$2,598,000
For Sale

5333 Monte Vista Street

Highland Park, CA 90042
3376 sqft | 9 beds | 0.16 acres | #P1-21591
Listing OfficeBerkshire Hathaway Home Servic
Browse 73 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

SAVVY TURNKEY VACANT INVESTMENT OPPORTUNITY OFFERS IMMEDIATE INCOME POTENTIAL IN THE HEART OF HIGHLAND PARK. This 9-bed, 7-bath Victorian property includes 4 SEPARATE RESIDENCES. A true labor of love, its restoration and expansion spanned over four years. Guided by the Historical Preservation Society, the property earned the esteemed MILLS ACT DESIGNATION offering impressive potential TAX BENEFITS. Comprehensive renovations include updated electrical, plumbing, HVAC, seismic retrofitting, and more. The property blends historic charm with modern sustainability, providing an energy-efficient living environment. A thoughtful expansion added two newly constructed quality residences. Whether you're an investor seeking lucrative rental income, planning for multi-generational living, have a growing family, or looking for a vibrant neighborhood near LA, this property offers broad appeal. Highland Park's urban energy and suburban charm blend the past and present seamlessly. Farmers markets, community events, and thriving arts scene define the local culture. The area buzzes with sought-after restaurants, shops, and everyday conveniences along Figueroa Blvd, the cities 'main street'. With easy access to Metro Gold-Line and major freeways, commuting is seamless. Nearby cities include Pasadena, South Pasadena, Glassell Park, Eagle Rock, Mt. Washington, and Cypress Park. With flexible living spaces, a highly desirable location, and income-producing potential, this is a cash-flow magnet.

  • Property Details
      • InteriorBuiltInFeatures, Balcony, BlockWalls, CeilingFans, EatInKitchen, InLawFloorplan, QuartzCounters, RecessedLighting, BedroomOnMainLevel, En
      • Utility FeaturesCableAvailable, ElectricityConnected, SewerConnected, WaterConnected
      • Lot DescriptionFrontYard, SprinklersOnSide, Walkstreet, Yard
      • Exterior MaterialsBalcony, Lighting, RainGutters
      • FoundationRaised, Slab
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,598,000
      • Property SubtypeQuadruplex
      • Structure TypeQuadruplex
      • Property TypePurchase
      • MLS #P1-21591
      • MLS #P1-21591
      • Cost2598000
      • Acres0.1609
      • Utility SourcePublic
      • Square Feet3376
      • Year Built1904
      • Bedrooms9
      • Half Baths3
      • 3/4 Baths3

Location

Annette CapranicaReal Estate Group
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