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Two-Unit Multifamily Property
For Sale
$1,189,000

5427 La Mirada Ave, Los Angeles, CA 90029

Two separate residences include an owner-occupied house and a detached tenant-occupied studio.

Property Size2,132 SF
Price / SF$557.69
Days on Market42

Property Features for 5427 La Mirada Ave

General Information

Standard status Active
Size 2,132 SF
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Building Size 2,132 SF
Year Built 1915
Listing Agency: Armen Realty
Listed By: Armen Makasjian · License #00861276
Source: Benbelack
Added: Jun 26 Changed: Aug 5 Last Checked: Aug 6 at 3:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Armen Realty

Investment Insights

Based on property information with market context.

This multifamily property contains 2,132 square feet across two residences on one lot. The front house is owner-occupied, while the detached rear studio is currently occupied by a tenant. Built in 1915, the property is identified as a cosmetic fixer and presents a restoration-oriented configuration for an owner or investor seeking separate living spaces.

The property is located at 5427 La Mirada Ave in Los Angeles, less than one mile south of the Hollywood/Western Metro Station and near the Hollywood (101) freeway. Existing occupancy includes the front residence and the rear studio, with annual income tied to the studio unit only.

Key Highlights

  • 2,132‑square‑foot multifamily property on one lot
  • Front house is owner‑occupied
  • Detached rear studio is currently tenant‑occupied

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Veterinary Clinic Accounting Firm Clothing & Fashion Store (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,448
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residences include an owner-occupied house and a detached tenant-occupied studio.
Where is this multifamily property located?
The property is located at 5427 La Mirada Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: 2,132‑square‑foot multifamily property on one lot; Front house is owner‑occupied; Detached rear studio is currently tenant‑occupied
More about this property
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