and 3(2+1). The building has recently been beautifully renovated with condo quality enhancements. Property upgrades include in unit laundry, recessed lighting, new air conditioning, stainless steel appliances, new flooring, Caeserstone counter tops, new bathroom vanities and redesigned landscaping. Near the property sits many major employment hubs such as Netflix, Paramount Studios and Viacom. Tenants are also just around the corner from the 101 Freeway and a quick commute from Downtown.

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July, 2018
Jul 14, 2018

Date

Expired

CRMLS: 18345442

$3,100,000

Price
May 17, 2018

Date

Active

CRMLS: 18345442

$3,100,000

Price
Listing provided courtesy of CRMLS

We proudly present the exclusive listing 5622 La Mirada Ave. Located in sought after Hollywood, this 9 unit apartment building consists of a unit mix of 6(1+1) and 3(2+1). The building has recently been beautifully renovated with condo quality enhancements. Property upgrades include in unit laundry, recessed lighting, new air conditioning, stainless steel appliances, new flooring, Caeserstone counter tops, new bathroom vanities and redesigned landscaping. Near the property sits many major employment hubs such as Netflix, Paramount Studios and Viacom. Tenants are also just around the corner from the 101 Freeway and a quick commute from Downtown.

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July, 2017
Jul 7, 2017

Date

Sold (Public Records)

Public Records

$2,900,000

Price
May, 2017
May 4, 2017

Date

Canceled

CRMLS: 17216750

$3,050,000

Price
Apr 28, 2017

Date

Active

CRMLS: 17216750

$3,050,000

Price
Apr 18, 2017

Date

Hold

CRMLS: 17216750

$3,050,000

Price
Mar 31, 2017

Date

Active

CRMLS: 17216750

$3,050,000

Price
Listing provided courtesy of CRMLS

5622 La Mirada is a 9 unit multi-family apartment building located in Hollywood. The building is made up of 3 two bedroom units and six one bedrooms units. Six of the units have been thoroughly upgraded throughout, including major system upgrades. The property has 7 secure parking.

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April, 2016
Apr 6, 2016

Date

Sold (Public Records)

Public Records

$1,800,000

Price

Tax History for 5622 La Mirada Ave

Assessed Value (2020): $3,018,360

Year	Land Value	Improved Value	Assessed Value
2020	$2,080,800	$937,560	$3,018,360

About 5622 La Mirada Ave

Detailed summary of property

5622 La Mirada Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90038 and last sold on July 7, 2017 for $2,900,000. This property has 18 bedrooms, 9 bathrooms, roughly 6,754 living square feet, and sits on an approximately 7,499 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 158.93% higher than the current median priced home. 5622 La Mirada Ave was last sold on July 7, 2017 for $2,900,000. Local nearby listings include 5637 Observation Ln, 918-1 N Ridegwood Pl and 739-1 N Gramercy Pl. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5622 La Mirada Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5622 La Mirada Ave

Public county record property details

Beds: 18
Baths: 9
Year built: 1958
Sq. Ft.: 6,754
Lot Size: 7,499
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5536-004-006

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,299,000

Median List Price/Sq.Ft.

$666

Median Sold Price

$1,089,000

Median Sold Price/Sq.Ft.

$642

Total Inventory

Median Sale to List Price %

90.83%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Call, Text or Message

(714) 706-1823

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