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5231 Loleta Avenue Los Angeles, CA 90041

5 Beds
3 Baths
2,653 Sqft
10,985 Sqft lot
0.25 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1939
Days on Website: 74

Property listed by Keyes Real Estate, Brad Keyes

Description

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.

Open House

Property Details and Features

  • Dishwasher
  • Refrigerator
  • Dryer
  • Washer
  • 3 full bathrooms
  • 3 total bathrooms
  • 5 total bedrooms
  • Built in 1939
  • Building area total: 2,653
  • Levels: One
  • Living area: 2653
  • 1 story
  • Architectural style: Traditional
  • Common walls: NoCommonWalls
  • Electric
  • Decorative
  • Wood
  • 2 spaces
  • Electric
  • WallFurnace
  • ListingID: 24375160
  • Standard status: Active
  • 63 days on market
  • Country: US
  • 0.2522 acres
  • 10,987 square feet
  • Size: 10,987
  • 2 totals parking
  • DoorMulti
  • Garage
  • None
  • Zoning: LAR1
  • None
  • None