1121 5th AVE, Los Angeles, CA 90019
1121 5th AVE, Los Angeles, CA 90019
1121 5th AVE, Los Angeles, CA 90019
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Elvida Salazar

Elvida Salazar

+1(760) 801-9758
$2,450,000
Est. payment /mo
0.33 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25035453

HOA Y/N No

Year Built 1948

Lot Size 0.326 Acres

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD1.5

Interior

Interior Features All Bedrooms Up

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Street Lights, Sidewalks

Utilities Available None

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5081009014

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Alan Cruz Equity Smart Real Estate Services 661-932-5117, DRE #01518829

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Elvida Salazar

Elvida Salazar

+1(760) 801-9758

Realtor® | Property Management Specialist License ID: DRE# 01775858

Realtor® | Property Management Specialist License ID: DRE# 01775858

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