5323 MONTE VISTA HIGHLAND PARK, CA 90042
- Represented the Seller
- Representing the Buyer
Rare investment opportunity to own a multi-family home (to be delivered vacant) in the heart of Highland Park.This charming and updated 1908 Craftsman-style 2-story home consists of 3 units in the main house (two 2 bed/ 1 bath units & one 1 bed/1 bath unit) with a 4th stand-alone 2 bed/1 bath unit in the back connected to a 2-car garage. Other notable features include a sprawling front porch, upstairs balcony, gated front yard, an extra-long gated driveway, individually-metered gas and electric, and a brand new electrical panel. As a contributing member to the local Historic Preservation Opportunity Zone (HPOZ), this property may be eligible for Mills Tax Act status, providing you with tremendous real estate tax savings to skyrocket any investors return on investment.
This property is located in one of the hottest neighborhoods in Los Angeles and is walkable to all the hot spots along Figueroa Street and trendy York Boulevard. A half mile walk to the Metro Highland Park Gold Line station & centrally located near the 110/5/2/134 freeways. A short ride to Eagle Rock, Mt. Washington, Garvanza, Downtown LA, Pasadena, Dodger Stadium, Rose Bowl Stadium, & Occidental College.