Properties

Los Angeles, CA 90041 5231 Loleta Avenue

5231 Loleta Avenue Los Angeles, CA - Image 15231 Loleta Avenue Los Angeles, CA - Image 25231 Loleta Avenue Los Angeles, CA - Image 3
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Presented By: Brad Keyes with Keyes Real Estate;
  • MLS# 26645073
  • 01/29/2026
  • Get pre-approved
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  • Beds • 5
  • Baths • 1
  • SQFT • 2,653
  • Garage • 2

Home Details

Traditional charm meets contemporary design in this exceptional owner-user and/or investment opportunity, ideally located in the highly sought-after "north of Colorado Boulevard" enclave of Eagle Rock. Set on an expansive flat lot nearly 11,000 square feet, the property features three standalone units, each offering privacy, flexibility, and long-term upside.The charming 2-bedroom, 1-bath front residence showcases a decorative fireplace, hardwood floors, original built-ins, a dedicated laundry room, a welcoming front porch, and a sun-filled dining area with French doors. A detached two-car garage sits at the end of a long driveway, providing ample on-site parking. Toward the rear of the property are two additional standalone residences: a cozy 1-bedroom, 1-bath bungalow with hardwood floors and in-unit laundry, and a recently completed new-construction ADU built by local builder Opus Builders, Inc. The ADU offers 2 bedrooms and 1 bathroom, soaring 10-foot ceilings, new wood flooring throughout, and a modern kitchen equipped with stainless steel Fisher & Paykel appliances. This unit also features a private grassy outdoor area, ideal for relaxing or entertaining. All units are on month-to-month leases, creating an exceptional opportunity for an owner-user or investor to maximize flexibility and future potential. Further enhancing the value, plans for an additional fourth unit are available and may be delivered should the buyer desire, offering a compelling path to increased density and long-term returns. Located moments from award-winning Dahlia Heights Elementary and the vibrant shops, dining, and amenities along Colorado Boulevard. This is a rare chance to own a versatile, well-located property in one of Eagle Rock's most coveted neighborhoods.
Presented By: Brad Keyes with Keyes Real Estate;

Interior Features for 5231 Loleta Avenue

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3

Other Interior Features

LivingAreaSourcePlans
Air Conditioning Y/NYes
Common WallsNo Common Walls
Heating Y/NYes
Total Stories

General for 5231 Loleta Avenue

AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Cap Rate5.93
CityLos Angeles
CoolingElectric
CountyLos Angeles
DirectionsLoleta Avenue, north of Colorado Boulevard.
DisclosuresRent Control
Full Baths
Garage Spaces2
Garage Y/NYes
Gross Income144000
HOANo
HeatingElectric, Wall Furnace
LevelsOne
Living Area2653
Lot Size Square Feet10987
Lot Size UnitsSquare Feet
MLS Area618 - Eagle Rock
Net Operating Income100800
New ConstructionNo
Number Of Units Total3
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Year Built2024
Year Built SourceBuilder
ZoningLAR1

Exterior for 5231 Loleta Avenue

Building Area Total2653
Lot Size Acres0.2522
Lot Size Area10987
Lot Size SourceAssessor
Number of Buildings3
Private PoolNo
SpaNo
Total Parking2

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,499,999
MLS#26645073
List Date 01/29/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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