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5633 La Mirada AvenueLos Angeles, CA 90038

For Sale

$1,499,000

Smart Buyer Rebate $14,990

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."

Listed by Max Lee

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License #01905008

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Real Broker

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213-434-2433

Last updated June 15, 2026

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Source: CRMLS #26835889

Listing Facts

  • TypeMulti-family
  • NeighborhoodHollywood Studio District
  • Bedrooms9
  • Days on Prevu29
  • Size3,884 sqft
  • Price per sqft$386

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

06/15/2026
Price Decreased
$1,499,000
06/11/2026
Price Increased
$1,599,000
05/18/2026
Listed by Real Broker
$1,491,000

Property Details for 5633 La Mirada Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Year Built: 1915

Measurements

  • Building Area Total: 3,884
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,284
  • Lot Size Square Feet: 6,284
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $118,080.00

Taxes

  • Parcel Number: 5536002010

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 3,884
  • Living Area Source: Measured

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9

Parking

Parking

  • Parking Features: Assigned, Driveway, Electric Gate

Utilities

Equipment

  • Heating: Combination
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 9 bedrooms in this multi-family home at 5633 La Mirada Avenue.

How does 5633 La Mirada Avenue compare to other multi-family homes in Hollywood Studio District?

This multi-family home is listed 17% below the average price for multi-family homes in Hollywood Studio District and has been on the market for 70 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,884 sqft.

5633 La Mirada Avenue is a 9-bedroom multi-family home for sale in Los Angeles CA 90038. Listed on Prevu for 29 days at $1,499,000. This includes a recent price decrease of $100,000. This property features 3,884 square feet of living space, located in Hollywood Studio District. The median listing price for multi-family homes in this area is $1,395,000. Property amenities include dishwasher, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.