$1,295,000
Pending

5005 Ellenwood Drive

Eagle Rock, CA 90041
Listing OfficeColdwell Banker Realty
Browse 47 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionSprinklersNone
      • SubdivisionNot Applicable
      • InteriorWalkInClosets
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,295,000
      • ViewMountains
      • MLS #P1-19917
      • MLS #P1-19917
      • Exterior MaterialsBalcony
      • Cost1295000
      • Property SubtypeTriplex
      • Acres0.2118
      • Utility SourcePublic
      • Year Built1925
      • Parking Spaces3

Location

Nicole StoberReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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