6 months on rocket

5806 La Mirada Ave, Los Angeles, CA, 90038

$1,650,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
5,481 SqFt
$301/SqFt
House

Location

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5806 La Mirada Ave, Los Angeles$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1954
HeatingNone
CoolingNone
MLS #24397255
Lot Size0.17 Acres
StatusActive

About 5806 La Mirada Ave

5806La Mirada Ave, a value add multifamily investment opportunity inHollywood located between N Van Ness Ave & N Bronson Ave. The subject property is 100% occupied and totals eight units, allone-bedrooms; rents are below market with over 39% upside asunits turn. There are four carports at the rear of the property along withthree additional parking spaces; an on-site community laundryroom with one washer and one dryer allows ownership to collectadditional income; gas and electricity are also separately meteredand tenants pay for trash removal. 5806 La Mirada Ave boasts a high walk score of 87 and is three blockseast of Sunset Gower Studios and just south of Netflix o n S unsetBlvd; there are plentiful retail amenities close to Santa Monica Blvd and Sunset Blvd. Hollywood remains one of the strongest rental submarkets in the cityand an attractive area to acquire property due to its close proximityto nearby neighborhoods such as Larchmont Village, Hancock Park,Los Feliz, West Hollywood, La Brea, and Koreatown

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 0
  • Living Area: 5,481 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Located Hollywood between N Van Ness Ave & N Bronson Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $301/SqFt

Tax Information:

  • Annual Amount: $11,521
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5806 La Mirada Ave vs Los Angeles

187 DAYS ON ROCKET

+149 Days

$1,650,000

+$628.4K More

$301/SqFt

-$339 Less

KEY TAKEAWAY

This property is $628.4K more than the Median Sold Price and $339/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24397255

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

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: 12/4/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,521$880,045
2020$11,200$871,022
2019$11,053$853,944
2018$10,787$837,201
2017$10,787$820,786

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-96409
6
/10

  • Citizens of the World Charter School Hollywood

  • 1316 N Bronson Ave

  • 0.13 miles

  • Public Charter Grades KG-5

school-card-donut-96410
3
/10

  • Hollywood Primary Center

  • 1115 Tamarind Ave

  • 0.24 miles

  • Public District Grades KG-3

school-card-donut-96411
7
/10

  • Santa Monica Boulevard Community Charter

  • 1022 N Van Ness Ave

  • 0.27 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,346. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5806 La Mirada Ave

What is the listing price of this property?

The listing price of 5806 La Mirada Ave property is $1,650,000.

What type of property is this?

The property 5806 La Mirada Ave is a house located in Los Angeles, California, 90038.

Is this property for sale now?

Active Listing: 5806 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 $11,521 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5806 La Mirada Ave has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 5806 La Mirada Ave is 5,481 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5806 La Mirada Ave is 1954.

Rocket Homes›California›Los Angeles County›Los Angeles›90038›5806 La Mirada Ave

This home is located at 5806 La Mirada Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This 5,481 square foot home, which was built in 1954, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $1,650,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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