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5005 Axtell St

Los Angeles, CA 90032
  • $2,995,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 25534969
UPDATED: 14 min ago
$2,995,000
  • 22
    BEDS
  • 0.26
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 9,312
    SQFT
  • $322
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

Seize this outstanding investment opportunity! Whether you're aiming to broaden your portfolio or enhance your returns, 5005 Axtell provides the ideal combination of immediate stability and future growth potential. This 12-unit multifamily asset, situated in the strategically located El Sereno submarket of Los Angeles, appeals to real estate investors who prioritize numbers and act on opportunities. Featuring both solid existing rents and clear value-add potential with a unit mix of one studio, one one-bedroom, and ten two-bedrooms, this offers a rare mix of stability and scalability with a distinct path to increased cash flow. The added advantage? Buildable space with the possibility of adding units without needing to purchase additional land. This isn't merely an acquisition; it's a chance for expansion. Increase income. Enhance NOI. Maximize returns. With the potential to construct four additional ADUs on-site, you can significantly boost both unit count and revenue, all within the same footprint. Another key highlight: a newer roof. For investors focused on reliable cash flow today and substantial upside tomorrow, this is a perfectly aligned opportunity. Conveniently located near shopping and dining on Huntington Drive and with easy access to DTLA, South Pasadena, and Highland Park, this area is primed for development. Take the next step toward securing your future and building your portfolio! Contact us today to discover how 5005 Axtell can enhance your investment strategy!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T13:42:50.273. 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. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164022354
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5005 Axtell St Los Angeles, CA 90032

  • Price: $2,995,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 14 min ago
  • MLS #: 25534969
22
Beds
12
Baths
0
½ Baths
0.26
Acres
9,312
SQFT
$322
$/SQFT
1963
Built
Neighborhood:
El Sereno
County:
Los Angeles
Area:
El Sereno
Property Description
Seize this outstanding investment opportunity! Whether you're aiming to broaden your portfolio or enhance your returns, 5005 Axtell provides the ideal combination of immediate stability and future growth potential. This 12-unit multifamily asset, situated in the strategically located El Sereno submarket of Los Angeles, appeals to real estate investors who prioritize numbers and act on opportunities. Featuring both solid existing rents and clear value-add potential with a unit mix of one studio, one one-bedroom, and ten two-bedrooms, this offers a rare mix of stability and scalability with a distinct path to increased cash flow. The added advantage? Buildable space with the possibility of adding units without needing to purchase additional land. This isn't merely an acquisition; it's a chance for expansion. Increase income. Enhance NOI. Maximize returns. With the potential to construct four additional ADUs on-site, you can significantly boost both unit count and revenue, all within the same footprint. Another key highlight: a newer roof. For investors focused on reliable cash flow today and substantial upside tomorrow, this is a perfectly aligned opportunity. Conveniently located near shopping and dining on Huntington Drive and with easy access to DTLA, South Pasadena, and Highland Park, this area is primed for development. Take the next step toward securing your future and building your portfolio! Contact us today to discover how 5005 Axtell can enhance your investment strategy!
Exterior Features

Cross Streets Axtell St. between Pueblo Ave. and Portola Ave. Levels Two Lot Size Area 11345 Other Structures None Parking Garage Assigned Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Total Parking 13

Interior Features

Common Walls Attached Cooling None Equipment None Heating Wall Gas Laundry CommunityRoom Laundry Equipment Lease

Property Features

Assessed Total Value 2959274 Disclosures Rent ControlOther Gross Income 177761 Gross Operating Income 177761 Like Units1 1 Like Units2 1 Like Units3 10 Net Operating Income 117761.00 Number Of Buildings 1 Number Of Units 12 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 60000 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning LARD3

Listing provided courtesy of Erika Mlachak Farmer DRE#01777303 of Verde Realty, Inc.: 310-740-5815.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T13:42:50.273. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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The Sandi Phillips Team | Compass
74199 El Paseo, Suite 200
Palm Desert CA, 92260