new - 3 days on rocket

5005 Ellenwood Dr, Eagle Rock, CA, 90041

$1,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5005 Ellenwood Dr, Los Angeles$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage, Gravel, Uncovered
Garage3 spaces
Year Built1925
HeatingDuctless, Forced Air
CoolingDuctless, Other, Wall/Window Unit(s)
FireplaceNone
ViewMountain(s)
MLS #P1-19917
Lot Size0.21 Acres
StatusActive

About 5005 Ellenwood Dr

An incredible Tri-plex investment opportunity awaits! Located in the heart of NE LA's Eagle Rock community and first time on the market in about 61 years, this privately owned property features a side-by-side Duplex and a 3rd unit above a large 3-car garage on a spacious 9,225 sq ft lot. All three units have gone through renovations with updates including new paint, updated electrical, copper plumbing, newer roofs, tankless water heaters and refinished original wood or new wood-like flooring. The duplex units each feature 2 beds/1 baths with original wood floors, a set-in breakfast nook area in the kitchens, individual laundry rooms and high efficiency mini-split A/C & Heating wall units. Above the garage is the 1 bed/1 bath unit featuring a newly remodeled bathroom, new paint, and new wood-like flooring. The 3-car garage boasts a 1/2 bath and has plenty of room for cars/personal items or can potentially be converted into a 4th unit to maximize your investment! The best part, all 3 units are delivered vacant for your earnings potential, with additional space for added parking just behind the garage. Conveniently located just two blocks south of Colorado Blvd with close proximity to shops, restaurants, places of worship and minutes from Occidental College. It's a perfect opportunity for anyone seeking multi-unit investing and living in a desirable Eagle Rock neighborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (626) 449-5222
  • Listing Agent: Paul Villegas

Interior Features

Interior Information:

  • Appliances: Convection Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
  • Flooring Type: See Remarks, Tile, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Balcony

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage, Gravel, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Forced Air
  • Cooling: Ductless, Other, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Two blocks south of Colorado Blvd on Ellenwood Dr. Corner of Ellenwood Dr and Loy Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5005 Ellenwood Dr vs Los Angeles

3 DAYS ON ROCKET

-35 Days

$1,295,000

+$271.5K More

KEY TAKEAWAY

This property is $271.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-19917

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (626) 449-5222
  • Listing Agent: Paul Villegas

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$6,531

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-307837
7
/10

  • Eagle Rock Elementary & Magnet Center

  • 2057 Fair Park Ave

  • 0.30 miles

  • Public District Grades KG-6

school-card-donut-307838
8
/10

  • Delevan Drive Elementary

  • 4168 W Avenue 42

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-307839
7
/10

  • Glenoaks Elementary School

  • 2015 E Glenoaks Blvd

  • 1.00 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,158. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90041›5005 Ellenwood Dr

This home is located at 5005 Ellenwood Dr in Eagle Rock, CA and zip code 90041 in the Northeast LA neighborhood. This home, which was built in 1925, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,295,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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