2021 Miramar Street, Los Angeles, California 90057, Los Angeles, 90057 - 5 bed, 3 bath
2021 Miramar Street
Los Angeles, California 90057
Property Price
SUMMARY
Analysis of 2021 Miramar Street, Los Angeles, California 90057 is currently available with a list price of $1,499,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this contemporary triplex is less than 10 years old and meets the highest quality standards. The property features modern finishes including granite countertops, marble-like and wood-like ceramic tile flooring, and individual split air conditioning systems in all units. The kitchens and bathrooms reflect current styles with no visible deferred maintenance, and the overall structure and systems are virtually new.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Amenities
Built in 2017, this triplex features contemporary finishes such as granite countertops and marble-like ceramic tiles, along with modern split AC systems in every unit, minimizing immediate capital expenditure for a buyer.
- Exceptional Parking & Security
The property offers a rare eight parking spaces and a security gate, providing a significant competitive advantage and high tenant appeal in a densely populated area where parking is at a premium.
- Prime Rental Location
Situated in the high-demand Silver Lake/Echo Park area just 10 minutes from DTLA, the property is positioned to command high rental income and maintain low vacancy rates due to its proximity to major employment hubs.
CONSRISKS & DEFICIENCIES
- Pricing History & Market Resistance
The significant price reduction from $1.9M to $1.499M, coupled with a 2021 sale price of $1.4M, suggests the property may have faced appraisal challenges or market resistance at higher valuations.
- Low Local School Ratings
The majority of assigned public schools in the immediate vicinity carry low ratings (2/10 to 3/10), which could limit the property's appeal to long-term family tenants and impact future resale value.
About 2021 Miramar Street
Contemporary triplex located in the Silverlake/Echo Park area. 10 minutes away from DTLA and near historic Filipino town. Property was built in 2017 and features newer amenities. All units have split air conditioning. Two units are 2 bedrooms and 1 bath, one unit is 1 bedroom with a loft and 1 bath. Kitchens have granite counters. Floors are wood-like ceramic tiles or marble-like ceramic tiles. Two units include a balcony. 8 parking spaces and a security gate. High income, year-to-year lease contract. Please call for more details.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2017
- Lot Size
- 4,942 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Union Avenue Elementary School
Grades K-5 • 0.2 mi
Lake Street Primary School
Grades K-1 • 0.3 mi
Charles White Elementary School
Grades 1-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2017 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Sep 30, 2025
$1,499,999
Initial Listing
Price Change
Jul 20, 2024
$1,900,000
Initial Listing
Sold
Jul 23, 2021
$1,400,000
Public Record
Sold
Jan 25, 2016
$300,000
Public Record
Sold
Nov 29, 2006
$280,000
Public Record