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$ 1,199,000
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1529 5th AVE Los Angeles, CA 90019
5 Beds
5 Baths
3,293 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,293 sqft
Price per Sqft $364
MLS Listing ID 26868043
Bedrooms 5
HOA Y/N No
Year Built 1911
Lot Size 7,501 Sqft
Property Description
Five Units, Zero Guesswork! Tucked into a well loved corner of the city, this five-unit gem is the kind of property investors dream about, and tenants actually want to stay in. The mix says it all: one spacious 2 bed + den, three classic 1 bedrooms, and one cozy studio. Something for every renter, all under one roof. Step inside any unit and you'll find hardwood floors underfoot, granite countertops in every kitchen, and a full washer/dryer hookup, because nobody wants to haul laundry down the street anymore. Tankless water heaters keep things efficient, and off-street parking means no more circling the block. Every unit is separately metered for water and electricity. Tenants get their OWN DWP bills, and the OWNER PAYS EXACTLY ZERO DOLLARS FOR WATER, POWER, TRASH AND SEWER. That's real, meaningful savings, month after month. Behind the scenes, this building has been cared for the right way: all copper plumbing, all ABS waste lines, and updated electrical throughout. A back storage structure with real ADU potential, a bonus opportunity for the next owner to unlock even more value. Owner covers gas, insurance, grounds, and city registration fees, simple and straightforward. Five units. One smart investment. Endless upside. (NO BALCONIES!!)
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Rooms
Other Rooms Shed(s)
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Appliance Gas Oven
Laundry Stacked
Exterior
Parking Features None
Pool None
Roof Type Composition,Shingle
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5072019007
Special Listing Condition Standard
Listed by David Rosenfeld Advantage Real Estate #01109090
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