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5851 La Mirada Ave, Los Angeles, CA 90038
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5851 La Mirada Ave Los Angeles, CA 90038

$1,350,000
  • 6 Beds
  • 2 Baths
  • 2,118 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 5851 La Mirada Ave, Los Angeles, CA 90038

Property Overview: 5851 La Mirada Ave Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,118 living square feet and 7,200 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: We are pleased to present 5851 La Mirada Ave, a duplex property located in the highly sought-after Hollywood neighborhood. This property is ideally located in an opportunity zone just minutes from Santa Monica Blvd and Hwy 101, and less than 15 minutes from downtown Los Angeles. The 2118 SF duplex boasts two separate homes with no common walls and a detached two-car garage. The lot is 7200 square feet, LAR3 Zoned, and has dimensions of 48 x 150. It is currently 100% occupied and offers a great investment opportunity with $4,000 in rental income a month. For the investor who is thinking into the future, this would be the perfect buildable investment opportunity with room to build up to 12 units. With so many development and investment possibilities in such a desirable location, this property will not last long!

Listed by Nikolay Samokhvalov | BRE #01995986 | ST Realty, Inc
Last checked: 8 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 519
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Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
22220103
City
Los Angeles
County
Los Angeles
Time on Site
522 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $48,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5851 La Mirada Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Fireplace(s)
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door, Concrete, Private
Lot Information
  • Lot Features: Front Yard, Lawn, Yard
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5545017003
  • Architectural Style: Bungalow
  • Accessibility Features: None
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block south of Sunset Blvd, three blocks North of Santa Monica Blvd, one block West of N Van Ness Ave, and three blocks east of N Beachwood Dr.
View more facts & features

Local Los Angeles Agent

Sale History for 5851 La Mirada Ave

Last sold on August 9th, 2013

  • November, 2022

  • Nov 21, 2022

    Date

    Expired

    CRMLS: 22181337

    $1,525,000

    Price

  • Jul 20, 2022

    Date

    Active

    CRMLS: 22181337

    $1,525,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2022

  • Nov 21, 2022

    Date

    Active

    CRMLS: 22220103

    $1,350,000

    Price

  • August, 2013

  • Aug 9, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5851 La Mirada Ave

Assessed Value (2020): $79,072
Year Land Value Improved Value Assessed Value
2020 $49,512 $29,560 $79,072

Home Value Compared to the Market

This property vs the competition

5851 La Mirada Ave is listed 8.09% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $637.39 per/sqft which puts the price per square foot 17.44% lower than the median price per square foot for the city of Los Angeles.

About 5851 La Mirada Ave

Detailed summary of property

5851 La Mirada Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 6 bedrooms, 2 bathrooms, roughly 2,118 living square feet, and sits on an approximately 7,200 square foot lot. 5851 La Mirada Ave was first listed on ArdentRealEstateGroup.com on November 22, 2022. The homeowner is currently asking $1,350,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.09% higher than the median priced home. Local competing homes currently for sale include 1537 N Kingsley Dr, 1150 N Kingsley Dr and 810 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 97 days, 5851 La Mirada Ave has a days on market of 519 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5851 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 5851 La Mirada Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
2,118
Lot Size
7,199
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
146
APN
5545-017-003

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
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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