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Listing Agent: Brad Keyes CalDRE: 01857106 - Keyes Real Estate
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

5231 Loleta Avenue,  Los Angeles CA, 90041

(Active)
$1,589,000
|
5 beds, 3 Full baths, 2,653 sqft
|
MLS# 24375160

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Last Updated: 5/9/2024 3:47 AM
Description for 5231 Loleta Avenue Los Angeles, CA 90041
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.
Price
$1,589,000
Los Angeles
5
3 Full
2,653 (approx)
24375160
Active
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.
Listing Information
Property Type: Single Family, Traditional, 1 Story
5 3 Full
0.25 Acres Assessor 2,653 (approx)
1939 Yes-2 spaces 1
Neighborhood
Room Information
Bathrooms
3
Total: 5
Interior Features
Dishwasher,Refrigerator,Dryer,Washer
Wood
Electric
Electric Heating, Wall Furnace
No Common Walls
Decorative
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 0 Covered Parking Spaces, Door-Multi,Garage
None
None
LAR1
Driving Directions
Loleta Ave between Hill Dr and Colorado Blvd.
Financial Considerations
5669011018
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90041 has a population of 3,956,168.

The median household income in Los Angeles, California 90041 is $86,899. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90041 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
5/2/2024 Active $1,589,000  USD  -5.13% MLS info
4/22/2024 Active $1,675,000  USD  -6.94% MLS info
4/15/2024 Active $1,799,995  USD  65.90% MLS info
7/28/2022 Sold $1,085,000  USD  public records
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $13,359   USD 18.46% $1,085,000   USD 15.62%
2022 $11,277   USD 985.29% $938,400   USD 1,447.57%
2021 $1,039   USD -0.38% $60,637   USD -
2020 $1,043   USD 2.86% $60,637   USD 1.03%
2019 $1,014   USD 9.39% $60,016   USD 2.00%
Listing Agent: Brad Keyes CalDRE: 01857106 - Keyes Real Estate
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/9/2024 3:47 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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