5633 La Mirada Avenue

Los Angeles, CA 90038

$1,700,000
Price
9
Beds
6
Baths
3,884 Sq. Ft.
$438 / Sq. Ft.
3,884
Sq. Ft.
$438
per Sq. Ft.

Description

1031 exchange buyers, look no further. 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. Currently paying $4,500.00. Brand new stove/oven, refrigerator, washer/dryer, diswasher, split unit air conditioners, large backyard with sail canopy for privacy. Over...1031 exchange buyers, look no further. 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. Currently paying $4,500.00. 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)(CURRENTLY VACANT) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,150 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)
  1. Listed by Max Lee • DRE #01905008 • Brokerage DRE #01180851 • Real Broker

Property Details for 5633 La Mirada Avenue

Zoning
LAR3
Parcel Number
5536002010
Total Units
3.0
Living Area
3884
Source Living Area
Taped
Area
Hollywood (C20)
Vacancy Rate
5%
Lot Size Area
6284
LISTING UPDATED: 12/23/2024 04:41 PM

Property Details for 5633 La Mirada Avenue

StatusActive
MLS #24-465121
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1915
Lot Size0.14 AC / 6,284 SF
CountyLos Angeles County

Building Information for 5633 La Mirada Avenue

Stories-Residences-Year Built1915Building Size-Lot Size0.14 AC / 6,284 SF

Property Information for 5633 La Mirada Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 2+1,3+1,4+4
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $115,800
  • Net Operating Income: $81,060.00
  • Gross Income: $115,800
  • Gross Rent Multiplier: $14.68
  • Total Annual Expense: 34740
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1443
  • Lot Size Square Feet: 6284
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two, One
  • Cooling Type: Ceiling Fan, Air Conditioning, Wall Unit(s)
  • Heating: Combination
  • Heating Type: Wall Electric, Combination
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Garbage Disposal, Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $172,904.00
  • Assessed Improvement Percent: 16.06
  • Assessed Land Value: $903,569.00
  • Assessed Land Percent: 83.94
  • Assessed Total Value: $1,076,473.00

Property History for 5633 La Mirada Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5633 La Mirada Avenue

Taxable ValueLand$612,000Additions$408,000Total$1,020,000
Tax Record2024$12,724 ($1,060 / month)
Home Facts
Total Finished SqFt3,180 SqFtAbove Grade Finished SqFt3,180 SqFtLot Size6,339 SqFtStyleTriplexYear Built1915ZoningLAR3CountyLOS ANGELESAPN5536-002-010

Schools near 5633 La Mirada Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5633 La Mirada Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on November 19, 2024 by Real Broker, it's currently listed at $1,700,000. It has been on the market for a total of 41 days and was last sold on April 28, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and Helen Bernstein High School. 5633 La Mirada Avenue is a 9-bed, 6-bath, 3,884 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Max Lee, DRE #01905008

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.