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For sale
  • Price cut: $201K (7/6)
    $1,499,000

    5633 La Mirada Ave, Los Angeles, CA 90038

    9beds
    6baths
    3,884sqft
    : 
    $9,963/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $386/sqft
    $-- HOA

    What's special

    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 flowNewly remodeled rear structure Potential future unit splitTier 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."
    40 days
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    79
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Max Lee DRE # 01905008 213-434-2433,

    Real Broker 619-663-8680

    Source: CLAW,MLS#: 26849377MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      Heating
      • Wall Electric, Combination
      Cooling
      • Ceiling Fan(s), Air Conditioning
      Appliances
      • Included: Dishwasher, Dryer, Washer, Microwave, Range/Oven, Refrigerator, Disposal
      Features
      • Ceiling Fan(s)
      Interior area
      • Total structure area: 3,884
      • Total interior livable area: 3,884 sqft

      Property

      Parking
      • Parking features: Assigned, Auto Driveway Gate, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      Lot
      • Size: 6,285 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 5536002010
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1915

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $386/sqft
      • Tax assessed value: $1,040,400
      • Annual tax amount: $12,915
      • Date on market: 6/18/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/6/2026Price change$1,499,000-11.8%$386/sqft
        Source: CLAW #26849377 Report a problem
        7/3/2026Price change$1,700,000+13.4%$438/sqft
        Source: CLAW #26849377 Report a problem
        6/15/2026Price change$1,499,000-6.3%$386/sqft
        Source: CLAW #26835889 Report a problem
        6/11/2026Price change$1,599,000+7.2%$412/sqft
        Source: CLAW #26835889 Report a problem
        4/21/2026Listed for sale$1,491,000-3.8%$384/sqft
        Source: CLAW #26762243 Report a problem
        4/20/2026Listing removed$1,550,000$399/sqft
        Source: CLAW #26668841 Report a problem
        3/28/2026Price change$1,550,000+3.3%$399/sqft
        Source: CLAW #26668841 Report a problem
        3/23/2026Price change$1,499,900-3.2%$386/sqft
        Source: CLAW #26653301 Report a problem
        3/18/2026Price change$1,549,900-3.1%$399/sqft
        Source: CLAW #26653301 Report a problem
        3/13/2026Price change$1,599,000+3.2%$412/sqft
        Source: CLAW #26653301 Report a problem
        2/24/2026Price change$1,549,000-3.1%$399/sqft
        Source: CLAW #26653301 Report a problem
        1/13/2026Listed for sale$1,599,000$412/sqft
        Source: CLAW #26637165 Report a problem
        1/13/2026Listing removed$1,599,000$412/sqft
        Source: CLAW #26635189 Report a problem
        1/8/2026Listed for sale$1,599,000$412/sqft
        Source: CLAW #26635189 Report a problem
        1/8/2026Listing removed$1,599,000$412/sqft
        Source: CLAW #25619829 Report a problem
        11/18/2025Listed for sale$1,599,000$412/sqft
        Source: CLAW #25619829 Report a problem
        11/17/2025Listing removed$1,599,000$412/sqft
        Source: CLAW #25608473 Report a problem
        10/20/2025Listed for sale$1,599,000$412/sqft
        Source: CLAW #25608473 Report a problem
        10/20/2025Listing removed$1,599,000$412/sqft
        Source: CLAW #25597737 Report a problem
        4/30/2025Listed for sale$1,599,000$412/sqft
        Source: CLAW #25532239 Report a problem
        4/30/2025Listing removed$1,599,000$412/sqft
        Source: CLAW #24-465121 Report a problem
        2/17/2025Price change$1,599,000-5.9%$412/sqft
        Source: CLAW #24-465121 Report a problem
        2/12/2025Price change$1,699,000-0.1%$437/sqft
        Source: CLAW #24-465121 Report a problem
        11/19/2024Listed for sale$1,700,000+70%$438/sqft
        Source: CLAW #24-465121 Report a problem
        7/30/2024Listing removed--
        Source: CLAW #24-375593 Report a problem
        4/28/2023Sold$1,000,000+3.6%$257/sqft
        Source: Public Record Report a problem
        1/26/2017Sold$965,000+43.4%$248/sqft
        Source: Public Record Report a problem
        11/4/2016Sold$673,000$173/sqft
        Source: CLAW #15951469 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,915 +1.5%$1,040,400 +2%
        2024$12,724 -5.1%$1,020,000 -5.2%
        2023$13,402 +4.8%$1,076,473 +2%
        2022$12,789 +1.3%$1,055,366 +2%
        2021$12,621 -1%$1,034,674 +1%
        2020$12,748 $1,024,065 +2%
        2019$12,748 +5%$1,003,986 +2%
        2018$12,137 $984,300 +46.3%
        2017$12,137 +44.6%$673,000 +147.5%
        2016$8,394 +76.2%$271,962 +1.5%
        2015$4,763 +37.8%$267,878 +2%
        2014$3,458 $262,632 +5.3%
        2010-- $249,417 -0.2%
        2009-- $250,011 +2%
        2008-- $245,110 +4%
        2005-- $235,594 +4%
        2004-- $226,447 +1.9%
        2003-- $222,298 +6.1%
        2000-- $209,480
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hollywood

        Getting around

        89 / 100
        Very Walkable
        63 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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