Jonathan Taksa
This listing was posted on RealtyWW.
$4,949,000
Home For Sale In Los Angeles, California
Price:
$4,949,000
BR/BA:
10+ BR, 10+ BA
Location:
5314 Loma Linda Ave, Los Angeles, CA
Description:
We are pleased to offer for sale incredible multifamily assets located at 5314 and 5322 Loma Linda Avenue in the beautiful enclave of Los Feliz. Originally built in 1939 and 1940, the side by side French Normandy properties exemplify the character and charm of 1930's and early 1940's LA. The properties, each with their own APN, consist of very large 1, 2 and 3 bedroom units each offering a terrific spacious floor plan flooded with natural light. Beautifully set around a meticulously landscaped central courtyard, the buildings offer the astute investor with a quintessential value-add opportunity. Apartments feature beautiful hardwood floors, crown moldings, vintage tile work, and outdoor patio space (select units). As current rents hover around $2.31/SF, there is significant rental upside through a comprehensive renovation program as units turn. Additionally, there is ample on-site parking with no soft story retrofit required (Buyer to verify). 5314 and 5322 Loma Linda Avenue are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles. MUST BE PURCHASED TOGETHER WITH PROPERTY NEXT DOOR LOCATED AT 5322 LOMA LINDA AVENUE (7 UNITS ON MLS).For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69103574
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale at 5314 Loma Linda Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5314 Loma Linda Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale at 5314 Loma Linda Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5314 Loma Linda Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale in Los Angeles CA.