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Sold for $1,850,000 on 09/04/24
  • $1,850,000

    2404 5th Ave, Los Angeles, CA 90018

    12beds
    6baths
    6,800sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $1,788,700 Zestimate®
    $272/sqft
    $2,639 Estimated rent

    Home value

    $1,788,700

    $1.61M - $1.99M

    $2,639/mo

    Zestimate® history
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    $11,599/mo

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    What's special

    Exceptional Investment Opportunity in Historic West Adams, Los Angeles Discover the epitome of historic charm meets modern living with this exquisite fourplex, nestled in the heart of the vibrant and sought-after West Adams neighborhood. Built in the resplendent era of 1923, this property carries a legacy filled with the ambiance of old Hollywood, ensuring the preservation of its timeless allure amidst a neighborhood where each corner resonates with history. Unit Details:The meticulously refurbished building houses four remarkable units, ensuring a blend of comfort and style. On the lower level, find two captivating 2-bedroom, 1-bath units, while the upper level unveils two generously spaced 4-bedroom, 2-bath units spread across two delightful levels. Each unit has undergone thoughtful upgrades, including new electrical and plumbing installations, coupled with tastefully renovated kitchens and bathrooms that blend seamlessly with the property's historic charm. Unique Features:An extraordinary feature of this property lies in its professional recording studio, born from the transformation of a 4-car garage. Outfitted with a live room and control room, the studio boasts sound isolation on the walls and the potential option of acquiring additional equipment and sound treatment, subject to negotiation. This space resonates with potential and versatility, ready to echo with the creative rhythms of its new owner. Outdoor Spaces:Embrace the Californian sunshine in the property's enchanting outdoor spaces. The front welcomes with a lush grassy expanse, while the private backyard reveals a charming sitting area adorned with stylish triangle-shaped shades, creating a serene oasis reserved exclusively for the owner's enjoyment. Local Amenities:Positioned amidst the flourishing scenes of West Adams Blvd, the location is a treasure trove of new high-end restaurants and chic spots that embody the resurgence of the area. With the convenience of bus stops nearby and ample street parking, accessibility is effortlessly intertwined with the property's abundant offerings. Neighborhood Appeal:Embark on a journey through time as you stroll through the beautiful historic neighborhood, safeguarded against the encroachment of large modern developments. Revel in an environment where the 1920s ambiance is lovingly preserved, ensuring the everlasting charm of a bygone era.Unlock the doors to a spectacular investment opportunity that blends substantial returns with a legacy of style and historic elegance. A rare find, this West Adams gem is a canvas of potential, awaiting the inspired vision of its new owner.

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2024 at 05:22am

    Listed by:

    Jack Bitton DRE # 01309397 310-780-8880,

    Power Brokers 424-738-5900

    Bought with:

    Anthony Gaston, DRE # 02102132

    Gaston Equities

    Source: CLAW,MLS#: 24-374771MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • Wall Electric
    Cooling
    • Air Conditioning, Wall Unit(s), Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Washer, Dryer, Range/Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Built-Ins
    • Flooring: Wood, Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 6,800
    • Total interior livable area: 6,800 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - 4+ Car
    • Has garage: Yes
    Features
    • Levels: Multi/Split
    • Stories: 3
    Lot
    • Size: 6,538 sqft
    Details
    • Additional structures: Other
    • Parcel number: 5059022015
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family
    Materials
    • Foundation: Raised
    Condition
    • Updated/Remodeled
    • Year built: 1923

    Utilities & green energy

    • Sewer: In Street
    • Water: Public

    Community & neighborhood

    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 188640

    Price history

    DateEventPrice
    9/4/2024Sold$1,850,000-2.4%$272/sqft
    Source: CLAW #24-374771
    7/28/2024Contingent$1,895,000$279/sqft
    Source: CLAW #24-374771
    4/2/2024Listed for sale$1,895,000-5.2%$279/sqft
    Source: CLAW #24-374771
    4/1/2024Listing removed--
    Source: CLAW #23-322707
    10/23/2023Listed for sale$1,999,950+220%$294/sqft
    Source: CLAW #23-322707

    Public tax history

    YearProperty taxesTax assessment
    2025$22,670 +107.9%$1,850,000 +116.6%
    2024$10,905 +1.9%$854,093 +2%
    2023$10,705 +4.7%$837,347 +2%

    Find assessor info on the county website

    Neighborhood: Jefferson Park

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,788,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,788,700