1642 5th Ave Los Angeles, CA $ 1,995,000
1642 5th Ave
$ 1,995,000
New Construction
Open House 4/28 10am - 3:30pm
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1642 5th Ave

Los Angeles, CA, 90019
$ 1,995,000
Bedrooms3 Baths2.0 Sq 3,166

Monthly Estimate*

$ 13,936

Listed by Alta Mira Realty, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $1,995,000 with 3 bedrooms and 2 full baths. This 3,166 square foot home was built in 1921 on a lot size of 0.1607.

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 meticulous design, catering to the demands of contemporary living. Endless possibilities await: reside in the primary 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.

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Open House

4/28/2024 10:00 AM - 3:30 PM
1642 5th Ave Los Angeles, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,995,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

SingleFamilyResidence

Lot Size

0.1607

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24029145

Days on Market

51

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities None
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1921
View Neighborhood
Stories 1
Levels One
Property SubType SingleFamilyResidence
Gross Income 130176.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 103814.0
Operating Expense 26362.0
Insurance Expense 1300.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Take W Washington Blvd to 5th Ave
City Los Angeles
Entry Location Front
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 5.0
Total Units 3
MLS Area C18 - Hancock Park-Wilshire
Lot Size Square Feet 7002.0
Private Pool N
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Street Name 5th Ave
Listing Terms Cash Conventional Item1031Exchange FHA
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 108.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 51
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 16
Virtual Tour https://youtu.be/gJnIL70TvBo
Property Sub Type Additional SingleFamilyResidence
Expected Active Date 2024-03-08
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Exterior
Parking Features Assigned
Lot Features Item01UnitAcre
Water Source Public
Total Parking 6.0
Lot Size Area 7002.0
Number of Buildings 2
Spa N
Building Area Total 3166.0
Lot Dimensions 50' x 140'
Lot Size Acres 0.1607
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features LivingRoom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1642
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* Excluded Features
List By
Alta Mira Realty, Inc.

Broker

(949) 252-9999

Phone

Affordability Calculator

$13,936
Per Month
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Monthly Principal & Interest
$13,936
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2024$1,995,000 Listed Price

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1642 5th Ave, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,995,000 with 3,166 sqft and a lot size of 0.1607. 1642 5th Ave has 3 bedrooms, 2.0 baths, and was built in 1921. The property's zip code is 90019 which is in Los Angeles, CA