5040 Cavanagh Road, Los Angeles, CA 90032

$575,000 Asking Price

2 beds
1 bath
624  sqft
Built in 1927

Discover an exceptional opportunity in the highly desirable neighborhood of University Hills in East Los Angeles. This fixer-upper sits on a generous 4,813 sq ft multi-level lot, providing the perfect canvas to bring your dream home to life. With an 861 sq ft interior featuring 3 bedrooms and 1 bathroom, this property offers plenty of potential for expansion and customization. The front and back yards, dotted with mature fruit trees and boasting picturesque city and hillside views, create an inviting space for outdoor entertaining and relaxation. Imagine the possibilities of transforming this hidden gem into your ideal living space! Located in a prime location, this property offers convenient access to Cal State Los Angeles, Pasadena, Downtown LA, trendy local eateries, shopping, and major Southern California freeways. Seize this rare opportunity to invest in a property brimming with promise, in one of LAs most up-and-coming neighborhoods. Sale is subject to CA Civil Code 2924m/o.

Features & Amenities

Interior

Laundry:
Kitchen
Flooring:
Carpet,Tile
A/C:
N/K
Heating:
Wall/Gravity
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR1, 5223005008
View:
Mountains/Hills,Neighborhood,City Lights

Utilities

Utilities:
Electricity Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Engel & Voelkers Newport Beach, Amy Hlad

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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