Active

5231 Loleta Avenue

Los Angeles CA, 90041

$1,675,000


$631.36 per sqft

Active

5 Beds

3 Baths

2,653 sqft

Residential

Built in 1939

Listed by Brad Keyes with Keyes Real Estate 310-486-9417

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.

24375160

MLS ID

April 15, 2024

Listed

April 23, 2024

Updated

Map

5231 Loleta Avenue
Los Angeles CA, 90041

Interior Features

Total Stories

1


Bedrooms

5 Beds


Bathrooms

3 Baths


Appliances

Dishwasher, Refrigerator, Dryer, Washer


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Decorative


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Electric, Wall Furnace

Exterior/Building Features

Lot Size

0.25 Acres


Architectual Style

Traditional

Other Property Details

Area Name

618 - Eagle Rock


Days on Market

8


Garage

Yes


Garage Spaces

2


Parking

Door-Multi, Garage


Parking Total

2


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR1


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/22/2024

Price Change

$1,675,000

-7%

Listing Contact: 310-486-9417 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/23/2024 at 2:09 PM UTC

 

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