5231 Loleta Avenue Los Angeles, CA $ 1,589,000
5231 Loleta Avenue
$ 1,589,000
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5231 Loleta Avenue

Los Angeles, CA, 90041
$ 1,589,000
Bedrooms5 Baths3.0 Sq 2,653

Monthly Estimate*

$ 11,100

Listed by Keyes Real Estate
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Multi-Family Home for sale in Los Angeles, CA

for $1,589,000 with 5 bedrooms and 3 full baths. This 2,653 square foot home was built in 2024 on a lot size of 0.2522.

Traditional meets contemporary in this exceptional investment and/or owner-user opportunity nestled in the sought-after "north of Colorado Boulevard" enclave of Eagle Rock. Situated on an expansive, newly landscaped, flat lot spanning nearly 11,000 sq. ft. are three distinct standalone units. 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-bedroom, 1-bathroom bungalow with hardwood flooring and laundry, and a new construction contemporary unit showcasing 2 bedrooms, 1 bathroom, sleek stainless steel Fisher and Paykel appliances, soaring 10 foot ceilings, new wood flooring throughout, and the added bonus of a private grassy area, perfect for relaxation or recreation.Steps away from award-winning Dahlia Heights Elementary and walking distance to the vibrant attractions lining Colorado Boulevard. This triplex presents an unparalleled opportunity for an owner-user or savvy real estate investor to realize your aspirations and own in Eagle Rock's most coveted neighborhood.

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Multi-Family Active

Price

$ 1,589,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.2522

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24378633

Days on Market

25

Features
General
Heating Electric WallFurnace
Cooling Electric
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning LAR1
Garage Spaces 2.0
Architectural Style Traditional
Pool Features None
Year Built 2024
Stories 1
Levels One
Gross Income 156000.0
County Los Angeles
Net Operating Income 128156.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Loleta Avenue north of Colorado Boulevard.
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 618 - Eagle Rock
Lot Size Square Feet 10987.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Loleta
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Standard Status Active
Year Built Source Builder
Cap Rate 7.0
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Exterior
Total Parking 2.0
Lot Size Area 10987.0
Number of Buildings 3
Spa N
Building Area Total 2653.0
Lot Size Acres 0.2522
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 3
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Internal Only
Street Number 1 5231
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* Excluded Features
List By
Keyes Real Estate

Broker

(310) 367-3372

Phone

Affordability Calculator

$11,100
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,100
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,589,000 -5.13% Price Down
4/22/2024$1,675,000 -6.94% Price Down
4/11/2024$1,799,995 Listed Price

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5231 Loleta Avenue, Los Angeles, CA, 90041 is a Multi-Family Home for sale at $1,589,000 with 2,653 sqft and a lot size of 0.2522. 5231 Loleta Avenue has 5 bedrooms, 3.0 baths, and was built in 2024. The property's zip code is 90041 which is in Los Angeles, CA