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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,049,999

Est. payment - /mo

0.28 Acres Lot

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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 present itself in the highly desirable 90032 pocket of Los Angeles, ideally situated between the vibrant community of El Sereno and the scenic hills of Montecito Heights. Offered for the first time ever, this exceptional 5-unit complex reflects true pride of ownership and meticulous care throughout the years. The property features four spacious 2-bedroom, 1-bath units and a detached rear home offering 3 bedrooms and 2 bathrooms — a highly desirable unit mix that supports strong tenant demand and long-term stability. Each unit has been carefully maintained, making this one of the cleanest, best-kept complexes in the area. In addition, the property includes six garage spaces, creating excellent upside potential for additional rental income. The on-site laundry room already generates solid income, with room to further maximize returns. Why take on the risk and expense of heavy renovations and deferred maintenance? This is a true turnkey investment — headache-free, well cared for, and already producing strong income with built-in future growth potential. Location is everything, and this property delivers. Just minutes away, tenants enjoy outdoor recreation at Ascot Hills Park and the scenic trails of Debs Park. The area offers convenient neighborhood shopping along Huntington Drive and Valley Boulevard, and is close to California State University, Los Angeles, helping support consistent rental demand. Residents are also a short drive from Downtown Los Angeles and its vibrant nightlife scene — including rooftop lounges, live music venues, award-winning restaurants, cocktail bars, and entertainment districts that make LA one of the most dynamic cities in the country. Opportunities like this — first time on the market and this well maintained — are extremely rare in Northeast Los Angeles. Don't miss your chance to secure a prime multi-unit asset in a thriving rental corridor.

Location

State CA

County Los Angeles

Area 621 - El Sereno

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

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

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3823 Stockbridge Los Angeles, CA 90032