$2,450,000 Price Analysis   ♡   Los Angeles, CA 90019 7 bed 2 bath 14,192 SqFt ($172/SqFt) 0.33 acre lot. Built 1948 Listed 2024-01-19, Taxes $5,457 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 tremendous 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, resturants, schools, parks, public transportation and freeway. The Tenants are paying well below market rent.
Presented by Alan Cruz at
Equity Smart Re Services.
Property MLS #PW24011677 from CRMLS
Lot Size Acres: 0.3259
Lot Size Source: Assessor
Lot Size Square Feet: 14196
Parking Total: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2500.00
Area: C18 - Hancock Park-Wilshire
Source Neighborhood: C18 - Hancock Park-Wilshire
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5081009014
Postal Code Plus 4: 3439
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $158,269 + $237,413 $395,682 | $5,457 |
| 2021 | $155,166 + $232,758 $387,924 | $5,365 |
| 2020 | $153,575 + $230,372 $383,947 | $5,407 |
| 2019 | $150,564 + $225,855 $376,419 | $5,221 |
| 2018 | $147,612 + $221,427 $369,039 | $4,961 |
| 2017 | $144,718 + $217,086 $361,804 | $4,864 |
| 2016 | $141,881 + $212,830 $354,711 | $4,705 |
| 2015 | $139,750 + $209,634 $349,384 | $4,642 |
| 2014 | $137,013 + $205,528 $342,541 | $4,679 |
| 2013 | $136,394 + $204,600 $340,994 | $4,673 |
| 2012 | $133,720 + $200,589 $334,309 | $4,732 |
| 2010 | $131,099 + $196,656 $327,755 | $4,662 |
| 2009 | $130,430 + $195,651 $326,081 | $4,496 |
| 2009 | $130,120 + $195,187 $325,307 | $4,496 |
| 2008 | $127,873 + $191,815 $319,688 | $4,322 |
| 2007 | $125,366 + $188,054 $313,420 | $4,170 |
$2,450,000
CRMLS
Listing removed 2023-02-07
$0
CRMLS
Listed 2022-11-27
$2,500,000
CRMLS
Sold 1995-03-31
$250,000
Public Record
Sold 1986-07-18
$200,000
Public Record
Sold 1980-08-27
$60,000
Public Record
Year Built: 1948
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Street
Property Age: 76
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor
Water Source: Public
Map directions Map directions Map directions Map directions
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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.