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5337 Allan Street, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath

5337 Allan Street, Los Angeles, California 90032 home-pic-0
ACTIVE$1,300,000
5337 Allan Street, Los Angeles, California 90032
2Beds
1Bath
648Sqft
9,787Lot
Year Built
1961
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$2,006
HOA
-
Days on market
-
Sold On
-
MLS number
AR24235850
Home ConditionFair
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.30M(92th), sqft - 648(4th), beds - 2(38th), baths - 1(38th).

PLS DRIVE-BY ONLY - OFFER SUBJECT TO INSPECTION. DO NOT WALK IN DRIVEWAY. This is a perfect opportunity to have a home + 4 units in front to support your mortgage. Separate unit in rear of property with its own backyard & 2-car garage; you can create your own private space. Parking between units may be a future ADU for more income - buyer to verify with city. Or have your extended family close by & occupy the apartments if desired with common laundry room. Conveniently located near 10/710 freeways, DTLA, Cal State Univ LA & Alhambra shopping center on Fremont Ave. Upgrades include copper plumbing, roof replaced 2006. Located in quiet neighborhood. Address is 5335-5337 Allan St.

Price History

Date
Event
Price
06/12/25
Sold
$990,000
Condition Rating
Fair
The property was built in 1961. The description mentions upgrades including copper plumbing and a roof replaced in 2006. The images show an aged property with some deferred maintenance. The kitchen and bathroom appear functional but outdated. Overall, the property requires minor updates or repairs.
Pros & Cons

Pros

Income Potential: The property includes a home plus four additional units, offering significant income potential to offset mortgage costs.
ADU Potential: Parking area between units presents a future ADU opportunity, subject to city verification, for increased income.
Convenient Location: Located near the 10/710 freeways, DTLA, Cal State LA, and Alhambra shopping, providing easy access to amenities and transportation.

Cons

Drive-by Only: Offers are subject to inspection, with only drive-by viewings allowed initially, potentially hindering thorough assessment.
Unknown Condition: The property's condition is largely unknown due to limited viewing options, potentially leading to unexpected repair costs.

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