6416 La Mirada Ave Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $10,323/month
Total Views
6,106
6
Beds
7
Baths
4,790
Sq Ft
$365
Price per Sq Ft
Highlights
- View of Hills
- Wood Flooring
- Balcony
- Fireplace in Bathroom
- High Ceiling
- 3-minute walk to Hollywood Recreational Center
About This Home
2nd price reduction.The Spanish buildings, situated in the heart of Hollywood, surrounded with many new high rises and CNN iconic building. The property is adjacent to the 6410 La Mirada with separate APN number and must be sold and close concurrently. The opportunities are endless. From ADUs to new constructions with high densities or simply hold as an investment portfolio. These properties carrying good mix units; the 6410 is consist of 3+2, 2+1, 1+1, 1+1 (offering at $1.6 Mil, with second price was reduction) and the 6416 is consist of 2+2 1/2, 1+1, 1+1. 1+1, 1+1. All units are occupied except 3+2 unit. Leases are M to M. 40% upside in rent. Separate meters for Gas and electricity; each unit has its own water heater. some units have washer/dyers or just a hook-up. One of the seller is DRE licensees. Buyer must cooperate with seller's 1031 exchange at no coast to buyer. Measurements are estimated, buyers to investigate and verify the measurements, potential future developments, city ordinance, permits requirements and relay on his/hers own source for the accuracies thereto. some seismic work was done on one of the building. Broker, agent and sellers will not be responsible for any discrepancies. Neighboring Larchmont Village, Hancock Park, Los Feliz, West Hollywood, La Brea, and Koreantown Do not disturb the tenants, they are not aware of the sales. Showing by appointment only and upon acceptance of an offer. The properties being sold in AS IS condition with NO SELLERS' WARRANTY and/or repairs. Sellers will select the service.
Listing Agent
Beverly and Company Brokerage Phone: 818-716-7400 License #01141576 Listed on: 02/16/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $8,889
Year Built
- Built in 1921
Lot Details
- 6,979 Sq Ft Lot
- Lot Dimensions are 50 x 139.9
- No Common Walls
- Rectangular Lot
- On-Hand Building Permits
Parking
- 5 Open Parking Spaces
- 5 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Planned Development
- Flat Roof Shape
- Asphalt Roof
- Partial Copper Plumbing
Interior Spaces
- 4,790 Sq Ft Home
- 2-Story Property
- High Ceiling
- Electric Fireplace
- Gas Fireplace
- Window Screens
- Sliding Doors
- Panel Doors
- Library with Fireplace
- Views of Hills
Kitchen
- Convection Oven
- Gas Oven
- Fireplace in Kitchen
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- Mirrored Closets Doors
- 7 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Accessible Parking
Outdoor Features
- Balcony
- Fireplace in Patio
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 3541
- Assessor Parcel Number 5533004008
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,910
- Professional Management Expense $1,020
- Trash Expense $5,160
- Water Sewer Expense $1,800
- Operating Expense $7,980
- Gross Income $11,700
- Net Operating Income $89,806
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,889 | $664,767 | $517,047 | $147,720 |
| 2024 | $8,889 | $651,733 | $506,909 | $144,824 |
| 2023 | $8,737 | $638,955 | $496,970 | $141,985 |
| 2022 | $8,026 | $626,427 | $487,226 | $139,201 |
| 2021 | $7,903 | $614,145 | $477,673 | $136,472 |
| 2020 | $7,975 | $608,209 | $472,776 | $135,433 |
| 2019 | $7,679 | $596,291 | $463,506 | $132,785 |
| 2018 | $7,520 | $584,607 | $454,418 | $130,189 |
| 2016 | $7,153 | $561,562 | $436,773 | $124,789 |
| 2015 | $7,054 | $553,128 | $430,213 | $122,915 |
| 2014 | $7,109 | $542,294 | $421,786 | $120,508 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/09/2025 02/09/25 | Price Changed | $1,750,000 | -2.8% | $365 / Sq Ft |
| 07/16/2024 07/16/24 | Price Changed | $1,800,000 | -5.3% | $376 / Sq Ft |
| 05/02/2024 05/02/24 | Price Changed | $1,900,000 | -13.6% | $397 / Sq Ft |
| 02/16/2024 02/16/24 | For Sale | $2,200,000 | -- | $459 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $280,000 | -- | |
| Grant Deed | $260,000 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24029762
APN: 5533-004-008
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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. Properties may or may not be listed by the office/agent presenting the information
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