$1,499,000
For Sale

5231 Loleta Avenue

Los Angeles, CA 90041
2653 sqft | 5 beds | 3 baths | 0.25 acres | #24375160
Listing OfficeKeyes Real Estate
Browse 127 photos
Type:Purchase
Structure:House
Zone:Residential

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

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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