Los Angeles, CA 90034,5826 5828 ERNEST AVE
Los Angeles, CA 90034,5826 5828 ERNEST AVE,Video Tour
Los Angeles, CA 90034,5826 5828 ERNEST AVE
39
$1,200,000
$1,149,500
4.4%
Est.Price: ?

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5,000 Sqft Lot

5826 5828 ERNEST AVE Los Angeles, CA 90034

Est. payment /mo
SOLD DATE : 08/01/2022

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22158699

Sold Date 08/01/22

HOA Y/N No

Year Built 1924

Lot Size 5,000 Sqft

Property Description

We are proud to present 5826 Ernest Ave. This DUPLEX features two extra large 2 bedroom 1 bathroom apartments and a convenient central location, just a stones throw away from all the best that Culver City Arts District and West Adams has to offer. Not only does this property have amazing proximity to great shopping and restaurants but is also close to the Culver City metro and freeways. One of the two units will be delivered vacant, making this a perfect "owner user" opportunity. Live in one unit and use the rent from the current tenant to offset your mortgage! There is also an amazing value add opportunity by turning the existing 2 car garage (also delivered vacant) into an ADU. According to previous investigations there can be up to 2 ADU's on the property. This would allow you to have 4 units paying rent and increase your cash flow exponentially! (Please do your own due diligence in regards to the building of ADU structures on the property. Broker makes no guarantees). Contact the Listing Agents with any additional questions. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Garage Driveway

Building

Story 2

Architectural Style Mediterranean

New Construction No

Others

Senior Community No

Tax ID 5065019009

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Derek Reilly • KW Advisors
Bought with Mark Alan Walker • Nourmand & Associates-HW

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Angel Lopez

Broker | License ID: 01847165

+1(760) 468-3733

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