5432 La Mirada Avenue, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath
ACTIVE$949,900
5432 La Mirada Avenue, Los Angeles, California 90029
0Bed
0Bath
2,305Sqft
7,963Lot
Year Built
1922
Close
-
List price
$950K
Original List price
$1.15M
Price/Sqft
$412
HOA
-
Days on market
-
Sold On
-
MLS number
MC24174437
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $949.9K(50th), sqft - 2305(33th), beds - undefined(50th), baths - undefined(50th).
Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. Spanning over 2,300 sq ft, this spacious property offers five bedrooms, perfect for families or those seeking extra space. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security, providing a private oasis amidst the vibrant cityscape. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues, making commuting and exploring the best of Hollywood effortless. Whether you’re relaxing at home or diving into the dynamic local scene, this Hollywood gem offers a blend of comfort, style, and prime location that’s hard to beat. Don’t miss your chance to experience the best of urban living in one of LA’s most sought-after areas.
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
3/10
Harvard Elementary School
Public,•K-5•1.2mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•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•1.7mi
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•0.3mi
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•2.5mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.5mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.5mi
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
08/15/25
Price Change
$949,900
08/22/24
Listing
$1,149,000
12/28/18
Sold
$1,675,000
Condition Rating
Fair
Built in 1922, this triplex is aged but appears maintained. The kitchen features outdated white cabinets, laminate countertops, and older white appliances, suggesting a renovation 15-30+ years ago. Bathrooms are functional but also dated in style. Heating is via wall-mounted units and cooling by window ACs, indicating no modern central HVAC. While the hardwood floors are a plus, the property requires significant cosmetic and system updates to meet current quality standards and buyer expectations.
Pros & Cons
Pros
Income-Generating Triplex: As a triplex, this property offers significant potential for rental income, making it an attractive investment opportunity for buyers seeking cash flow or multi-generational living.
Prime Hollywood Location: Nestled in the heart of Hollywood, the property boasts an iconic and highly sought-after address, providing excellent access to major freeways, entertainment venues, and the vibrant urban lifestyle of Los Angeles.
Spacious Layout & Bedrooms: Spanning over 2,300 sq ft with five bedrooms, the property offers ample living space and flexibility, catering to larger families or multiple tenants, which enhances its appeal and potential rental yield.
Curb Appeal & Security: The beautiful stone exterior and fully fenced-in driveway contribute to strong curb appeal and provide enhanced security and privacy, creating a desirable 'private oasis' feel.
Significant Price Reduction: The property has seen a substantial price drop from its original list price of $1.149M to $949.9K, indicating a potential value opportunity for a savvy buyer.
Cons
Advanced Age of Property: Built in 1922, the property's age suggests that major systems (plumbing, electrical, HVAC) may be original or outdated, potentially requiring significant upgrades or repairs.
Undisclosed Unit Conditions/Rental Income: The listing lacks specific details regarding the condition of individual units, current rental income, or lease terms, which are crucial for evaluating an income property's true value and investment viability.
Potential for High Maintenance Costs: Given its age and multi-unit nature, the property may incur higher ongoing maintenance and repair costs compared to newer constructions, which could impact profitability.