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3503 La Mirada
About This Property
A detached guest house, approximately 1 bedroom and 1 bathroom, features its own kitchen and living area, providing excellent flexibility for extended family, guests, rental potential, or additional workspace.
The expansive, private lot offers RV parking, mature trees, and plenty of room for recreational vehicles, equipment, hobbies, or outdoor enjoyment.
The property requires interior renovation and is being sold AS-IS, presenting an excellent opportunity for investors, builders, or owner users looking to renovate, customize, and add value. The property is zoned R1-20, offering potential for agricultural, horticulture or equestrian use and possible future development; buyer to independently verify zoning, permitted uses, and development potential with the appropriate authorities.
Conveniently located just minutes from the 78 freeway, shopping, dining, schools, and other local amenities, this property offers a rare combination of land, location, flexibility, and upside potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2025 | Listed by Allison James Estates & Homes | $1,600,000 | |
| Listed by Allison James Estates & Homes | |||
| Jun 11, 2019 | No longer available | - | |
| No longer available | |||
| May 22, 2019 | Relisted | $1,100,000 | |
| Relisted | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Apr 26, 2018 | Listed | $1,100,000 | |
| Listed | |||
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Amazing property! Build a custom dream home property on 2.38 acres or build more homes by subdividing the land. Buyer to do their due diligence and verify any and all information regarding property. There is an existing home with 3 bedrooms and 1 bath. This property is sold together with adjacent 2.06 Acres for $1,100,000 listed separately APN#219-062-032-00 on Linda Vista Drive. For a total of 4.44 Acres. The manager has listed the unit size as 1441 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017