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5256 Loleta Avenue

Los Angeles, CA 90041

$1,550,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
2,727 Sq. Ft.
$513 / Sq. Ft.
Sold

5256 Loleta Avenue

Los Angeles, CA 90041

Sold
$1,550,000 Sale Price
$0/mo
5
Bed
0
Bath
2,727
Sq. Ft.
Phenomenal investment/development opportunity to acquire a generational asset in the highly sought-after north of Colorado Boulevard area of Eagle Rock. This triplex sits on an R1 lot just under 8,000 sq. ft. and features three separate detached units. The first unit is a 3 bed, 2 bath detached house featuring a sun-filled open floor plan, perfect for a family looking for a single family home while still receiving the benefit of rental income. Sitting toward the back of the property and separated by a beautiful backyard and courtyard are the two detached 1 bed/1 bath bungalows. Each unit is separately metered and has its own washer & dryer. But that's not all! Because this property is located on an R1 lot, this property has the potential for additional development by converting the detached garage located at the end of the gated driveway into an ADU and adding a Junior ADU to the main house - a perfect play for an owner/user. Located in the award-winning Dahlia Heights Elementary School District and walking distance to all the hot spots along Colorado Boulevard including Found Coffee, Little Beast, Malbec Market, Cacao, Trader Joe's, and Colorado Donuts. Don't miss this unique opportunity to generate income while living in one of the most desirable locales in Eagle Rock.
PROPERTY INFORMATION
MLS # 22220997 Lot Size 7,970 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,399,995
Price Per SqFt: $ 513
DOM 885 Days
Address 5256 Loleta Avenue Type Residential Income
City Los Angeles Sq.Ft. 2,727 Sq. Ft.
Postal Code 90041 Garage N/A
County Los Angeles Year Built 1940
Bed / Bath 5 / 0 Parking 1
Built In 1940 Status Closed
Sold Date 2023-01-17
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Washer Included, Dryer Included
Has Heating Yes
Heating Information Wall Furnace
InteriorFeatures Information Ceiling Fan(s)
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,493
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
01/04/2023 Pending $1,399,995
12/14/2022 Active Under Contract $1,399,995
12/14/2022 Pending $1,399,995
12/01/2022 Listed $1,399,995
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Topfind Realty

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(844)-333-8033

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Listing provided courtesy of Brad Keyes, Keyes Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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