$1,380,000 Price Analysis 1407 5th AveLos Angeles, CA 90019 6 bed 4 bath 2,509 SqFt ($550/SqFt) 7,501SqFt lot. Built 1910 Listed 2024-03-28, Taxes $13,194 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This exceptional 2-unit income property offers a rare opportunity to own in one of LA's most desirable areas. Investors and owner-users will discover a potential value-add opportunity to add Accessory Dwelling Unit (ADU) at the rear of the property on this large 7, 500SF lot that is currently being underutilized. Situated in the heart of Mid-City, adjacent to the sought-after residential neighborhoods of Lafayette Square and Country Club Park, this property boasts easy access to the I-10 and I-110 freeways, as well as convenient proximity to public transportation, making commuting a breeze.
Just minutes away from bustling Koreatown, residents will find themselves surrounded by an abundance of amenities including top-notch dining, entertinment, shopping centers and more. Property is fully occupied and will be delivered with tenants.
Presented by Susan Lau at
Coldwell Banker Realty.
Property MLS #24-373547 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $267,946 + $824,453 $1,092,399 | $13,194 |
2021 | $262,693 + $808,288 $1,070,981 | $13,026 |
2020 | $206,727 + $229,698 $436,425 | $5,674 |
2019 | $202,674 + $225,195 $427,869 | $5,461 |
2018 | $198,700 + $220,780 $419,480 | $5,318 |
2017 | $194,804 + $216,451 $411,255 | $5,207 |
2016 | $190,985 + $212,207 $403,192 | $5,069 |
2015 | $188,117 + $209,020 $397,137 | $4,997 |
2014 | $184,433 + $204,926 $389,359 | $5,027 |
2013 | $183,600 + $204,000 $387,600 | $5,022 |
2012 | $244,144 + $665,851 $909,995 | $11,796 |
2010 | $239,357 + $652,796 $892,153 | $11,543 |
2009 | $238,134 + $649,458 $887,592 | $11,119 |
2009 | $237,569 + $647,918 $885,487 | $11,119 |
2008 | $233,465 + $636,724 $870,189 | $10,639 |
2007 | $228,888 + $624,240 $853,128 | $10,291 |
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.