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$1,899,600   Price Analysis
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1642 5th Ave
Los Angeles, CA 90019
8 bed 7 bath 3,166 SqFt ($600/SqFt)
7,002SqFt lot. Built 1921
Listed 2024-03-09, Taxes $8,854
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

1642 5th Ave seamlessly intertwines historical allure with contemporary luxury

Creating an enchanting residence. This exceptional property harmoniously blends the charm of yesteryear with the sophistication of modern living. Discover a fully renovated standalone single-family home featuring 3 beds, 2 baths and a welcoming fireplace in the living room, all within a thoughtfully designed 1, 314 sqft. Beyond the main dwelling, at the rear of the property, you'll find two exquisite additions: a 3 beds, 3 baths unit spanning 1, 125 sqft and an ADU offering 2 beds and 2baths covering 727 sqft. Both units exhibit mticulous design, catering to the demands of contemporary living.

Endless possibilities await: reside in the primar y residence while leasing out the additional units for a luxurious lifestyle accompanied by an additional income stream. Alternatively, capitalize on the property's potential for multiple income-generating opportunities. Perfect for multi-generational living or hosting guests with privacy and style, this property offers diverse options. Nestled in the heart of Los Angeles, this residence provides the epitome of city living. Revel in proximity to renowned dining, entertainment and cultural hubs. Effortlessly access major highways and public transportation for convenient commuting. Local parks, schools and shopping centers enhance the overall vibrancy and convenience of this dynamic neighborhood. Embrace the opportunity to own a piece of history with all the modern conveniences seamlessly integrated.


Presented by Sean Parsa at
Alta Mira Realty, Inc.


Property MLS #PW24048177 from CRMLS

Bedrooms: 8
Bedrooms On Main Level: 1

Total Bathrooms: 7
Full Bathrooms: 7
Bathrooms On Main Level: 1

All Bedrooms Up

Laundry Features: Gas Dryer Hookup, Washer Hookup

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes

Carport Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 6
Uncovered Spaces: 5.00

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1607438
Lot Size Dimensions: 50' x 140'
Lot Size Source: Assessor
Lot Size Square Feet: 7002

View: Neighborhood

Number of Units: 3

School District: Los Angeles Unified

Carson-Gore Academy Of Enviornmental Studies is a public elementary school located approximately 0.3 miles away.
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Pio Pico Middle School is a public middle school located approximately 0.4 miles away.
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Los Angeles Senior High School is a public high school located approximately 1.1 miles away.
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Spirit Child Development Center is a private elementary school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: Take W Washington Blvd to 5th Ave
Source Property Type: Residential
Area: C18 - Hancock Park-Wilshire
Source Neighborhood: C18 - Hancock Park-Wilshire
Parcel Number: 5072023016
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$145,309 + $581,239
$726,548
$8,854
2021$142,460 + $569,843
$712,303
$8,744
2020$141,000 + $564,000
$705,000
$8,831
2019$17,331 + $25,247
$42,578
$7,634
2018$16,992 + $24,752
$41,744
$634
2017$16,659 + $24,267
$40,926
$624
2016$16,333 + $23,792
$40,125
$594
2015$16,088 + $23,435
$39,523
$587
2014$15,773 + $22,976
$38,749
$600
2013$15,702 + $22,873
$38,575
$594
2012$15,395 + $22,425
$37,820
$599
2010$15,094 + $21,986
$37,080
$601
2009$15,018 + $21,874
$36,892
$577
2009$14,982 + $21,822
$36,804
$577
2008$14,724 + $21,446
$36,170
$560
2007$14,436 + $21,026
$35,462
$538

Price Changed 2024-05-17
$1,899,600
CRMLS
Price Changed 2024-05-17
$1,899,600
CRMLS
Listed 2024-03-09
$1,995,000
CRMLS
Listed 2024-03-09
$1,995,000
CRMLS
Sold 2019-07-09
$705,000
CRMLS
Listed 2019-04-08
$765,000
CRMLS

Total Square Feet Living: 3166
Year Built: 1921
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Living Area Source: Assessor
Property Age: 103
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.