5231 Loleta Avenue
Los Angeles, CA, 90041 $ 1,699,999
Baths0.0 Sq 2,653 Monthly Estimate*
$ 10,467
Studio for $1,699,999. This 2,653 square foot home was built in 2024 on a lot size of 0.25.
Traditional charm meets contemporary design in this exceptional owner-user and/or investment opportunity, ideally located in the highly sought-after "north of Colorado Boulevard" enclave of Eagle Rock. Set on an expansive, newly landscaped, flat lot of nearly 11,000 square feet, the property features three standalone units, each offering privacy, flexibility, and long-term upside.The charming 2-bedroom, 1-bath front residence showcases a decorative fireplace, hardwood floors, original built-ins, a dedicated laundry room, a welcoming front porch, and a sun-filled dining area with French doors. A detached two-car garage sits at the end of a long driveway, providing ample on-site parking.T oward the rear of the property are two additional standalone residences: a cozy 1-bedroom, 1-bath bungalow with hardwood floors and in-unit laundry, and a recently completed new-construction ADU built by local builder Opus Builders, Inc. The ADU offers 2 bedrooms and 1 bathroom, soaring 10-foot ceilings, new wood flooring throughout, and a modern kitchen equipped with stainless steel Fisher & Paykel appliances. This unit also features a private grassy outdoor area, ideal for relaxing or entertaining. All units are on month-to-month leases, creating an exceptional opportunity for an owner-user or investor to maximize flexibility and future potential. Further enhancing the value, plans for an additional fourth unit are available and may be delivered should the buyer desire, offering a compelling path to increased density and long-term returns. Located moments from award-winning Dahlia Heights Elementary and the vibrant shops, dining, and amenities along Colorado Boulevard. This is a rare chance to own a versatile, well-located property in one of Eagle Rock's most coveted neighborhoods.
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FeaturesGeneralLiving Area 2653.0
Heating Wall Furnace
Cooling Electric
Zoning LAR1
Architectural Style Traditional
Year Built 2024
Levels One
County Los Angeles
Net Operating Income 100800.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area 618 - Eagle Rock
Lot Size Units Square Feet
Lot Size Square Feet 10987.0
Property Attached Y/N No
Structure Type None
Standard Status Active
Year Built Source Builder
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InteriorKitchen Appliances Disposal Dishwasher Refrigerator
Fireplace Features Electric
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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ExteriorLot Size Area 10987.0
Spa No
Pool Y/N? No
Building Area Total 2653.0
Lot Size Acres 0.25
Land Lease Type Fee
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $10,467
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,894,530
Percent of Sale Price 11%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/29/2026 | $1,699,999 | | Listed Price |