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5133 Baltimore Street, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

5133 Baltimore Street, Los Angeles, California 90042 home-pic-0
ACTIVE$799,900
5133 Baltimore Street, Los Angeles, California 90042
0Bed
0Bath
1,800Sqft
4,802Lot
Year Built
1939
Close
-
List price
$800K
Original List price
$870K
Price/Sqft
$444
HOA
-
Days on market
-
Sold On
-
MLS number
GD25148432
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $799.9K(8th), sqft - 1800(50th), beds - undefined(50th), baths - undefined(50th).

Great opportunity for investors and/or owner occupied buyers!!! This Property features 3 units, each offering 1 bedroom and 1 bath with long term tenants in a month to month lease agreements. One parking space per unit in the back. Located in the upcoming and vibrant Highland Park area with proximity to local amenities and transportation. Whether you're looking to expand your portfolio or generate rental income or you would live in one or two units and rent the other(s), this property presents a strong opportunity for savvy investors or home owners. Don't miss out this chance to own a potential lucrative investment property in the Highland Park area of Los Angeles.

Price History

Date
Event
Price
10/15/09
Sold
$325,000
Condition Rating
Fair
The property was built in 1939. The exterior image shows a building that appears aged. It's a triplex, so kitchens and bathrooms are likely basic and may be outdated. It probably requires some updates, but it's been maintained.
Pros & Cons

Pros

Income Potential: Property features three units, providing immediate rental income.
Location: Located in the vibrant and upcoming Highland Park area of Los Angeles.
Investment Opportunity: Ideal for investors seeking to expand their portfolio or generate rental income.
Flexible Use: Suitable for owner-occupants looking to live in one or two units and rent out the others.
Transportation Access: Proximity to local amenities and transportation options.

Cons

Month-to-Month Leases: Existing tenants are on month-to-month leases, potentially leading to tenant turnover.
Parking Limitations: Only one parking space per unit, which may be insufficient for some tenants.
Year Built: Built in 1939, the property may require updates or renovations to meet modern standards.

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