5633 La Mirada Ave, Los Angeles, CA 90038

LATEST
bedrooms 9
bathrooms 6
|Other
NZD $2,668,851
USD $1,499,000
Published on: 14 Oct 2026
Last updated on: 14 Oct 2026
5633 La Mirada Ave, Los Angeles, CA 90038
5633 La Mirada Ave, Los Angeles, CA 90038
5633 La Mirada Ave, Los Angeles, CA 90038
+47
5633 La Mirada Ave, Los Angeles, CA 90038
  • 47
Property ID: 110120537911
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Residential Income, Los Angeles, CA

5633 La Mirada Ave, Los Angeles, CA 90038
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
583.96 m2
Building Size
360.84 m2
Year Built
1915
Rooms
9 bedroom(s), 6 bathroom(s)
Num Floors
2
County
Los Angeles
Parcel ID
5536-002-010
Provider
The MLS/CLAW
Brokerage Office Name
Real Brokerage Technologies, Inc.
Brokerage Office Phone
(855) 450-0442
Neighbourhoods
Hollywood
Address
5633 La Mirada Ave, Los Angeles, CA 90038
Contact Agent
Max Lee
Real Broker
1420 Kettner Blvd. #100, San Diego, CA 92101
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1420 Kettner Blvd. #100, San Diego, CA 92101
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      Property ID: 110120537911

      Original Property ID: 3yd-CLAWCA-26101715
      Data provided by The MLS/CLAW, MLS #: 26101715
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