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5005 Axtell St, Los Angeles, CA 90032

List Price: $2,995,000On Market FlagOn market
May 20, 20259,312 sqft22 beds12 baths
Listed by: Erika Mlachak Farmer
License #: 01777303
Phone #: 310-740-5815
Verde Realty, Inc.
Source:
CRMLS Logo
MLS #: 25534969

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!
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,328

TurboHome Estimated Value

$2,875,100

$309 sqft

High Valuation
$3,018,855
$324/sqft
Normal Valuation
$2,875,100
$309/sqft
Low Valuation
$2,731,345
$293/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$309/sqft$2,875,100

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