5633 La Mirada Avenue, Los Angeles 90038

$1,499,000

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9

Beds

6

Baths

3,884

Square feet

6,284

Lot Size

3

# Of Units

Listing Agent
Max Lee - Real Broker

About 5633 La Mirada Avenue

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."

Features of 5633 La Mirada Avenue

MLS® # 26970895
Price $1,499,000
Bedrooms 9
Bathrooms 6.00
Square Footage 3,884
Lot Size 6,284
Year Built 1915
Type Residential Income
Status Active
# Of Units 3

Community Information

Address 5633 La Mirada Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90038

Amenities

Parking Spaces 4
Parking Assigned, Gated
Garages Assigned, Gated
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heating Combination
Has Basement No
Fireplace No
# of Stories 2
Stories One, Two

Additional Information

Date Listed September 3rd, 2026
Days on Market 5
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMax Lee
OfficeReal Broker

Listing Map

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