5323 Monte Vista Highland Park, CA 90042
Rare investment opportunity to own a multi-family home in the heart of Highland Park. Charming & updated 1908 Victorian-style two-story home consisting of four total units, with three units in the main house (two 2 bed/1 bath units & one 1 bed/1 bath unit) and one stand-alone 1 bed/1 bath unit in the back connected to a 2-car garage.
All of the units were updated in 2020 including new appliances, new countertops, new bathroom sinks & vanities, and new vinyl hardwood flooring. Each of the units feature large closets and plenty of additional storage. The stand-alone back unit includes a private outdoor space with drought tolerant landscaping. Other notable features include a sprawling front porch, upstairs balcony, gated front yard, an extra-long gated driveway, individually-metered gas & electric, and a newer 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 tremendous real estate tax savings.
Located in one of the hottest neighborhoods in Los Angeles, walkable to all the hot spots along Figueroa Street and York Blvd. Around the corner from the Metro Highland Park Gold Line station and centrally located near the 110/5/2/134 freeways. A short ride to Eagle Rock, Downtown LA, Pasadena, Dodger Stadium, the Rose Bowl, and Occidental College.