5231 Loleta Ave

Los Angeles, CA 90041 View Map $1,589,000 Schedule a Tour
Beds5
Baths3
Sq.Ft.2,653
Year1939

Cyndy Nguyen

(310) 940-7527

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Open House: Sunday, May 19, 2024 from 3:00 PM - 5:00 PM
Status: Active
Property Type:Residential
MLS #:24-375160
Sq. Feet:2,653
On Site:35 Days
Lot Size:0.25 Acres
County:Los Angeles
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.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
4/22/2024$1,799,995$1,675,000-6.9%
5/2/2024$1,675,000$1,589,000-5.1%

Community Information

Address:5231 Loleta Ave, Los Angeles, CA 90041
Zip Code:90041

Architecture

Bedrooms: 5
Bathrooms: 3
Year Built:1939
Stories:1
Style:Traditional
Structure Type: Detached
Common Walls: Detached/No Common Walls
Levels: One
Parking Features: Garage - 2 Car
Garage Spaces: 2
Covered Parking: 2
Parking Total: 2

Features / Amenities

Fireplace Features: Decorative
Flooring: Hardwood
Other Equipment: Built-Ins, Dryer, Washer, Dishwasher, Freezer, Range/Oven, Refrigerator
Furnished: Unfurnished
Laundry Features: Laundry Area
Cooling: Window Unit(s), Wall Unit(s), Electric
Heating: Wall, Wall Electric, Electric
Rooms:Rooms: Dining Room, Dining Area, Living Room

Property Features

Lot Size: 0.25 Acres
Lot Size SqFt: 10987
Zoning:LAR1
Directions:Loleta Ave between Hill Dr and Colorado Blvd.

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5231 Loleta Ave Los Angeles,  CA 90041
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5231 Loleta Ave Los Angeles, CA 90041
 
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Listing Information Last Updated 5/19/2024
Listing provided courtesy of Keyes Real Estate.
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