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$1,499,000
Listing Price9beds
6baths
3,884sqft
6,339sqft lot
5633 LA Mirada Ave, Los Angeles, CA 90038
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 M
Interior Details
3884
9
6
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6339
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$12,247
$859,578
$164,487
--%
$1,024,065
2019
$12,247
$842,724
$161,262
--%
$1,003,986
2018
$12,137
$826,200
$158,100
--%
$984,300
2017
$8,393
$550,000
$123,000
--%
$673,000
2016
$4,763
$113,391
$158,571
--%
$271,962
2014
$3,457
$109,501
$153,131
--%
$262,632
2013
$3,451
$109,007
$152,439
--%
$261,446
2012
$3,401
$106,870
$149,450
--%
$256,320
Average Home Price in 90038
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$1,499,000
$1,499,000
9 Beds
6 Baths
3,884 Sqft
6,339 Lot (sqft)
Sold 09/29/2026
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Details for 5633 LA MIRADA AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



