Listing by: Brad Keyes, Keyes Real Estate

5 Beds

3 Baths

2,653 SqFt

Active

Incredible investment opportunity located in the highly coveted "north of Colorado Boulevard" neighborhood. R1-1 zoned, this traditional and contemporary property features 3 standalone structures. The charming 2 bed / 1 bath front house features a decorative fireplace, hardwood floors, original built-ins, a laundry room, a welcoming front porch, and a sun-filled dining area with French doors. The detached 2-car garage sits at the end of a lengthy driveway, offering ample parking options. Tucked away towards the rear of the property are the two additional standalone units: a cozy 1 bed / 1 bath bungalow with hardwood flooring and laundry, and a new construction contemporary Accessory Dwelling Unit (ADU), approximately 900 sq. ft., showcasing 2 bedrooms, 1 bathroom, sleek stainless steel Fisher & Paykel appliances, soaring 10-foot ceilings, new wood flooring throughout, and a private grassy area - adding tremendous value to this property. The expansive flat backyard provides endless potential for the new owner. Steps away from award-winning Dahlia Heights Elementary and walking distance to all the hot spots along Colorado Boulevard. This is the perfect opportunity for an owner-user or any savvy real estate investor.

Property Details
Price $1,675,000
Bedrooms 5
Full Baths 3
Half Baths 0
Total Baths 3
Property Style Traditional
Lot Size Area 10987
Lot Size Area Units Square Feet
Acres 0.2522
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 0
Year Built 1939
View None
Heating Wall Furnace,Electric
Laundry Features Washer Included,Dryer Included
Pool features None
Parking Description Garage - Two Door
Parking Spaces 2
Garage spaces 2
Geographic Data
Directions Loleta Ave between Hill Dr and Colorado Blvd.
County Los Angeles
Latitude 34.142305
Longitude -118.198405
Market Area 618 - Eagle Rock
Address Information
Address 5231 Loleta Avenue, Los Angeles, CA 90041
Postal Code 90041
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Keyes Real Estate
Listing Agent Brad Keyes
Buyer Agency Compensation 2.500
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 8
MLS Status Active
Listing Date Apr 15, 2024
Listing Last Modified Apr 23, 2024
Tax ID 5669011018
MLS Area 618 - Eagle Rock
MLS # 24375160

This information is believed to be accurate, but without any warranty.
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