Los Angeles, CA 90032 5005 Axtell Street

5005 Axtell Street Los Angeles, CA - Image 15005 Axtell Street Los Angeles, CA - Image 25005 Axtell Street Los Angeles, CA - Image 3
10 more
5005 Axtell Street Los Angeles, CA - Image 45005 Axtell Street Los Angeles, CA - Image 55005 Axtell Street Los Angeles, CA - Image 65005 Axtell Street Los Angeles, CA - Image 75005 Axtell Street Los Angeles, CA - Image 85005 Axtell Street Los Angeles, CA - Image 95005 Axtell Street Los Angeles, CA - Image 105005 Axtell Street Los Angeles, CA - Image 115005 Axtell Street Los Angeles, CA - Image 125005 Axtell Street Los Angeles, CA - Image 135005 Axtell Street Los Angeles, CA - Image 14
Presented By: Erika Mlachak Farmer with Verde Realty, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25534969
  • 05/20/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 22
  • Baths • 12
  • SQFT • 9,312

Home Details

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!
Presented By: Erika Mlachak Farmer with Verde Realty, Inc.;

Interior Features for 5005 Axtell Street

Bedrooms

Total Bedrooms22

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2

General for 5005 Axtell Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.9
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsSouth of Huntington Dr.; North of Alhambra Ave.; East of N Eastern Ave.; West of Warwick.
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income177761.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet11345.0
Lot Size UnitsSquareFeet
MLS Area621 - El Sereno
MobileHomeRemainsYNNo
Net Operating Income117761.0
New ConstructionNo
Number Of Units Total12
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1963
ZoningLARD3

Exterior for 5005 Axtell Street

Building Area Total9312.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2604
Lot Size Area11345.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking13.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,995,000
MLS#25534969
List Date 05/20/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 5005 Axtell Street

Compare listings

Compare