1407 5th Avenue Los Angeles, CA ^$ 1,380,000

1407 5th Avenue

^$ 1,380,000

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1407 5th Avenue

Los Angeles, CA, 90019

^$ 1,380,000

Studio Baths0.0 Sq 2,509

Monthly Estimate*

^$ 9,640

1407 5th Avenue, Los Angeles, CA 90019 - Image 1

1407 5th Avenue, Los Angeles, CA 90019 - Image 2

1407 5th Avenue, Los Angeles, CA 90019 - Image 3

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1407 5th Avenue, Los Angeles, CA 90019 - Image 11

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,380,000. This 2,509 square foot home was built in 1910 on a lot size of 0.17.

Craftsman-style duplex nestled in the vibrant and up-and-coming Arlington Heights neighborhood of 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, entertainment, shopping centers, and more. Property is fully occupied and will be delivered with tenants.

Multi-Family Active

Price

^$ 1,380,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024373547

Features

General

Zoning LARD2

Security Features Smoke Detector(s) Window Bars Gated Community Carbon Monoxide Detector(s)

Year Built 1910

Levels Two

County Los Angeles

Net Operating Income 51572.0

Insurance Expense 5000.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction East

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 7501.0

Street Name 5th

Water Sewer Expense 5824.0

Structure Type None

Standard Status Active

Year Built Source Assessor

Taxes 17250.0

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered None Side by Side

Lot Features Front Yard

Lot Size Area 7501.0

Spa No

Pool Y/N? No

Building Area Total 2509.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Common Walls No Common Walls

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Susan Lau

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$9,640

Per Month

Monthly Principal & Interest: $9,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,624

Percent of Sale Price 44%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$1,380,000		Listed Price

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1407 5th Avenue, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,380,000 with 2,509 sqft and a lot size of 0.17. 1407 5th Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/4/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1407 5th Avenue

Multi-Family Home for sale in Los Angeles, CA

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