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5633 La Mirada Ave, Los Angeles, CA 90038
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5633 La Mirada Ave Los Angeles, CA 90038

$1,700,000
  • 9 Beds
  • 6 Baths
  • 3,884 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified
Map preview of 5633 La Mirada Ave, Los Angeles, CA 90038

Property Overview: 5633 La Mirada Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 3,884 living square feet and 6,275 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: POSSIBLE TO DELIVER 100% VACANT. DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom) + (2 bedroom / 1 bathroom) units totaling 2,046 Sq Feet generating $4500 a month. Close proximity to Silver Lake , Paramount Pictures , Downtown Los Angeles and Hollywood. The Front unit is currently tenant occupied, please do not disturb the tenants. THIS WILL BE A STABLE CASH COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS(all utilities, including and not limited to water/sewer is being paid by tenants)

Listed by Max Lee | BRE #01905008 | Real Broker
Last checked: 4 minutes ago | Last updated: May 8th, 2024 | Source CRMLS | DOM: 35
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Home details

Lot Sq. Ft
6,275
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24375593
City
Los Angeles
County
Los Angeles
Time on Site
36 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.7%
  • Gross Rent Multiplier: 13.88
  • Gross Scheduled Income: --
  • Net Operating Income: $97,400
  • Gross Operating Income: $122,400
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5633 La Mirada Ave

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Property Details for 5633 La Mirada Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 3
  • Parcel Number: 5536002010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica , South of Fountain and Between Wilton and St Andrews pl.
View more facts & features

Local Los Angeles Agent

Sale History for 5633 La Mirada Ave

Last sold for $1,000,000 on April 28th, 2023

  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: 24375593

    $1,700,000

    Price

  • April, 2023

  • Apr 28, 2023

    Date

    Sold

    CRMLS: 23245177

    $1,000,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: 23245177

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Investors dream! Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, Potential to build up to 14 unit (buyer to verify) .The Property consists of a remodeled duplex in the front with 2 ( 1 bedroom/ 1bathroom) units generating $4500 a month ( Subject to rent control) and 2 accessory living quarter that could potentially be converted to ADUs (Buyer to verify). Close proximity to Silver Lake , Paramount Pictures , Downtown Los Angeles and Hollywood. The property is currently tenant occupied, please do not disturb the tenants. Property is being sold purely as land value. Contact agent for showings.

  • February, 2023

  • Feb 27, 2023

    Date

    Canceled

    CRMLS: 23231379

    $995,000

    Price

  • Jan 10, 2023

    Date

    Active

    CRMLS: 23231379

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Lowest priced duplex in Hollywood. Property sits on a 6339 square foot lot zoned LAR3. Property consists of a front duplex composed of two 1-bedroom/1-bathroom units. . One tenant leases both units for $4500 per month. In the rear there are two vacant Accessory Living Quarters (NOT (ADU) Accessory Dwelling Units) with potential to convert these units to ADUs - Buyer to verify. Interior and exterior were rennovated. Property is subject to rent control. Seller will not consider Seller-Financing.

  • September, 2020

  • Sep 19, 2020

    Date

    Expired

    CRMLS: 20620080

    $849,000

    Price

  • Aug 28, 2020

    Date

    Withdrawn

    CRMLS: 20620080

    $849,000

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: 20620080

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity! Lowest Price Per SF! Located in the Opportunity Zone. 6335 sf (with potential, Buyer to verify, of going to approx 7500 sf) LAR3-1 Tier 3 TOC Lot. The property is currently in REAP. ALL OFFERS ARE DUE 8/27/2020 by 5:00PM.PLEASE DO NOT DISTURB OCCUPANTS. Building size and unit mix are per the assessor records, Buyer to verify.

  • September, 2020

  • Sep 18, 2020

    Date

    Expired

    CRMLS: 20620242

    $849,000

    Price

  • Aug 28, 2020

    Date

    Withdrawn

    CRMLS: 20620242

    $849,000

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: 20620242

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Development Opportunity! Lowest Price Per SF! Located in the Opportunity Zone. 6335 sf (with potential, Buyer to verify, of going to approx 7500 sf) LAR3-1 Tier 3 TOC Lot. The property is currently in REAP. ALL OFFERS ARE DUE BY 8/27/2020 by 5:00 PM. PLEASE DO NOT DISTURB OCCUPANTS

  • January, 2017

  • Jan 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

  • November, 2016

  • Nov 4, 2016

    Date

    Sold (Public Records)

    Public Records

    $673,000

    Price

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Tax History for 5633 La Mirada Ave

Assessed Value (2020): $1,024,065
Year Land Value Improved Value Assessed Value
2020 $859,578 $164,487 $1,024,065

Home Value Compared to the Market

This property vs the competition

5633 La Mirada Ave is listed 37.65% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $437.69 per/sqft which puts the price per square foot 43.45% lower than the median price per square foot for the city of Los Angeles.

About 5633 La Mirada Ave

Detailed summary of property

5633 La Mirada Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 3,884 living square feet, and sits on an approximately 6,275 square foot lot. 5633 La Mirada Ave was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $1,700,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 37.65% higher than the median priced home. Local competing homes currently for sale include 812 N Van Ness Ave, 1537 N Kingsley Dr and 716 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 94 days, 5633 La Mirada Ave has a days on market of 35 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 5633 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 5633 La Mirada Ave

Public county record property details
Beds
5
Baths
2
Year built
1915
Sq. Ft.
3,180
Lot Size
6,339
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5536-002-010

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.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Recently Sold Homes Near 5633 La Mirada Ave

5603 La Mirada Ave, Los Angeles, CA 90038
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-- Sq.Ft.
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5646 Fountain Ave, Los Angeles, CA 90028
$2,480,000 Last Sold Price
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5632 Lexington Ave, Los Angeles, CA 90038
$2,000,000 Last Sold Price
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7368 Sq.Ft.
5632 Lexington Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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