5919 Great Oak Circle

Los Angeles, CA 90042
$1,425,000
Courtesy of Berkshire Hathaway Home Servic

Description

Step into this unique investment opportunity in the coveted Highland Park neighborhood with 5919 & 5921 Great Oak Circle. Nestled on a charming, tree-lined street, this duplex offers significant upside potential for owner occupant buyers and investors. The front unit features two bedrooms, two bathrooms, a spacious living room, a dedicated dining area, and an open-concept kitchen, providing a comfortable and functional living space. The back unit is situated above the garage, this unit boasts two bedrooms and one bathroom, complemented by city and mountain views. Below, you'll find a versatile full-structure currently utilized as a workshop, office, and storage space, complete with a quarter-bathroom. The property includes a generously sized front yard and a backyard with a designated BBQ area, ideal for entertaining. Laundry area is located on the side of the property. Additional features: Recessed style lighting, a long driveway, and gated access. The water meter includes a sub-meter, adding to the property's versatility. This property presents numerous opportunities for enhancement, whether through upgrading existing units or exploring the potential for adding an additional unit or Accessory Dwelling Unit (ADU)--subject to buyer investigation and local regulations.Prime location situated close to major freeways, DTLA, Eagle Rock, and Pasadena, this property offers easy access to a vibrant array of shops, dining options on the trendy York Avenue, and much more. Don't miss this chance to secure a property with exceptional growth potential in one of Highland Park's most desirable areas.
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  • Property Details
    • Property
      • Lot description:BackYard, SprinklersInRear, SprinklersInFront, Lawn
    • Measurements
      • Acres:0.1221
    • Parking
      • Parking spaces:1
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1924
    • Material information
      • Foundation:Raised
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Not Applicable
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 650, 000
  • Other
    • Source
      • MLS #:P1-19121

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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