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$ 1,350,000
Est. payment /mo
New
5411 Newtonia Los Angeles, CA 90032
4 Beds
4 Baths
6,761 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26086612
Bedrooms 4
Lot Size 6,761 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunityfind another like it, you wont. Ideal for 1031, reverse 1031, downsizers, or first-time investors. An income property offering a level of flexibility thats increasingly hard to find in Los Angeles. This is a rare opportunity in El Sereno where youre not inheriting someone elses numbersyoure creating your own. Thoughtfully laid out with a standalone home on one end and a fourplex at the other, the property features a spacious central parking area that naturally separates the structures, enhancing privacy and functionality. The detached home has been fully reimagined with new flooring, plumbing, electrical, windows, cabinetry, and modern finishes throughout. A brand-new deck adds to the appealperfect for morning coffee or relaxed evenings. Delivered ready to move in and turnkey, it offers immediate flexibility for an owner-user or premium rental potential. The fourplex provides a balance of current income and strong upside. With two rent-ready units available, buyers have a rare opportunity to lease at todays market rents rather than being locked into legacy leasescreating immediate value and long-term growth potential. Located in the heart of El Serenoone of Northeast LAs steadily rising neighborhoods youre minutes from Highland Park, South Pasadena, and Alhambra, with convenient access to Downtown LA and major freeways. Nearby highlights include California State University, Los Angeles, Ascot Hills Park, Elephant Hill, and Ernest E. Debs Regional Park. Known for its rolling hills, views, and strong neighborhood identity, El Sereno continues to attract buyers
Location
State CA
County Los Angeles
Zoning Assessor
Direction Huntington Dr N, Left on Maycrest Ave, Left on Newtonia Dr
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5309020001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://my.matterport.com/show/?m=NgtgQzsKms5
Listed by Camilo Valentin, DRE#01333528 Red House Realty, Inc
NEARBY SCHOOL & BUSINESS