5353 Oakland St - Apartments FOR SALE


Los Angeles, CA 90032- Monterey Hills
$2,200,000 USD
833-832-6770
5353 Oakland St, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/22
null | 5.39% Cap Rate

5353 Oakland St
Los Angeles, CA 90032
Monterey Hills


OVERVIEW

A rare blend of vintage character and modern construction awaits at 5353-5355 Oakland St in the heart of Monterey Hills El Sereno. This five-unit, apartment community features two detached buildings constructed in 1926 and 2022 situated on approximately 5,253 square feet of land in Los Angeles, CA 90032. The property includes a charming two-bedroom single-family residence of approximately 985 square feet alongside a newly built four-unit apartment building offering two one-bedroom units of approximately 814 square feet each, two two-bedroom units of approximately 1,042 square feet, and a spacious three-bedroom unit of approximately 1,598 square feet. High-end finishes elevate the asset, including in-unit laundry, stainless steel appliances, hardwood flooring, and expansive balconies and patios with panoramic Los Angeles views. All units are market rate with no affordable housing restrictions, and the property is complemented by approximately 11 on-site parking spaces with convenient access from both the front and rear.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$382 USD /SF

# OF UNITS

5

PRICE/UNIT

$440,000

CAP RATE

5.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5353-5355 Oakland St Los Angeles CA 90032

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,614 SF

ZONING

RD1.5-1

APN/PARCEL ID

5219-003-023

ASK ABOUT THIS PROPERTY

Maria SarmientoKeller Williams RealtyMore Info
833-832-6770

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Maria SarmientoKeller Williams RealtyMore Info
833-832-6770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.