Hollywood Multifamily Cash Flow
5633 La Mirada Ave, Los Angeles, CA 90038
New
MULTI_FAMILY - Los Angeles, CA
Property size:
3,884 SFLot size:
0.14 AcresPrice / SF:
$383/SF- Added:
- May 18, 2026
- Days on Market:
- 1
- Last Refresh:
- May 18 at 9:06 pm
Property Features for 5633 La Mirada Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 9, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 4, Bathroom 6, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 1, Bathroom 2
- Parking features
- Driveway, Assigned
- Standard status
- Active
- APN
- 5536-002-010
- Size
- 3,884 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 3
Listing agent Max Lee License #01905008 (213) 434-2433
Listing office Real Broker 1420 Kettner Blvd. #100, Newark, CA (619) 663-8680
Listing date May 18, 2026
MLS# 26835889
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong cash flow due to tenants paying all utilities, resulting in extremely low landlord expenses.
- Ideal for 1031 exchange buyers, offering tax advantages.
- Remodeled and permitted rear 4BR/4BA unit, built in 1982, currently leased at $4,600/month.
- Potential for future unit split in the rear structure (buyer to verify).
- Strategic location minutes from Silver Lake, Paramount Studios, Hollywood, and Downtown LA.
- Tier 3 / R3 Hollywood zoning offering long‑term redevelopment potential.
Overview
This multifamily property in Los Angeles presents an opportunity to acquire a low-maintenance asset in a strong rental corridor. The property features a front duplex with a recently leased 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit currently rented for $2,250 per month. A detached rear structure, built in 1982, includes a fully remodeled and permitted 4-bedroom, 4-bathroom unit, currently leased at $4,600 per month. The rear building offers potential flexibility for future reconfiguration into two separate 2-bedroom, 2-bathroom units, subject to buyer verification with the city. The property's location provides convenient access to Silver Lake, Paramount Studios, Hollywood, and Downtown LA. The property is zoned Tier 3 / R3, offering long-term redevelopment potential in a high-demand rental corridor. Tenants cover all utility expenses, including water and sewer, resulting in minimal landlord expense exposure and strong operational efficiency. The property is positioned for a quick sale and is suitable for 1031 exchange buyers, passive-income investors, small apartment syndicators, Airbnb/furnished rental operators, and tax-focused buyers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.312095
- Latitude
- 34.093992
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Low-expense Hollywood income property with upside potential.
Where is this multifamily property located?
The property is located at 5633 La Mirada Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,491,000.
What are key features of this property?
This property features: Strong cash flow due to tenants paying all utilities, resulting in extremely low landlord expenses.; Ideal for 1031 exchange buyers, offering tax advantages.; Remodeled and permitted rear 4BR/4BA unit, built in 1982, currently leased at $4,600/month.
