5831 Ernest Ave
Los Angeles, CA 90034
Sold for $1,745,000
Beds: 8 Baths: 5 Structure Size: 3,516 sqft Lot Size: 5,000 sqft
| MLS | 17228888 |
| Year Built | 1952 |
| Property Type | Residential Income |
| Property Subtype | MultiFamily |
| County | Los Angeles |
| Status | Sold |
| Sold | $1,745,000 |
| Structure Size | 3,516 sqft |
| Lot Size | 5,000 sqft |
| Beds | 8 |
| Baths | 5 |
Description
Here's a fantastic opportunity to own an extremely well maintained, 5-unit income property with low maintenance costs and significant potential revenue growth. This apartment building is in a great location; within minutes of the Culver City arts district, the Metro Expo Line, shops and restaurants. It is also in an economically vibrant area; in close proximity to several large employers including Kaiser and Sony Pictures. Consisting of three 2-bedroom, 1 bath units and two 1 bedroom, 1 bath units. It is fully occupied. The property includes a newer roof, updated windows, copper plumbing and several of the units have been remodeled. All seismic retrofitting as required by the City of Los Angeles has been completed. Don’t miss out! This property won’t last!
Listing information courtesy of: Jim Malmberg, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 10/31/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Location
Listed By
DRE #01873088
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