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Jill Bennett

jill@jillbennetthomes.com +1(805) 478-8448

$ 2,049,999

Est. payment | -/mo

0.28 Acres Lot

Save

$ 2,049,999

Est. payment | -/mo

Save

0.28 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26036874

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1957

Lot Size 0.276 Acres

Property Sub-Type Mixed Use

Property Description

Rarely does an opportunity like this come to market. Offered for the first time ever, this exceptional 5-unit investment property showcases true pride of ownership and meticulous long-term care. Featuring four spacious 2-bedroom, 1-bath units plus a detached 3-bedroom, 2-bath rear home, the property offers a highly desirable unit mix that drives strong tenant demand and lasting stability. Zoned GLR3 with outstanding building opportunities, the property also presents the potential to add three additional units—unlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey asset—clean, well maintained, and already performing—featuring six garage spaces with additional rental upside and an on-site laundry room that generates steady income with room to grow. No deferred maintenance, no heavy rehab—just immediate cash flow with built-in expansion potential. Ideally located in Los Angeles' 90032 zip code between El Sereno and Montecito Heights, tenants enjoy nearby access to Ascot Hills Park, Debs Park, local shopping along Huntington Drive and Valley Boulevard, and California State University, Los Angeles—supporting consistent and reliable rental demand. Just minutes from Downtown Los Angeles, residents are also close to world-class dining, nightlife, entertainment, and cultural destinations. Opportunities like this—first time on the market, impeccably maintained, and with this level of development upside—are extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD1.5

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside

Exterior

Exterior Feature Lighting

Parking Features Concrete, Door-Multi, Direct Access, Garage, Off Street, Public, Garage Faces Rear, On Street, Workshop in Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5219033015

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kevin Gonzalez eXp Realty of Southern California Inc 909-268-4206, DRE #01947721

Schools and Properties Nearby

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+1(805) 478-8448

jill@jillbennetthomes.com

1303 E Grande Ave. #123, Arroyo Grande, CA, 93420, USA

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3823 Stockbridge Los Angeles, CA 90032