9 months on rocket

5345 La Mirada Ave, Los Angeles, CA, 90029

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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5345 La Mirada Ave, Los Angeles$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Paved
Garage16 spaces
Year Built1965
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #SR24057433
Lot Size0.17 Acres
StatusActive

About 5345 La Mirada Ave

The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. The building is separately metered for both gas and electricity. There are remote security cameras throughout the property that allow ownership 24-hour viewing access. There is an excellent ADU opportunity for this deal with the (8) large tandem parking spaces in the ground-level parking area. In addition, there is a large owner unit-type space that could easily be converted into an ADU space. This is an incredible opportunity to take advantage of LA's need to add more housing and increase capital through building ADUs on land you already own. The property is located in a quiet Hollywood neighborhood that features easy access to transportation, shopping, schools, and major Hollywood attractions. Just down the block is the La Mirada city park which is ideal for kids and a quiet break from city life. There is also ample street parking for visitors or guests. Enjoy the fun and excitement of Hollywood while owning in a quiet Hollywood neighborhood area. There is easy access to the Santa Monica and Hollywood Blvd 101 Freeway off-ramps and exits.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 3

Listing Office:

  • Office Name: Burts & Associates
  • Office Phone: (310) 308-8003
  • Listing Agent: Cynthia Burts

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 16 spaces
  • Parking: Assigned, Controlled Entrance, Paved

Lot Features

Lot Information:

  • Lot: Garden, Level, Rectangular Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 101 Freeway, Exit Santa Monica Blvd and Go East, Go Left-North on Hobart Blvd to La Mirada Ave, Go Left-West to 5345 La Mirada on the North Side of the Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $8,445
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5345 La Mirada Ave vs Los Angeles

276 DAYS ON ROCKET

+238 Days

$2,500,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24057433

Listing Office:

  • Office Name: Burts & Associates
  • Office Phone: (310) 308-8003
  • Listing Agent: Cynthia Burts

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 8:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2000Home Sold
$440,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,445$613,307
2020$8,216$606,227
2019$8,097$3,264,000
2018$7,895$582,689
2017$7,895$571,264

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1162327
5
/10
  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-1162328
3
/10
  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.40 miles

  • Public District Grades KG-6

school-card-donut-1162329
5
/10
  • Grant Elementary School

  • 1530 N Wilton Pl

  • 0.58 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,558. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5345 La Mirada Ave

What is the listing price of this property?

The listing price of 5345 La Mirada Ave property is $2,500,000.

What type of property is this?

The property 5345 La Mirada Ave is a condo located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 5345 La Mirada Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,445 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 9, 2000 for $440,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5345 La Mirada Ave is 1965.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900295345 La Mirada Ave

This home is located at 5345 La Mirada Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This home, which was built in 1965, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $2,500,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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