5231 Loleta Avenue, Los Angeles

Los Angeles Home For Sale

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 Details

5231 Loleta AvenueSquare Ft: 2,653Lot Size: 0.25Bedrooms: 5Bathrooms: 3Price: $1,499,000Zip: 90041
MLS® #: 24375160Levels: OneGarages: 2School District: Days on Market: 118Listed By: Brad Keyes, Keyes Real Estate

Sales Agent

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Additional Information

  • City:
    Los Angeles
  • County:
    Los Angeles
  • Zip:
    90041
  • MLS® #:
    24375160
  • Bedrooms:
    5
  • Bathrooms:
    3
  • Square Ft:
    2,653
  • Lot Size:
    0.25
  • Levels:
    One
  • Garages:
    2
  • HOA Dues:
    $

Price Change History for 5231 Loleta Avenue, Los Angeles, (MLS® #24375160)

Date Details Price Change
Price Reduced $1,499,000 $90,000 (5.66%)
Price Reduced $1,589,000 $86,000 (5.13%)
Price Reduced (from $1,799,995) $1,675,000 $124,995 (6.94%)
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Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2024 at 6:40am PDT. 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.