5422 La Mirada Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 1 bath
ACTIVE$949,900
5422 La Mirada Avenue, Los Angeles, California 90029
3Beds
1Bath
1,344Sqft
7,503Lot
Price Vs. Estimate
The estimated value ($949,900) is $0 (0%) lower than the list price ($949,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7503, living area = 1344.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be a significant functional limitation for families or multiple occupants and may impact its market appeal.
Compared to the nearby listings
Price:$949.9K vs avg $970.0K ($-20,100)48%
Size:1,344 sqft vs avg 1,582 sqft29%
Price/sqft:$707 vs avg $67067%
More Insights
Built in 1912 (113 years old).
Condition: Built in 1912, this property is over a century old with no indication of significant recent renovations. The exterior images show a neglected yard, an aged roof, and what appears to be peeling paint, suggesting a lack of maintenance. Crucially, the absence of any interior photos, especially of the kitchen and bathroom, strongly implies these areas are in very poor, outdated, or even unsafe condition, requiring substantial rehabilitation. The property analysis also highlights 'Age-Related Maintenance & Updates' and a 'Limited Bathroom Count' (1 bath for 3 beds) as weaknesses. The significant price reduction from its 2018 sale price further supports the likelihood of major underlying issues. This property requires substantial repairs and modernization of all major systems and interior finishes.
Year Built
1912
Close
-
List price
$950K
Original List price
$1.15M
Price/Sqft
$707
HOA
-
Days on market
-
Sold On
-
MLS number
MC24174254
Home ConditionPoor
Features
Good View: Neighborhood
ViewNeighborhood
About this home
Discover the perfect blend of charm and potential in this delightful 3-bedroom, 1-bath single-family home nestled in the heart of Hollywood. Enjoy the convenience of easy access to freeways, a plethora of restaurants, and vibrant entertainment options. Whether you’re looking to move in and make it your own or seeking a property with promising potential, this home is a rare find in a prime location. Embrace the Hollywood lifestyle and make this enchanting property yours!
Nearby schools
5/10
Kingsley Elementary School
Public,•K-5•0.3mi
3/10
Ramona Elementary School
Public,•K-6•0.5mi
4/10
Grant Elementary School
Public,•K-6•0.5mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.0mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.0mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.1mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.2mi
3/10
Harvard Elementary School
Public,•K-5•1.2mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•1.2mi
6/10
Dayton Heights Elementary School
Public,•K-5•1.4mi
5/10
Cahuenga Elementary School
Public,•K-5•1.6mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.6mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.7mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.7mi
3/10
Joseph Le Conte Middle School
Public,•6-8•0.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.6mi
5/10
Virgil Middle School
Public,•6-8•1.6mi
4/10
Young Oak Kim Academy
Public,•6-8•2.3mi
7/10
John Burroughs Middle School
Public,•6-8•2.7mi
4/10
Helen Bernstein High School
Public,•9-12•0.4mi
6/10
Hollywood Senior High School
Public,•9-12•1.8mi
8/10
John Marshall Senior High School
Public,•9-12•2.0mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.4mi
7/10
Fairfax Senior High School
Public,•9-12•3.1mi
3/10
Belmont Senior High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
05/25/18
Sold
$1,375,000
Condition Rating
Poor
Built in 1912, this property is over a century old with no indication of significant recent renovations. The exterior images show a neglected yard, an aged roof, and what appears to be peeling paint, suggesting a lack of maintenance. Crucially, the absence of any interior photos, especially of the kitchen and bathroom, strongly implies these areas are in very poor, outdated, or even unsafe condition, requiring substantial rehabilitation. The property analysis also highlights 'Age-Related Maintenance & Updates' and a 'Limited Bathroom Count' (1 bath for 3 beds) as weaknesses. The significant price reduction from its 2018 sale price further supports the likelihood of major underlying issues. This property requires substantial repairs and modernization of all major systems and interior finishes.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7503, living area = 1344.
Prime Hollywood Location: Nestled in the heart of Hollywood, the property offers exceptional convenience with easy access to freeways, a plethora of restaurants, and vibrant entertainment options, appealing to those seeking an urban lifestyle.
Significant Lot Size: With a generous lot size of 7,503 sqft, the property provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), a valuable asset in a dense urban environment.
Architectural Charm & Potential: Built in 1912, the home possesses inherent charm and character, offering a unique aesthetic. The description highlights its 'promising potential' for buyers looking to personalize and enhance its value.
Attractive Price Point: The property has seen a significant price reduction from its original list price of $1.149M to $949,900, and is notably below its 2018 sale price of $1.375M, potentially offering a compelling value proposition for buyers.
Single-Family Residence: As a standalone single-family home in a highly desirable Los Angeles neighborhood, it offers privacy, land ownership, and greater appreciation potential compared to multi-family units.
Cons
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be a significant functional limitation for families or multiple occupants and may impact its market appeal.
Age-Related Maintenance & Updates: Built in 1912, the home is over a century old, suggesting that significant investment may be required for updating plumbing, electrical systems, roofing, and general modernization to meet contemporary standards and avoid deferred maintenance issues.
Price History Discrepancy: The current list price is substantially lower than its 2018 sale price ($1.375M), which could raise questions for potential buyers regarding the property's condition, market changes, or undisclosed factors that led to such a significant devaluation.