6310 Mirror Lake Dr
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Cheremoya Avenue Elementary School
Joseph Le Conte Middle School
Hollywood Senior High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At a purchase price of nearly $5 million, 6310 Mirror Lake Dr presents a highly speculative investment. While the massive 6-bed, 7-bath property offers significant scale in a premium Los Angeles submarket with a steady 4% expected annual appreciation, the financial fundamentals are highly unfavorable. The low rental yield of 3.28% is entirely insufficient to cover holding and financing costs, resulting in a severe negative monthly cash flow of -$11,611.64. Subsidizing over $139,000 annually out of pocket is unacceptable for a conservative investor, making this asset an unjustifiable risk.
- • Premium Los Angeles location with historically strong luxury demand
- • Large 6,247 sqft footprint with high rental appeal for high-net-worth tenants
- • Reliable expected annual market appreciation of 4%
- • Severe negative monthly cash flow of -$11,611.64, creating an unsustainable cash drain
- • Low rental yield of 3.28%, failing to outpace conservative risk-free yields
- • High barrier to entry and concentration risk with a $4.995M purchase price
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-03-12 | Listed for sale | $4,995,000 | $800 |
| 2026-01-20 | Listing removed | $5,295,000 | $848 |
| 2025-11-03 | Price change | $5,295,000 | $848 |
| 2025-10-16 | Listed for sale | $5,950,000 | $952 |
| 2023-09-20 | Listing removed | $0 | – |
| 2023-08-30 | Listed for rent | $25,000 | $4 |
| 2023-03-17 | Listing removed | $0 | – |
| 2023-02-02 | Listed for rent | $35,000 | $6 |
| 2022-09-25 | Listing removed | $0 | – |
| 2022-07-12 | Price change | $65,000 | $10 |
| 2022-05-27 | Listed for rent | $70,000 | $11 |
| 2022-03-09 | Sold | $5,800,000 | $928 |
| 2022-01-21 | Pending sale | $5,899,900 | $944 |
| 2021-11-17 | Price change | $5,899,900 | $944 |
| 2021-10-10 | Price change | $5,900,900 | $945 |
| 2021-09-07 | Listed for sale | $6,299,900 | $1,008 |
| 2021-08-30 | Listing removed | $0 | – |
| 2021-08-18 | Listed for sale | $6,499,900 | $1,040 |
| 2019-05-07 | Sold | $1,700,000 | $272 |
| 2019-01-17 | Sold | $1,500,000 | $240 |
| 2011-08-24 | Listing removed | $925,000 | $148 |
| 2011-07-25 | Listed for sale | $925,000 | $148 |
| 2011-03-31 | Sold | $920,000 | $147 |
| 2011-02-23 | Listed for sale | $925,000 | $148 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $74,115.05 | $6,155,005 |
| 2024 | $73,274.59 | $6,034,320 |
| 2023 | $77,637.76 | $5,916,000 |
| 2022 | $28,304.24 | $2,374,257 |
| 2021 | $27,971.26 | $2,327,704 |
| 2020 | $21,354.26 | $1,734,000 |
| 2019 | $21,354.26 | $1,056,617 |
| 2018 | $12,747.11 | $1,035,900 |
| 2017 | $12,747.11 | $1,015,589 |
| 2016 | $12,470.03 | $995,677 |
| 2015 | $12,154.31 | $980,722 |
| 2014 | $12,016.29 | $961,512 |
| 2012 | $0 | $938,400 |
| 2011 | $0 | $1,068,000 |
| 2010 | $0 | $118,666 |
| 2009 | $0 | $118,949 |
| 2008 | $0 | $116,618 |
| 2007 | $0 | $114,332 |
| 2006 | $0 | $112,091 |
| 2005 | $0 | $112,091 |
| 2004 | $0 | $107,741 |
| 2003 | $0 | $105,768 |
| 2002 | $0 | $103,695 |
| 2000 | $0 | $99,670 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $128,176/yr
On $1,148,850 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Los Angeles.