Listed by Red House Realty, Inc
$1,350,000
5411 Newtonia
Details
APN 5309020001
Property Type Multifamily
Sub Type Apartment Building
Units 5
Buildings 2
Acreage 0.155
Zoning Assessor
Multifamily | 5 Units
Marketing description
Rare opportunityfind another like it, you wont. 5 units with 3 VACANCIES, including the main house pictured here. Ideal for 1031, reverse 1031, downsizers, or first-time investors. An income property offering a level of flexibility thats increasingly hard to find in Los Angeles. This is a rare opportunity in El Sereno where youre not inheriting someone elses numbersyoure creating your own. Thoughtfully laid out with a standalone home on one end and a fourplex at the other, the property features a spacious central parking area that naturally separates the structures, enhancing privacy and functionality. The detached home has been fully reimagined with new flooring, plumbing, electrical, windows, cabinetry, and modern finishes throughout. A brand-new deck adds to the appealperfect for morning coffee or relaxed evenings. Delivered ready to move in and turnkey, it offers immediate flexibility for an owner-user or premium rental potential. The fourplex provides a balance of current income and strong upside. With two rent-ready units available, buyers have a rare opportunity to lease at todays market rents rather than being locked into legacy leasescreating immediate value and long-term growth potential. Located in the heart of El Serenoone of Northeast LAs steadily rising neighborhoods youre minutes from Highland Park, South Pasadena, and Alhambra, with convenient access to Downtown LA and major freeways. Nearby highlights include California State University, Los Angeles, Ascot Hills Park, Elephant Hill, and Ernest E. Debs Regional Park. Known for its rolling hills, views, and s
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Listed by Red House Realty, Inc
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