Los Angeles, CA 90032,5005 Axtell Street
Los Angeles, CA 90032,5005 Axtell Street
Los Angeles, CA 90032,5005 Axtell Street
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$2,995,000
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9,312 SqFt
Active

5005 Axtell Street Los Angeles, CA 90032

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,312 sqft

Price per Sqft $321

MLS Listing ID CL25534969

HOA Y/N No

Year Built 1963

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Other

Property 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 Highlan

Location

State CA

County Los Angeles

Zoning LARD

Interior

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 5218011024


Bridge MLS
Listed by Erika Mlachak Farmer • Verde Realty, Inc.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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5005 Axtell Street