29
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$1,500,000
Est. payment /mo
6 Beds
4 Baths
3,133 SqFt
Price Dropped by $175K
5323 Monte Vista ST Los Angeles, CA 90042
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,133 sqft
Price per Sqft $478
MLS Listing ID 25553781
Bedrooms 6
HOA Y/N No
Year Built 1908
Lot Size 7,004 Sqft
Property Description
5323 Monte Vista is a four-unit investment opportunity located in Highland Park, Los Angeles. The property features two separate structures on a 7,003 square foot lot. Built in 1908, and extensively renovated over the last five years, the property is comprised of (2) one-bedroom, one-bath units and (2) two-bedroom, one-bath units. The asset is professionally managed, with most rents at or near market levels. Significant capital improvements have been completed, including upgraded electrical and plumbing systems and a new deck. The property also features a spacious front porch, upstairs balcony, gated front yard, extra-long driveway, and individually metered utilities. New ownership can capture remaining loss to lease and benefit from a stable, cash-flowing investment in one of LA's fastest-growing submarkets.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 6
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5469020018
Special Listing Condition Standard
Listed by Douglas Steinriede Dover Management Corp.
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