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5 Beds
3 Baths
2,653 sqft

$1,499,999

5231 Loleta Avenue, Los Angeles CA, 90041

Price per sqft$565.40
Built in2024
Property size2,653 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Jan 29, 2026

Updated Apr 10

Traditional charm meets contemporary design in this exceptional owner-user and/or investment opportunity, ideally located in the highly sought-after "north of Colorado Boulevard" enclave of Eagle Rock. Set on an expansive flat lot nearly 11,000 square feet, the property features three standalone units, each offering privacy, flexibility, and long-term upside.The charming 2-bedroom, 1-bath front residence showcases a decorative fireplace, hardwood floors, original built-ins, a dedicated laundry room, a welcoming front porch, and a sun-filled dining area with French doors. A detached two-car garage sits at the end of a long driveway, providing ample on-site parking. Toward the rear of the property are two additional standalone residences: a cozy 1-bedroom, 1-bath bungalow with hardwood floors and in-unit laundry, and a recently completed new-construction ADU built by local builder Opus Builders, Inc. The ADU offers 2 bedrooms and 1 bathroom, soaring 10-foot ceilings, new wood flooring throughout, and a modern kitchen equipped with stainless steel Fisher & Paykel appliances. This unit also features a private grassy outdoor area, ideal for relaxing or entertaining. All units are on month-to-month leases, creating an exceptional opportunity for an owner-user or investor to maximize flexibility and future potential. Further enhancing the value, plans for an additional fourth unit are available and may be delivered should the buyer desire, offering a compelling path to increased density and long-term returns. Located moments from award-winning Dahlia Heights Elementary and the vibrant shops, dining, and amenities along Colorado Boulevard. This is a rare chance to own a versatile, well-located property in one of Eagle Rock's most coveted neighborhoods.

$9,980/mo

Est. mortgage payment based on a $1,499,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26645073

Interior Features

Bedrooms
5
Bathrooms
3

Exterior Features

Lot Size
0.25 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Keyes Real Estate, Brad Keyes

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

 

Data last updated 6:20 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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