Eagle Rock, CA 90041,5005 Ellenwood Drive

$1,520,000

$1,295,000

17.4%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

9,225 Sqft Lot


SOLD DATE : 12/27/2024

Key Details

Sold Price $1,520,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-19917

Sold Date 12/27/24

Bedrooms 5

HOA Y/N No

Lot Size 9,225 Sqft

Property Description

An incredible Tri-plex investment opportunity awaits! Located in the heart of NE LA's Eagle Rock community and first time on the market in about 61 years, this privately owned property features a side-by-side Duplex and a 3rd unit above a large 3-car garage on a spacious 9,225 sq ft lot. All three units have gone through renovations with updates including new paint, updated electrical, copper plumbing, newer roofs, tankless water heaters and refinished original wood or new wood-like flooring. The duplex units each feature 2 beds/1 baths with original wood floors, a set-in breakfast nook area in the kitchens, individual laundry rooms and high efficiency mini-split A/C & Heating wall units. Above the garage is the 1 bed/1 bath unit featuring a newly remodeled bathroom, new paint, and new wood-like flooring. The 3-car garage boasts a 1/2 bath and has plenty of room for cars/personal items or can potentially be converted into a 4th unit to maximize your investment! The best part, all 3 units are delivered vacant for your earnings potential, with additional space for added parking just behind the garage. Conveniently located just two blocks south of Colorado Blvd with close proximity to shops, restaurants, places of worship and minutes from Occidental College. It's a perfect opportunity for anyone seeking multi-unit investing and living in a desirable Eagle Rock neighborhood.
An incredible Tri-plex investment opportunity awaits! Located in the heart of NE LA's Eagle Rock community and first time on the market in about 61 years, this privately owned property features a side-by-side Duplex and a 3rd unit above a large 3-car garage on a spacious 9,225 sq ft lot. All three units have gone through renovations with updates including new paint, updated electrical, copper plumbing, newer roofs, tankless water heaters and refinished original wood or new wood-like flooring. The duplex units each feature 2 beds/1 baths with original wood floors, a set-in breakfast nook area in the kitchens, individual laundry rooms and high efficiency mini-split A/C & Heating wall units. Above the garage is the 1 bed/1 bath unit featuring a newly remodeled bathroom, new paint, and new wood-like flooring. The 3-car garage boasts a 1/2 bath and has plenty of room for cars/personal items or can potentially be converted into a 4th unit to maximize your investment! The best part, all 3 units are delivered vacant for your earnings potential, with additional space for added parking just behind the garage. Conveniently located just two blocks south of Colorado Blvd with close proximity to shops, restaurants, places of worship and minutes from Occidental College. It's a perfect opportunity for anyone seeking multi-unit investing and living in a desirable Eagle Rock neighborhood.

Location

State CA

County Los Angeles

Area Los Angeles (90041)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Curbs, Sidewalks

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Paul Villegas • Coldwell Banker Realty
Bought with San Diego
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