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About This Home
This 9-bedroom, 6-bathroom residential multi family at 5633 La Mirada Ave in Los Angeles, CA is listed for $1,491,000 ($384 per sqft). Built in 1915, the home offers 3,884 sqft of living space on a 0.14 acres lot.
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 o
perators 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 L
A 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 ASS
ET 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."
Key Features
- Built in 1915
- 0.14 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$7,974/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5633 La Mirada Ave
Los Angeles, CA 90038
Property Details
Parking
Heating
Cooling
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 5633 La Mirada Ave is listed at $1,491,000 ($384/sqft). The estimated monthly payment is $6,461 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.14 acre lot, 2 stories.
This property is listed by Max Lee and can be reached at 2134342433 or Hellomaxlee@gmail.com.








