Miracle Mile, CA Real Estate

View current listings for real estate in Miracle Mile, or read more about the city.


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Miracle Mile Homes for Sale

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5601 W Olympic Boulevard W # 303, Los Angeles

$899,999

5601 W Olympic Boulevard W # 303, Los Angeles

2 Beds 2 Baths 1,140 SqFt Residential MLS® # DW22192532

John Heinz Century 21 Cornerstone

5601 W Olympic Boulevard # 301, Los Angeles

$1,050,000

5601 W Olympic Boulevard # 301, Los Angeles

3 Beds 2 Baths 1,470 SqFt Residential MLS® # 22202379

Rachel Hsieh Keller Williams Realty Los Feliz

854 S Cochran Avenue, Los Angeles

$1,575,000

↓ $74,000

854 S Cochran Avenue, Los Angeles

3 Beds 2 Baths 1,753 SqFt Residential MLS® # 22201277

Charles W Clark Compass

1089 S Mansfield Avenue, Los Angeles

$1,589,000

↓ $110,000

1089 S Mansfield Avenue, Los Angeles

0 Beds 0 Baths 2,768 SqFt Residential Income MLS® # 22189771

Laura Anderson Keller Williams Larchmont

1201 S Cloverdale Avenue, Los Angeles

$3,000,000

1201 S Cloverdale Avenue, Los Angeles

0 Beds 0 Baths 6,102 SqFt Residential Income MLS® # 22195061

Tim Steuernol NAI Capital Commercial Inc.

600 S Ridgeley Drive # 204, Los Angeles

$899,000

600 S Ridgeley Drive # 204, Los Angeles

2 Beds 2 Baths 1,190 SqFt Residential MLS® # 22192561

Olivia Jane Noh Compass

856 -858 S Stanley Avenue, Los Angeles

$2,358,000

856 -858 S Stanley Avenue, Los Angeles

0 Beds 0 Baths 3,433 SqFt Residential Income MLS® # 22193893

Lauren Swartzberg Beverly and Company, Inc.

5508 W Olympic Boulevard, Los Angeles

$1,273,000

5508 W Olympic Boulevard, Los Angeles

2 Beds 3 Baths 1,885 SqFt Residential MLS® # AR22176367

David Stewart EverElite Realty Inc.

5506 W Olympic Boulevard, Los Angeles

$1,118,000

5506 W Olympic Boulevard, Los Angeles

2 Beds 3 Baths 1,474 SqFt Residential MLS® # AR22176343

David Stewart EverElite Realty Inc.

5504 W Olympic Boulevard, Los Angeles

$1,258,000

5504 W Olympic Boulevard, Los Angeles

3 Beds 3 Baths 1,755 SqFt Residential MLS® # AR22176303

David Stewart EverElite Realty Inc.

5502 W Olympic Boulevard, Los Angeles

$1,522,000

5502 W Olympic Boulevard, Los Angeles

3 Beds 3 Baths 2,135 SqFt Residential MLS® # AR22174693

David Stewart EverElite Realty Inc.

5500 W Olympic Boulevard, Los Angeles

$1,138,000

5500 W Olympic Boulevard, Los Angeles

2 Beds 3 Baths 1,446 SqFt Residential MLS® # AR22174292

David Stewart EverElite Realty Inc.

5314 W 8th Street, Los Angeles

$2,029,000

↓ $270,000

5314 W 8th Street, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # SB22130216

Eena Douglass eXp Realty of California Inc

1119 S Orange Drive, Los Angeles

$1,575,000

1119 S Orange Drive, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # 22173521

Roderick 'rick' Raymundo Marcus & Millichap

1061 S Sycamore Avenue, Los Angeles

$1,990,000

1061 S Sycamore Avenue, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # 22170563

Roderick 'rick' Raymundo Marcus & Millichap

1118 S Sycamore Avenue, Los Angeles

$1,999,990

1118 S Sycamore Avenue, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # 22157223

Roderick 'rick' Raymundo Marcus & Millichap

844 S Curson Avenue, Los Angeles

$2,230,000

844 S Curson Avenue, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # 22151085

Yvonne Kim WIN Realty & Properties

1079 Meadowbrook Avenue, Los Angeles

$2,500,000

↓ $200,000

1079 Meadowbrook Avenue, Los Angeles

0 Beds 0 Baths 0 SqFt Residential Income MLS® # 22149553

Fereshteh Behinkish Beverly and Company, Inc.

Real Estate Statistics

Average Price $1.7M
Lowest Price $899K
Highest Price $3M
Total Listings 18
Avg. Days On Market 64
Avg. Price/SQFT $713

Property Types (active listings)

The Miracle Mile, part of Mid-Wilshire in central Los Angeles, was one of the first purpose-built automobile-centered shopping districts in the United States. Developed in the 1920s, when cars were just beginning to become popular and widespread, developer A.W. Ross envisioned a linear shopping district that revolved around ample parking, large thoroughfares, and shops that had wide storefronts and large signs that could easily be seen by drivers traveling at 30 mph or slower. Emphasizing the new architectural trends of Art Deco and Streamline Moderne in the construction of the many shops and businesses, the Miracle Mile proved to be an overwhelming success, as indicated by its name. It continues to be an almost exclusively commercial neighborhood with an emphasis on large shops with enormous storefront display windows. There are also a number of commercial high rises in the area, which are home to a large number of local offices for local and international corporations.

The central location and massive shops have contributed to the area becoming one of the most in-demand places to live in the United States. As such, it has become the most congested affluent district in Los Angeles, with large storefronts serving as the ground floor to large condominium developments. Most residential structures are multi-family dwellings and all are upscale, serving as home to much of Los Angeles's working elite. There are a few single-family homes in the area, and while luxurious, they are notably smaller than those located further out of central Los Angeles. Their location, excellent construction, and upscale amenities make them exceedingly in demand, and Miracle Mile real estate agents have no trouble selling them.

Transportation is almost exclusively by car. Though the parking and thoroughfares were more than ample when initially constructed, the region has since become highly congested, with parking becoming difficult and traffic becoming slow. As such, there are plans to extend the subway into the area, although this is expected to take many years and has been hampered by subterranean methane deposits. There are currently no plans to expand sidewalks or bus services in the area, as this would hinder the already cramped traffic situation.

The Miracle Mile is served by the Los Angeles unified school district. The affluence of the neighborhood has led to an emphasis on education and the arts, and most notably museums. The neighborhood's "Museum Row" is home to the L.A. County Museum of Art, the Petersen Automotive Museum, the A+D Museum: Los Angeles, and the museum for the nearby La Brea Tar Pits, among others. The region is also home to the city's largest collection of art deco buildings, produced early in the neighborhood's history, and the city register of historical places has worked to preserve such buildings.

For more information about Miracle Mile Real Estate, please contact our office at 323 412-9060.

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