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5838 Allston Street, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath

5838 Allston Street, Los Angeles, California 90022 home-pic-0
ACTIVE$1,199,000
5838 Allston Street, Los Angeles, California 90022
0Bed
0Bath
5,653Sqft
5,653Lot
Year Built
1955
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$212
HOA
-
Days on market
-
Sold On
-
MLS number
RS25172496
Home ConditionExcellent
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.20M(94th), sqft - 5653(94th), beds - undefined(50th), baths - undefined(50th).

Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area. Fenced corner lot featuring private yard space, detached garages, close to the famous citadel outlets and all major freeways. Units fully updated, custom kitchens, recessed lighting, stone bathrooms with custom tile design, so many details the owner truly didn't overlook any detail. This is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage.

Price History

Date
Event
Price
08/08/25
Listing
$1,199,000
12/31/24
Sold
$850,000
Condition Rating
Excellent
Despite being built in 1955, the property has undergone an extensive and recent renovation. The description explicitly states 'fully updated, custom kitchens, recessed lighting, stone bathrooms with custom tile design,' which is strongly supported by the images. The kitchens feature modern white shaker cabinets, quartz countertops, new black hardware, and stainless steel sinks. Bathrooms are stylish with contemporary tiling, vanities, and black fixtures. New grey-toned LVP flooring, recessed lighting, and mini-split AC units are visible throughout, indicating a comprehensive update to current quality standards. All visible components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons

Pros

Multi-Unit Income Property: This quadruplex offers four distinct units (2x 2-bed/1-bath, 2x 1-bed/1-bath), providing diversified income streams and making it an attractive investment asset.
Fully Updated Units: All units have been fully updated with custom kitchens, recessed lighting, and stone bathrooms with custom tile design, minimizing immediate renovation costs for a new owner.
Desirable Investment Area: Located in a highly desirable investment area in Los Angeles, suggesting strong rental demand and potential for property appreciation.
Excellent Tenant Amenities: Features include a fenced corner lot with private yard space, a private laundry room, separate meters, and a detached 4-car garage, enhancing tenant appeal and operational efficiency.
Strategic Location: Proximity to the famous Citadel Outlets and major freeways offers convenience for tenants and contributes to the property's overall desirability.

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-31. The sold price is $850,000.00.
Ambiguous Square Footage: The provided 'sqft' (5653) matches the 'lot_size', indicating the total living area for the four units is not specified, which is crucial for evaluating unit size and overall property value.
Age of Building (1955): Despite interior updates, the underlying structure dates back to 1955, which may lead to potential long-term maintenance issues or capital expenditures for older systems not explicitly mentioned as upgraded.
Future Listing Date Anomaly: The 'on_market_date' is listed as 2025-08-08, which is in the future, suggesting a potential data error or pre-listing status that could impact the immediate availability or validity of the listing.

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