5317 Templeton Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

5317 Templeton Street, Los Angeles, California 90032 home-pic-0
ACTIVE$865,000
5317 Templeton Street, Los Angeles, California 90032
0Bed
0Bath
7,279Sqft
7,279Lot
Year Built
1953
Close
-
List price
$865K
Original List price
$885K
Price/Sqft
$119
HOA
-
Days on market
-
Sold On
-
MLS number
WS25043879
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $865.0K(50th), sqft - 7279(92th), beds - undefined(50th), baths - undefined(50th).

Welcome to this exceptional two-on-a-lot property, perfectly situated in a thriving and rapidly evolving neighborhood, just minutes from coffee shops, markets, freeway entrances, Downtown LA, and Pasadena. This unique opportunity offers two separate homes, each with its own distinct features and private outdoor spaces. Potential for an ADU or build more units as the property adjacent. Front House: This charming two-bedroom, one-bath unit welcomes you with a beautifully fenced front yard that wraps around the property, offering a sense of privacy and security. The home features a cozy living space with window AC units for comfort. The bathroom includes a relaxing tub, and the dedicated laundry room adds convenience. Additional storage is located on the side of the house. Enjoy the ease of driveway parking adjacent to the property, along with a private backyard ideal for outdoor gatherings or relaxation. Back House: The spacious three bedroom 1bath back unit boasts an open and airy layout with an ample kitchen and living room, perfect for comfortable living. It includes its own laundry area, central heating, and air conditioning for year-round comfort. Recent upgrades enhance the home’s appeal, including a new roof, laminate flooring, and recently installed carpet. The property also features a vast backyard, ideal for outdoor activities and gardening. A driveway provides convenient parking, while the garage is currently used as additional storage space. Both homes have received thoughtful updates, ensuring modern comfort and functionality. This property offers a unique investment opportunity or the perfect setup for multi-generational living. Don’t miss out on this rare find in an upcoming and vibrant community. Schedule your private tour today!

Price History

Date
Event
Price
04/04/01
Sold
$160,000
Condition Rating
Fair

Built in 1953, the property shows a mix of recent updates and outdated features. The back house benefits from a new roof, laminate flooring, new carpet, and central HVAC, which are positive. However, the front house still relies on less efficient window AC units, and the visible bathroom (likely from the front unit) is significantly dated with worn flooring and basic fixtures. While functional and maintained, the property requires minor updates, especially in the bathrooms and the front unit's cooling system, to meet modern aesthetic and comfort standards.
Pros & Cons

Pros

Dual Income/Multi-Generational Living: The property features two separate homes on one lot, offering significant potential for rental income or accommodating multi-generational families with distinct living spaces.
Development Potential: There is explicit potential for adding an Accessory Dwelling Unit (ADU) or building more units, indicating future value appreciation and increased income opportunities.
Prime Location & Connectivity: Strategically located in a thriving and evolving neighborhood, minutes from essential amenities like coffee shops, markets, freeway entrances, Downtown LA, and Pasadena.
Recent Upgrades & Modern Comforts: The back house boasts recent upgrades including a new roof, laminate flooring, carpet, and central heating/AC, while both homes have received thoughtful updates ensuring modern functionality.
Private Outdoor Spaces & Parking: Both units benefit from their own private outdoor spaces (fenced front yard, private backyard, vast backyard) and convenient driveway parking, enhancing privacy and appeal.

Cons

Inconsistent Cooling Systems: The front house relies on less efficient window AC units for cooling, contrasting with the back house's central air conditioning, which could be a drawback for comfort and energy efficiency in one unit.
Garage Usage: The garage is currently utilized as additional storage space rather than dedicated parking, which may require conversion or modification if a buyer desires covered parking or an ADU conversion.
Age of Property (Potential for Unseen Issues): Built in 1953, despite mentioned updates, the property's age could imply older underlying infrastructure (e.g., plumbing, electrical) that may not have been fully upgraded and could require future investment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state