5005 Axtell Street, Los Angeles, CA 90032
  • MLS#: 25534969 ( )
  • Street Address: 5005 Axtell Street
  • Viewed: 6
  • Price: $2,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90032
  • Provided by: Verde Realty, Inc.
  • Contact: Erika Erika
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Seize this outstanding investment opportunity! Whether you're aiming to broaden your portfolio or enhance your returns, 5005 Axtell provides the ideal combination of immediate stability and future growth potential. This 12 unit multifamily asset, situated in the strategically located El Sereno submarket of Los Angeles, appeals to real estate investors who prioritize numbers and act on opportunities. Featuring both solid existing rents and clear value add potential with a unit mix of one studio, one one bedroom, and ten two bedrooms, this offers a rare mix of stability and scalability with a distinct path to increased cash flow. The added advantage? Buildable space with the possibility of adding units without needing to purchase additional land. This isn't merely an acquisition; it's a chance for expansion. Increase income. Enhance NOI. Maximize returns. With the potential to construct four additional ADUs on site, you can significantly boost both unit count and revenue, all within the same footprint. Another key highlight: a newer roof. For investors focused on reliable cash flow today and substantial upside tomorrow, this is a perfectly aligned opportunity. Conveniently located near shopping and dining on Huntington Drive and with easy access to DTLA, South Pasadena, and Highland Park, this area is primed for development. Take the next step toward securing your future and building your portfolio! Contact us today to discover how 5005 Axtell can enhance your investment strategy!
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Features
Building Area Total
  1. 9312.00
Cooling
  1. None
Country
  1. US
Laundry Features
  1. Community
  2. Individual Room
Laundry Income
  1. 977.00
Levels
  1. Two
Netoperatingincome
  1. 117761.00
Parcel Number
  1. 5218011024
Parking Features
  1. Assigned
Pool Features
  1. None
Sourcesystemkey
  1. 25534969:CLAW
Spa Features
  1. None
Totalexpenses
  1. 60000.00
Year Built
  1. 1963
Zoning
  1. LARD3