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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number24375160
- Home Size Source Plans
- Year Built1939
- Lot Size0.2522 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Traditional
- Parking Garage - Two Door
- Parking Spaces 2
- Number of Stories 10
- Acreage 0.2522
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Zoning LAR1
- Listing Conditions Standard
Interior Features
- Cooling Electric
- Heating Wall FurnaceElectric
- Appliances DishwasherRefrigerator
- Flooring Wood
- Furnished? Unfurnished
- Fireplace Features Decorative
- Laundry Features Washer IncludedDryer Included
- Fireplace Yes
Exterior Features
- View None
- Spa No
- Pool Features None
- Spa Features None
Community Features
- Senior Community No
- MLS Area 618 - Eagle Rock