5231 Loleta Avenue

Los Angeles, CA 90041

$1,589,000
Price
5
Beds
3
Baths
2,653 Sq. Ft.
$599 / Sq. Ft.
2,653
Sq. Ft.
$599
per Sq. Ft.

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...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.
  1. Listed by Brad Keyes • DRE #01857106 • Brokerage DRE #01857106 • Keyes Real Estate
  2. Listed by Joshua Stein-Sapir • DRE #01979910 • Brokerage DRE #01857106 • Keyes Real Estate

Property Details for 5231 Loleta Avenue

Zoning
LAR1
Style
Traditional
Parcel Number
5669011018
Total Units
3.0
Living Area
2653
Source Living Area
Plans
Area
Eagle Rock (618)
Lot Size Area
10987

Location

Listing Courtesy of Keyes Real Estate, Brad Keyes, DRE #01857106; Keyes Real Estate, Joshua Stein-Sapir, DRE #01979910
Add your commute
LISTING UPDATED: 05/02/2024 01:36 PM

Property Details for 5231 Loleta Avenue

StatusActive
MLS #24-375160
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1939
Lot Size0.25 AC / 10,987 SF
CountyLos Angeles County

Location

Listing Courtesy of Keyes Real Estate, Brad Keyes, DRE #01857106; Keyes Real Estate, Joshua Stein-Sapir, DRE #01979910
Add your commute

Building Information for 5231 Loleta Avenue

Stories-Year Built1939Building Size-Lot Size0.25 AC / 10,987 SF

Payment Calculator

$9,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,672

Property Taxes

$1,113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5231 Loleta Avenue

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2522
  • Lot Size Square Feet: 10987
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Room, Dining Area, Living Room
  • Levels: One
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Furnished: Unfurnished
  • Cooling: Electric
  • Cooling Type: Window Unit(s), Wall Unit(s), Electric
  • Heating: Wall Furnace, Electric
  • Heating Type: Wall, Wall Electric, Electric
  • Flooring: Hardwood
  • Equipment: Built-Ins, Dryer, Washer, Dishwasher, Freezer, Range/Oven, Refrigerator
  • Common Walls: Detached/No Common Walls
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-15-2024

Property History for 5231 Loleta Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5231 Loleta Avenue

Taxable ValueLand$760,000Additions$325,000Total$1,085,000
Tax Record2023$13,359 ($1,113 / month)
Home Facts
Total Finished SqFt1,751 SqFtAbove Grade Finished SqFt1,751 SqFtLot Size10,984 SqFtStyleDuplexYear Built1939ZoningLAR1CountyLOS ANGELESAPN5669-011-018

Schools near 5231 Loleta Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Dahlia Heights Elementary School
PublicK to 6

Eagle Rock High School
Public7 to 12

PUC International Preparatory Academy
CharterK to 8

Highland Park Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5231 Loleta Avenue is a single family home for sale in Los Angeles, CA 90041. This property was listed for sale on April 15, 2024 by Keyes Real Estate, it's currently listed at $1,589,000. It has been on the market for a total of 19 days and was last sold on July 28, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Dahlia Heights Elementary School, Eagle Rock High School and PUC International Preparatory Academy. 5231 Loleta Avenue is a 5-bed, 3-bath, 2,653 sqft single family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keyes Real Estate, Brad Keyes, DRE #01857106; Keyes Real Estate, Joshua Stein-Sapir, DRE #01979910

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.