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 03/19/2024 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.


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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 . Almost all errands require a car according to the % walkscore.