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El Sereno, CA 90032,5125 Oakland ST
El Sereno, CA 90032,5125 Oakland ST
El Sereno, CA 90032,5125 Oakland ST
$1,190,000
Est. payment /mo
$1,295,000
8.1%
Est.Price: ?

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7,039 Sqft Lot
SOLD DATE : 09/17/2024

Key Details

Sold Price $1,190,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24077930

Year Built 1916

Lot Size 7,039 Sqft

Property Description

4-unit were added and completed in 1988, attached to the original house. Original house is a 2-bedroom 1 bath front unit, built in 1916. Located in the high demand rental area of El Sereno. Excellent unit mix with (1) 2 bedrooms, 1 bath; (3) 2 bedrooms 1.5 baths & (1) 3 bedrooms, 1.75 bath. Energy star roof with a 30-yr warranty was installed in June 2022. 4 units' water heaters were replaced within the past 4 years. Each unit has 2 parking spaces on site. Individual gas and electrical meter. Tenant pays for all utilities including electricity, gas and trash, except water. El Sereno is an upcoming city, adjacent to Alhambra, Highland Park, S. Pasadena. 10-15 Minutes drive to Costco, Home Depot, USC and Cal State L.A. Walkable score at 95. Lots of upside rent potential for new owner. Carport area might be used to convert into additional unit or ADU. Buyer to check and verify the possibilities, details and requirements with the City. All rents are current, no behind payment. Only approximately $303/sq.ft. We will have exterior painting or Seller to credit $10000 towards buyer's closing cost upon request.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD3

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Building

Lot Description Rectangular Lot, Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by TALIA LAI • Pinnacle Real Estate Group • 626-926-0236
Bought with Jenny Ngu • Standard Prosperity
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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