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


Property Facts
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 10/18/2019 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


Zillow Estimate & Walkscore

$1,930,784

With a range from $1,737,706 to $2,162,478

Very Walkable

76%

Comparable Properties

Zillow estimate looks at for-sale or recently sold homes with similar features to this home


Schools & Neighborhood Info for 5831 Ernest Ave

School Name, Grade Levels, Rating, & Distance

Play Mountain Place
0.24 mi

Private
K-6

Marvin Elementary School
0.48 mi

Public
K-5

Echo Horizon School
0.52 mi

Private
PK-6

Shenandoah Street Elementary School
0.78 mi

Public
K-5

Turning Point School
0.87 mi

Private
PK-8

Crescent Heights Boulevard Elementary School
0.89 mi

Public
K-5

Alpha Pre & Elementary School
0.89 mi

Private
PK-5

New Los Angeles Elementary School
0.94 mi

Charter
K-5

The Willows Community School
0.94 mi

Private
PK-8

Cheder Menachem School
0.99 mi

Private
K-8
School Name, Grade Levels, Rating, & Distance

Los Angeles Center For Enriched Studies
0.64 mi

Public
6-12

Turning Point School
0.87 mi

Private
PK-8

The Willows Community School
0.94 mi

Private
PK-8

Cheder Menachem School
0.99 mi

Private
K-8

New Los Angeles Charter School
0.99 mi

Charter
6-8

Park Century School
1.03 mi

Private
1-8

Park Century School
1.03 mi

Private
2-8

Stella Middle Charter Academy
1.19 mi

Charter
5-8

Darko La
1.34 mi

Private
K-8

Star Prep Academy
1.35 mi

Private
6-12
School Name, Grade Levels, Rating, & Distance

Los Angeles Center For Enriched Studies
0.64 mi

Public
6-12

Academy of Science and Engineering
0.87 mi

Private
10-12

Alexander Hamilton Senior High School
0.98 mi

Public
9-12

Cheviot Hills Continuation School
1.13 mi

Public
9-12

Mesivta Birkas Yitzchok
1.23 mi

Private
9-12

Yeshiva of Los Angeles Girls High School
1.28 mi

Private
9-12

Yeshiva Of Los Angeles Girls High School
1.3 mi

Private
9-12

Star Prep Academy
1.35 mi

Private
6-12

Little Lamb-Lamb of God Christian School
1.43 mi

Private
10-12

Ateret Israel High School
1.47 mi

Private
9-12
See More Schools in Los Angeles

Similar Listings Nearby

5831 Ernest Ave, Los Angeles, CA 90034 is a 3,516 sqft multifamily that was built in 1952 with a lot size of 5,000 sqft featuring 8 beds and 5 baths . This property is very walkable! Most errands can be accomplished by foot according to the 76% walkscore. Nearby schools include: Play Mountain Place, Marvin Elementary School, Echo Horizon School, Los Angeles Center For Enriched Studies, Shenandoah Street Elementary School, Turning Point School, Academy Of Science And Engineering, Crescent Heights Boulevard Elementary School, Alpha Pre & Elementary School, New Los Angeles Elementary School, The Willows Community School, Alexander Hamilton Senior High School, Cheder Menachem School, New Los Angeles Charter School, Baldwin Hills Elementary School, Park Century School, Park Century School, Cienega Elementary School, Cheviot Hills Continuation School, Stella Middle Charter Academy.