5851 La Mirada Avenue

Los Angeles, CA 90038

$1,350,000
Price
6
Beds
2.5
Baths
2,118 Sq. Ft.
$637 / Sq. Ft.
2,118
Sq. Ft.
$637
per Sq. Ft.

Description

We are pleased to present 5851 La Mirada Ave, a duplex property located in the highly sought-after Hollywood neighborhood. This property is ideally located in an opportunity zone just minutes from Santa Monica Blvd and Hwy 101, and less than 15 minutes from downtown Los Angeles. The 2118 SF duplex boasts two separate homes with no common walls and a detached two-car garage. The lot is 7200 square feet, LAR3 Zoned, and has dimensions of 48 x 150. It is currently 100% occupied and offers a great investment...We are pleased to present 5851 La Mirada Ave, a duplex property located in the highly sought-after Hollywood neighborhood. This property is ideally located in an opportunity zone just minutes from Santa Monica Blvd and Hwy 101, and less than 15 minutes from downtown Los Angeles. The 2118 SF duplex boasts two separate homes with no common walls and a detached two-car garage. The lot is 7200 square feet, LAR3 Zoned, and has dimensions of 48 x 150. It is currently 100% occupied and offers a great investment opportunity with $4,000 in rental income a month. For the investor who is thinking into the future, this would be the perfect buildable investment opportunity with room to build up to 12 units. With so many development and investment possibilities in such a desirable location, this property will not last long!
  1. Listed by Nikolay Samokhvalov • DRE #01995986 • Brokerage DRE #01847860 • ST Realty, Inc

Property Details for 5851 La Mirada Avenue

Water Front
None
Zoning
LAR3
Style
Bungalow
Accessibility Features
None
Parcel Number
5545017003
Total Units
2.0
Living Area
2118
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of ST Realty, Inc, Nikolay Samokhvalov, DRE #01995986
Add your commute
LISTING UPDATED: 03/20/2024 03:11 PM

Property Details for 5851 La Mirada Avenue

StatusActive
MLS #22-220103
Days on Market491
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,200 SF
CountyLos Angeles County

Location

Listing Courtesy of ST Realty, Inc, Nikolay Samokhvalov, DRE #01995986
Add your commute

Building Information for 5851 La Mirada Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,200 SF

Payment Calculator

$7,474 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$106

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5851 La Mirada Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Residential
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: South
  • Property Condition: Fixer, Tear Down, Repair Cosmetic, Value Mainly In Land
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $48,000
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $48,000.00
  • Actual Gross Annual Income: $48,000
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.1653
  • Lot Size Square Feet: 7200
  • Lot Size Dimensions: 48 x 150
  • Source Lot Size Dimensions: Other
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Description: Fenced, Fenced Yard, Front Yard, Lawn, Street Lighting, Street Concrete, Single Lot, Walk Street, Yard
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car, Detached, Driveway - Concrete, Private Garage, Private
  • Total Parking: 8
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage - Two Door, Concrete, Private
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Ground Level
  • Cooling: None
  • Cooling Type: None
  • Heating: Fireplace(s)
  • Heating Type: Fireplace, Wall Gas
  • Flooring: Linoleum, Carpet, Stone Tile
  • Equipment: None
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Gas
  • Laundry: In Unit
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Asphalt
  • Patio Features: Covered Porch, Porch, Porch - Front
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: None
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-22-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $29,866.00
  • Assessed Improvement Percent: 37.38
  • Assessed Land Value: $50,024.00
  • Assessed Land Percent: 62.62
  • Assessed Total Value: $79,890.00

Property History for 5851 La Mirada Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5851 La Mirada Avenue

Taxable ValueLand$52,044Additions$31,072Total$83,116
Tax Record2023$1,276 ($106 / month)
Home Facts
Total Finished SqFt2,118 SqFtAbove Grade Finished SqFt2,118 SqFtLot Size7,200 SqFtStyleDuplexYear Built1923ZoningLAR3CountyLOS ANGELESAPN5545-017-003

Schools near 5851 La Mirada Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Helen Bernstein High School
Public9 to 12

Hollywood Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5851 La Mirada Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on November 21, 2022 by ST Realty, Inc, it's currently listed at $1,350,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Ivy Academia Entrepreneurial Charter School and Helen Bernstein High School. 5851 La Mirada Avenue is a 6-bed, 2.5-bath, 2,118 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ST Realty, Inc, Nikolay Samokhvalov, DRE #01995986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.