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
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
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $949.9K(48th), sqft - 1344(29th), beds - 3(50th), baths - 1(19th).
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
07/31/25
$949,900
08/22/24
$1,149,000
05/25/18
Sold
$1,375,000
Condition Rating
Poor
Built in 1912, this property is over 110 years old and the listing description explicitly highlights 'Outdated Systems & Renovation Needs' and 'Implied Significant Investment Required.' The exterior images show neglect with dry landscaping and peeling paint. While the property has 'historic charm,' its age combined with the need for substantial updates to core systems (plumbing, electrical, HVAC) and the limited 1-bathroom layout for a 3-bedroom home indicates it requires significant rehabilitation to meet modern living standards and safety. The substantial price reduction from its 2018 sale price further supports the need for major investment, aligning with the 'poor' condition criteria.
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: The property is nestled in the heart of Hollywood, offering excellent access to freeways, diverse restaurants, and vibrant entertainment options, making it highly desirable.
Significant Price Adjustment & Value Proposition: With a substantial price reduction from its original list price and being listed below its 2018 sale price ($1,375,000), this property presents a compelling value opportunity for potential buyers.
Generous Lot Size: The 7,503 sqft lot in a prime Hollywood location provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Historic Charm & Character: Built in 1912, the home offers a unique blend of historical charm and character, appealing to buyers seeking properties with architectural distinction.
Proximity to Rated Schools: The property is conveniently located near several well-rated schools, including Kingsley Elementary (rated 5) and Helen Bernstein High (rated 4), enhancing its appeal for families.
Cons
Outdated Systems & Renovation Needs: As a 1912 build, the property likely requires significant updates to its core systems (plumbing, electrical, HVAC) and general renovations to meet modern living standards, implying considerable buyer investment.
Limited Bathroom Count: A 3-bedroom home with only 1 bathroom is a notable functional limitation that can impact daily living convenience and potentially reduce its market appeal and resale value.
Implied Significant Investment Required: The description's emphasis on 'potential' and 'make it your own,' coupled with the current list price being below its 2018 sale, strongly suggests a buyer will need to allocate substantial funds for necessary upgrades and modernization.