About This Home

This 9-bedroom, 6-bathroom residential multi family at 5633 La Mirada Ave in Los Angeles, CA is listed for $1,499,000 ($386 per sqft). Built in 1915, the home offers 3,884 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1915
  • 0.14 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
6 full
4 spaces
1915

Amenities

A/C
Listing Description

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 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 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."

Monthly Cost Estimate

$8,017/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,496
Insurance$437

Estimates only. Actual payments may vary.

Location

5633 La Mirada Ave

Los Angeles, CA 90038

Property Details

Parking

AssignedGated

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)

Questions & Answers

This 9-bedroom, 6-bathroom residential multi family at 5633 La Mirada Ave is listed at $1,499,000 ($386/sqft). The estimated monthly payment is $8,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.14 acre lot, 2 stories, 4 parking spaces.

This property is listed by Max Lee.

ML

Max Lee

License 01905008

Agent at Real Brokerage Technologies, Inc.

Listed by Real Brokerage Technologies, Inc. · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 26101715· Source: The MLS/CLAW· 17 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5633 La Mirada Ave, Los Angeles, CA 90038

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