5231 Loleta Avenue
Los Angeles, CA 90041

  • 5 beds
  • 3 baths
  • 2,653 sqft
  • 10,987 sqft lot
  • $598 per sqft
  • 1939 build
  • on site

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.

California Regional MLS logo Listed By CRMLS_CA / Brad Keyes / Keyes Real Estate

Last checked: Checking… • Last updated May 16, 2024 •

MLS# 24375160 —

This home is listed in more than one place. See it here, and here, and here.

Monthly cost estimate

5231 Loleta Avenue

Asking price

$1,589,000

Expense Monthly cost
Mortgage

$8,508

Taxes N/A
Insurance $436
Utilities $247 See report
Total $9,191/mo.*
*This is an estimate

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Walk Score®

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Sale history

Date Event Source Price % Change
5/2/24
Price Changed CRMLS_CA $1,589,000 -5.1%
4/22/24
Price Changed CRMLS_CA $1,675,000 -6.9%
4/15/24
Listed / Active CRMLS_CA $1,799,995 65.9% (39.7% / YR)

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Brad Keyes

Keyes Real Estate

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This house located in Northeast La, Los Angeles, CA 90041 is currently for sale for $1,589,000. 5231 Loleta Avenue is a 2,653 square foot house with 5 beds and 3 baths that has been on Estately for 35 days. 5231 Loleta Avenue is in the Northeast La neighborhood of Los Angeles and has a WalkScore® of 69, making it somewhat walkable. This house is in the attendance area of Dahlia Heights Elementary School and Eagle Rock High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Keyes Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 20:23 on May 20.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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