First time on the market in over 25 years. Welcome to 1121 5th Ave, Los Angeles CA 90019. This Property is absolutely stunning, and a great opportunity to enjoy passive income. In addition.. it is zoned LARD1.5, which enables the new owner to build up to 9 units and 2 ADUs ( verified with Building and Safety ) sitting on a huge lot. HOT AREA for new development opportunity in one of L.A.'s Hottest Neighborhood. Close proximity to shopping, restaurants, schools, parks, public transportation, and freeway. The Tenants are paying well below market rent.
For sale
Listing Provided by:
Alan Cruz DRE #01518829 661-932-5117,
Equity Smart Real Estate Services
$2,450,000
1121 5th Ave, Los Angeles, CA 90019
--beds
--baths
4,669sqft
Est.:
Triplex
Built in 1948
-- sqft lot
$2,365,900 Zestimate®
$525/sqft
$-- HOA
What's special
Huge lot
- 68 days
- on Zillow |
- 38 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 21, 2025 at 07:01am
Listing Provided by:
Alan Cruz DRE #01518829 661-932-5117,
Equity Smart Real Estate Services
Source: CRMLS,MLS#: PW25035453
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Rooms
- Room types: Bedroom
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- All Bedrooms Up
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,669
- Total interior livable area: 4,669 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Entry location: main street
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 5081009014
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Features: Biking, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $411,666
- Annual tax amount: $5,782
- Date on market: 2/20/2025
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Road surface type: Paved
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