5323 Monte Vista Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90042
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,133 sqft
Price per Sqft $478
MLS Listing ID CL25553781
Bedrooms 6
Year Built 1908
Lot Size 7,005 Sqft
Property Sub-Type OTHER
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
Zoning LARD
Interior
Heating Wall Furnace
Laundry Dryer,Washer
Building
New Construction No