Listing provided courtesy of Real Broker - MLS# 24375593MLS Provider

5633 La Mirada AvenueLos Angeles, CA 90038

Multi-Family · 9 Beds · 3,884 Sq. ft. | 0.14 Acres

$1,700,000 Active

Overview

Time on Site:
11 days
Visits:
0

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.

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,884
  • Price/Sq.ft. $437
  • Lot 0.14 Acres

General

Association/HOA
  • Association: No
Income/Expenses
  • Gross Income: 114000.0
  • Net Operating Income: 88750.0
Building Information
  • New Construction: No
  • Year Built: 1915
Location/Region
  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
General Information
  • Parcel Number: 5536002010
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Beds/Baths
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 9
Building Interior
  • Building Area Total: 3884.0
General Information
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
  • Interior Features: Ceiling Fan(s)
  • Levels: Two
  • Living Area: 3884.0
  • Living Area Source: Measured
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information
  • Parking Features: Assigned
  • Parking Total: 4.0
Lot Information
  • Lot Size Acres: 0.1441
  • Lot Size Area: 6275.0
  • Lot Size Square Feet: 6275.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
General Information
  • Number Of Units Total: 3

Neighborhood

Community

90038 (Los Angeles) Demographics
34
Median Age
18,237
Population Density (per sq. mile)
40%
College Educated
$48,786
Estimated Median Income
1,034
Estimated Total Home Owners
11,614
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
2
Public
Santa Monica Boulevard Community Charter
  • Grades: KG - 6
  • Enrollment: 866
Middle Schools
1
Public
Hubert Howe Bancroft Middle
  • Grades: 6 - 8 /
  • Enrollment: 656
2
Public
Santa Monica Boulevard Community Charter
  • Grades: KG - 6 /
  • Enrollment: 866
High Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$1,486,851
Median Sales Price
$727
Median Price per Square Foot
10
Properties Sold
5
New on Market
104
Average Days on Market
27
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
4/3/2024Source: bridgeMLS Added to Database
April 03, 2024
4/3/2024Source: CRMLS Added to Database
April 03, 2024
4/3/2024Source: TheMLS (CLAW) Added to Database
April 03, 2024
8/4/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022