Address
5847 Ernest Avenue Los Angeles, CA
Price
$ 1,450,000
Property Attributes
  • MLS#SB20226162
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90034
  • Style
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3210
  • Lot Size5,001 SqFt
Listing Provided Courtesy Of:
Brett Lyon with Lyon Stahl Investment Real Estate, Inc..
Property Description

5847 Ernest Ave is a clean 4-unit building located in the sought-after Palms/Culver community. The building was built in 1924 and consists of 3,210 SF of living space situated on a 5,000 SF lot. The property offers a great unit mix consisting of (4) 1-bed/1-bath units. The property has been well maintained and features a 2-car garage. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Located in the Palms/Culver neighborhood of Los Angeles, 5847 Ernest Ave is an excellent owner-user buy, allowing for an owner to live in one unit and enjoy the top of the market rental income from the others.

Price History
10/27/2020 Listed $1,450,000

General Features

Attached Structure Attached
Co-Listing Agent Last Name J.Woody
Co-Listing Agent Last Name Stahl
Co-Listing Agent State License # 01399621
Co-listing Agent J.Woody Stahl - BRE#01399621
Community Features Sidewalks
Directions Located on Ernest Ave
Garage Spaces 0.00
Listagentaor South Bay
Listing Agent Brett Lyon - BRE#01717818
Listing Agent State License 01717818
MLS Area C16 - Mid Los Angeles
Pool Features None
Price Per Square Foot 451.71
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Laundry Features None
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3210.00
Lot Features Landscaped
Lot Size Acres 0.1148
Lot Size Area 5000.0000
Lot Size Source Assessor
Lot Size Square Feet 5000.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90034

Price
AVG $2.56M
$1.45M
Visits
AVG 44
26
Year Built
AVG 1957
1924

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