Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,470 sqft

Lot size

2,750 sqft

Year built

2005

Stories

0

Style

Traditional

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

23

MLS #

245583056

About this property

Back on the market in El Sereno: a 2005-built, two-unit property at 5370 Poplar Blvd, offered at $799,000. Each unit runs about 1,235 square feet with three bedrooms and two baths roughly 2,470 total square feet. One unit has been fully remodeled and sits vacant today, ready for a buyer to move in.Live in one unit and let the second help carry the mortgage, or hold both for rental income. Two three-bedroom units on a single lot is uncommon at this price point, and it works just as well for extended families who want separate front doors within walking distance of each other. For investors, the math holds from either direction strong rents on both sides, with room to grow as rents in this pocket continue to climb.Minutes from Highland Park, South Pasadena, and Pasadena, and close enough to Alhambra to walk the border. New coffee shops and restaurants keep filling in along the Huntington Blvd corridor nearby. Low-maintenance stucco construction, built 2005 a straightforward income property in a neighborhood that's still filling in around it.

Location

5370 Poplar Boulevard

Los Angeles, Los Angeles, CA, 90032