5333 Monte Vista ST Open House Save Request In-Person Tour Request Virtual Tour
Highland Park,CA 90042
OPEN HOUSE
Sat Apr 26, 2:00pm - 4:00pm Sun Apr 27, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21667
Year Built 1904
Lot Size 7,008 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Rooms
Other Rooms Guest House Detached,Guest House
Interior
Flooring Tile,Wood
Fireplaces Type Dining Room,Living Room
Laundry Common Area,Stacked
Exterior
Exterior Feature Balcony,Lighting,Rain Gutters
Pool None
Community Features Biking,Curbs,Park,Storm Drain(s),Sidewalks
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description Front Yard,Sprinklers On Side,Walkstreet,Yard
Story Two
Foundation Raised,Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://storybookviewer.com/80651-102289