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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
    : 
    Triplex
    Built in 1948
    -- sqft lot
    $2,365,900 Zestimate®
    $525/sqft
    $-- HOA

    What's special

    Huge lot
    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.
    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#: PW25035453MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1121 5th Ave.

    Next available tour time:Tomorrow at 11am

    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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