Get the App

5256 Loleta Avenue, Los Angeles, CA 90041

Property

5256 Loleta Avenue, Los Angeles, CA 90041 Sold January 2023 CRMLS
$1,550,000Sold January 2023

Listing Agent: Brad Keyes (DRE #01857106) · Listing Office: Keyes Real Estate · Contact: 310-486-9417 · Bought with: Ning Trillana · Coldwell Banker Hallmark · MLS #22220997 · Source: CRMLS

5
Bedrooms
4
Bathrooms
2,727
Sq Ft
7,970 sqft
Lot Size
1940
Year Built
Property
Type
WallFurnace
Heating

About this property

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.

Listing description from the January 2023 sale, as reported to CRMLS.

Sale history

$1,550,000
Sold January 2023 · listed $1,399,995, on market December 2022 · MLS #22220997 · Source: CRMLS
Listing Agent: Brad Keyes · Listing Office: Keyes Real Estate · Contact: 310-486-9417 · Bought with: Ning Trillana · Coldwell Banker Hallmark
See homes for sale in Los Angeles Open the Nalren App

Explore Los Angeles