5231 Loleta Avenue
Los Angeles, CA 90041
2653 sqft | 5 beds | 3 baths | 0.25 acres | #24375160
Description
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
- Property SubtypeSingleFamilyResidence
- CountyLos Angeles
- Original List Price$1,799,995
- Property TypePurchase
- MLS #24375160
- MLS #24375160
- Cost1499000
- Acres0.2522
- Square Feet2653
- Year Built1939
- Bedrooms5
- Bathrooms3
- Full Baths3
- Parking Spaces2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Brad Keyes (#CLW-X93715)
Listing Office: Keyes Real Estate (#CLW-X79832)
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