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5633 La Mirada Ave

Los Angeles, CA 90038
  • $1,599,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 25532239
UPDATED: 60 min ago
$1,599,000
  • 9
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,884
    SQFT
  • $412
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 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)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,540 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)

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T15:42:50.35. 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.
www.searchdesertrealestate.com/homes/163154580
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5633 La Mirada Ave Los Angeles, CA 90038

  • Price: $1,599,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 60 min ago
  • MLS #: 25532239
9
Beds
6
Baths
0
½ Baths
0.14
Acres
3,884
SQFT
$412
$/SQFT
1915
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 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)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,540 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)
Exterior Features

Levels TwoOne Lot Size Area 6284 Other Structures None Parking Garage Assigned Total Parking 0

Interior Features

Cooling Ceiling FanAir ConditioningWall Unit(s) Equipment DishwasherDryerMicrowaveRange/OvenRefrigeratorWasherGarbage DisposalCeiling Fan Heating Wall ElectricCombination

Property Features

Assessed Total Value 1020000 Disclosures As Is Gross Income 116880 Gross Operating Income 116880 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 95880.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Taped Source Lot Size Area Vendor Enhanced Total Annual Expense 21000 Type Of Units 2+13+14+4 Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Max Lee DRE#01905008 of Real Broker: 619-663-8680.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T15:42:50.35. 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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