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$1,491,000
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Property Description
"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."
Full Property Details
Full Property Details for 5633 La Mirada Ave
General
- Price: $1,491,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26762243
- Updated: 5/12/2026
- Added to Site: 22 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: None
Parking
- Garage Description: Assigned, Auto Driveway Gate, Driveway
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: North of Santa Monica, South of Fountain, Between Wilton, and St Andrews pl.
Heating & Cooling
- Cooling Type: Ceiling Fan, Air Conditioning
- Heating Type: Wall Electric, Combination
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 3,884
- Sq. Ft. Source: Taped
- Year Built: 1915
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1443
- Lot Size: 6284
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $383.88
- Assessment Year: 1915
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5536-002-010
Listed by Real Broker, Max Lee
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Schools
Schools serving 5633 La Mirada Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Joseph Le Conte Middle School 1316 N. Bronson Ave., Los Angeles, CA 90028 | 6-8 | 0.3 mi |
STEM Academy at Bernstein High 1309 N. Wilton Pl., Los Angeles, CA 90028 | 9-12 | 0.2 mi |
Helen Bernstein High School 1309 N. Wilton Pl., Los Angeles, CA 90028 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5633 La Mirada Ave
Date
Details
Price
Change
Source
4/20/2026
Listed
$1,491,000
49.1%
MLS
1/25/2023
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5633 La Mirada Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,354
—
$1,040,400
-3%
2023
$13,402
5%
$1,076,473
2%
2022
$12,789
1%
$1,055,366
2%
2021
$12,621
-1%
$1,034,674
1%
2020
$12,748
4%
$1,024,065
2%
2019
$12,247
1%
$1,003,986
2%
2018
$12,137
45%
$984,300
46%
2017
$8,394
76%
$673,000
147%
2016
$4,763
39%
$271,962
2%
2015
$3,427
-1%
$267,878
2%
2014
$3,458
—
$262,632
—
2013
$3,451
—
$261,446
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5633 La Mirada Ave
5633 La Mirada Ave, Los Angeles, CA 90038 (MLS# 26762243) is a Multi-Family property with units containing 9 bedrooms and 0 full bathrooms. 5633 La Mirada Ave is currently listed for $1,491,000 and was received on April 20, 2026. Want to learn more about 5633 La Mirada Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

