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

6beds

3baths

4,669sqft

Est.:

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.

293 days

46

0

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Up

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: $419,899
Annual tax amount: $5,811
Date on market: 2/20/2025
Cumulative days on market: 293 days
Listing terms: Cash,Conventional,1031 Exchange,FHA
Road surface type: Paved

Estimated market value

$2,365,900

$2.25M - $2.48M

$2,973/mo

Price history

Date	Event	Price
2/20/2025	Listed for sale	$2,450,000$525/sqft
Source: CRMLS #PW25035453 Report a problem
2/15/2025	Listing removed	$2,450,000$525/sqft
Source: Bakersfield AOR #202412767 Report a problem
12/26/2024	Listed for sale	$2,450,000+880%$525/sqft
Source: Bakersfield AOR #202412767 Report a problem
3/31/1995	Sold	$250,000+38.9%$54/sqft
Source: Public Record Report a problem
11/14/1994	Sold	$180,000$39/sqft
Source: Public Record Report a problem