Address
5847 Ernest Avenue Los Angeles, CA
Price
$ 1,395,000
Property Attributes
  • MLS#SB20226162
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90034
  • Style
  • Price$ 1,395,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size5,000 SqFt
Listing Provided Courtesy Of:
Brett Lyon with Lyon Stahl Investment Real Estate, Inc..
Data Source:
CRMLS
Property Description

5847 Ernest Ave is a well maintained 4-unit building located in the sought-after Palms/Culver community. Built in 1924, the property is comprised of (4) 1-bed/1-bath units, totaling 3,210 SF of living space on a 5,000 SF lot. Located on a quiet residential street, the property features (1) 2-car garage with ample street parking. 5847 Ernest Ave is an excellent opportunity for a potential buyer to obtain 30-year fixed residential financing while rates are at a historical low, and enjoy top of the market rental income as either an owner-user or an investor.

Price History
10/27/2020 Listed $1,450,000
2/10/2021 4% - $1,395,000

General Features

Co-Listing Agent State License # 01399621
Community Features Sidewalks
Listing Agent Brett Lyon - BRE#01717818
Listing Agent State License 01717818
MLS Area C16 - Mid Los Angeles
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Terms Cash to New Loan
Total Units 4
Zoning LARD1.5

Interior Features

Common Walls 1 Common Wall
Laundry Features None

Exterior Features

Lot Features Landscaped
Lot Size Acres 0.11
Lot Size Area 5000
Lot Size Source Assessor
Lot Size Square Feet 5000
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90034

Price
AVG $1.86M
$1.4M
Visits
AVG 55
43
Year Built
AVG 1965
1924
Walkscore
AVG 80
76
Data Provided by Walkscore ® not using MLS data

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