Active

5231 Loleta Ave

Los Angeles CA, 90041

$1,589,000


$598.94 per sqft

Active

5 Beds

3 Baths

2,653 sqft

Residential

Built in 1939

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.

24-375160

MLS ID

April 15, 2024

Listed

May 16, 2024

Updated

Map

5231 Loleta Ave
Los Angeles CA, 90041

Interior Features

Total Stories

0


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

3


Appliances

Built-Ins, Dryer, Washer, Dishwasher, Freezer, Range/Oven, Refrigerator


Laundry Description

Laundry Area


Floor Description

Hardwood


Fireplace

Yes


Fireplace Description

Decorative


Cooling

Yes


Cooling Description

Window Unit(s), Wall Unit(s), Electric


Heating

Yes


Heating Description

Wall, Wall Electric, Electric

Exterior/Building Features

Lot Size

0.25 Acres


Architectual Style

Traditional

Other Property Details

Area Name

Eagle Rock


Days on Market

31


Garage

Yes


Garage Spaces

2


Parking

Garage - 2 Car


Parking Total

2


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR1

Listing History

Date

Event

Price

5/2/2024

Price Change

$1,589,000

-6%

4/22/2024

Price Change

$1,675,000

-7%

Listed by Brad Keyes with Keyes Real Estate
Listing Contact: 310-367-3372 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vanessa Withers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/16/2024

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