Rarely does an opportunity like this come to market. Offered for the first time ever, this exceptional 5-unit investment property showcases true pride of ownership and meticulous long-term care. Featuring four spacious 2-bedroom, 1-bath units plus a detached 3-bedroom, 2-bath rear home, the property offers a highly desirable unit mix that drives strong tenant demand and lasting stability. Zoned GLR3 with outstanding building opportunities, the property also presents the potential to add three additional units—unlocking the ability to create an eight-unit complex and significantly increase income and long-term value. This is a true turnkey asset—clean, well maintained, and already performing—featuring six garage spaces with additional rental upside and an on-site laundry room that generates steady income with room to grow. No deferred maintenance, no heavy rehab—just immediate cash flow with built-in expansion potential. Ideally located in Los Angeles’ 90032 zip code between El Sereno and Montecito Heights, tenants enjoy nearby access to Ascot Hills Park, Debs Park, local shopping along Huntington Drive and Valley Boulevard, and California State University, Los Angeles—supporting consistent and reliable rental demand. Just minutes from Downtown Los Angeles, residents are also close to world-class dining, nightlife, entertainment, and cultural destinations. Opportunities like this—first time on the market, impeccably maintained, and with this level of development upside—are extremely rare in Northeast Los Angeles. A prime chance to secure a high-performing multi-unit asset in a rapidly growing rental corridor.
155 days
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60
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2
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Zillow last checked:
Listing updated:
Listed by:
Kevin GonzalezDRE #01947721909-268-4206,
eXp Realty of Southern California Inc
Source: CRMLS,MLS#: CV26036874Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 6
Rooms
Room types: Living Room
Heating
Central, Wall Furnace
Cooling
Central Air, Wall/Window Unit(s)
Appliances
Included: Dryer, Washer
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside
Features
Flooring: Carpet, Laminate
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 5,512
Total interior livable area: 5,512 sqft
Property
Parking
Total spaces: 6
Parking features: Concrete, Door-Multi, Direct Access, Garage, Off Street, Public, Garage Faces Rear, On Street, Workshop in Garage
Garage spaces: 6
Features
Levels: Two
Stories: 2
Entry location: Front Door
Exterior features: Lighting
Pool features: None
Spa features: None
Lot
Size: 0.28 Acres
Features: 2-5 Units/Acre, Front Yard, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System
Details
Parcel number: 5219033015
Zoning: LARD1.5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes
Materials
Foundation: Raised
Condition
Updated/Remodeled,Turnkey
New construction: No
Year built: 1957
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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