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Property Description

4-unit were added and completed in 1988, attached to the original house. Original house is a 2-bedroom 1 bath front unit, built in 1916. Located in the high demand rental area of El Sereno. Excellent unit mix with (1) 2 bedrooms, 1 bath; (3) 2 bedrooms 1.5 baths & (1) 3 bedrooms, 1.75 bath. Energy star roof with a 30-yr warranty was installed in June 2022. 4 units' water heaters were replaced within the past 4 years. Each unit has 2 parking spaces on site. Individual gas and electrical meter. Tenant pays for all utilities including electricity, gas and trash, except water. El Sereno is an upcoming city, adjacent to Alhambra, Highland Park, S. Pasadena. 10-15 Minutes drive to Costco, Home Depot, USC and Cal State L.A. Walkable score at 95. Lots of upside rent potential for new owner. Carport area might be used to convert into additional unit or ADU. Buyer to check and verify the possibilities, details and requirements with the City. All rents are current, no behind payment. Only approximately $303/sq.ft. We will have exterior painting or Seller to credit $10000 towards buyer's closing cost upon request.

Overview

Property Status
Sold
Lot Size
7,041 Sq.Ft.
MLS ID
WS24077930
Property Type
Condo
Year Built
1916

Features & Amenities

Neighborhood
Los Angeles
Architecture Styles
Custom
View Description
None
Stories
2
Water Source
Public
Utilites
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool
None
Roof
Shingle
Lot Features
Rectangular Lot, Yard
Parking
Assigned
Heat Type
Electric
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
Disability Features
None
Sales Price
$1,190,000
Maintenance Fee
$3,823/mo
Zoning
LARD3

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5125 Oakland Street

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  • CallTalia (Kwan Fond) Lai

    License #01199730

    (626) 926-0236
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