5231 Loleta Ave, Los Angeles, CA 90041
5231 Loleta Ave, Los Angeles, CA 90041
5231 Loleta Ave, Los Angeles, CA 90041
41
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$1,499,999
Est. payment /mo
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5 Beds
3 Baths
2,653 SqFt
Pending

5231 Loleta Ave Los Angeles, CA 90041

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,653 sqft

Price per Sqft $565

MLS Listing ID 26645073

Style Traditional

Bedrooms 5

Year Built 2024

Lot Size 0.252 Acres

Acres 0.2522

Property Sub-Type Multi-Family

Property Description

Traditional charm meets contemporary design in this exceptional owner-user and/or investment opportunity, ideally located in the highly sought-after "north of Colorado Boulevard" enclave of Eagle Rock. Set on an expansive flat lot nearly 11,000 square feet, the property features three standalone units, each offering privacy, flexibility, and long-term upside.The charming 2-bedroom, 1-bath front residence showcases a decorative fireplace, hardwood floors, original built-ins, a dedicated laundry room, a welcoming front porch, and a sun-filled dining area with French doors. A detached two-car garage sits at the end of a long driveway, providing ample on-site parking. Toward the rear of the property are two additional standalone residences: a cozy 1-bedroom, 1-bath bungalow with hardwood floors and in-unit laundry, and a recently completed new-construction ADU built by local builder Opus Builders, Inc. The ADU offers 2 bedrooms and 1 bathroom, soaring 10-foot ceilings, new wood flooring throughout, and a modern kitchen equipped with stainless steel Fisher & Paykel appliances. This unit also features a private grassy outdoor area, ideal for relaxing or entertaining. All units are on month-to-month leases, creating an exceptional opportunity for an owner-user or investor to maximize flexibility and future potential. Further enhancing the value, plans for an additional fourth unit are available and may be delivered should the buyer desire, offering a compelling path to increased density and long-term returns. Located moments from award-winning Dahlia Heights Elementary and the vibrant shops, dining, and amenities along Colorado Boulevard. This is a rare chance to own a versatile, well-located property in one of Eagle Rock's most coveted neighborhoods.

Location

State CA

County Los Angeles

Area Eagle Rock

Zoning LAR1

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Electric, Wall, Wall Electric

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

Equipment Freezer, Dryer, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Washer, Hood Fan, Built-Ins

Exterior

Parking Features Garage Is Detached

Garage Spaces 2.0

Pool None

Building

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keyes Real Estate

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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5231 Loleta Ave