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

Bedrooms6 Baths4.0 Sq 2,509

Monthly Estimate*

^$ 9,640

Listed by Coldwell Banker Realty

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

1407 5th Avenue, Los Angeles, CA 90019 - Image 4

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

1407 5th Avenue, Los Angeles, CA 90019 - Image 6

1407 5th Avenue, Los Angeles, CA 90019 - Image 7

1407 5th Avenue, Los Angeles, CA 90019 - Image 8

1407 5th Avenue, Los Angeles, CA 90019 - Image 9

1407 5th Avenue, Los Angeles, CA 90019 - Image 10

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

Multi-Family Home for sale in Los Angeles, CA

for $1,380,000 with 6 bedrooms and 4 full baths. This 2,509 square foot home was built in 1910 on a lot size of 0.1722.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24373547

Days on Market

Features

General

Zoning LARD2

Pool Features None

Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors WindowBars

Year Built 1910

Stories 2

Levels Two

Gross Income 73572.0

Community Features Gated

County Los Angeles

Net Operating Income 51572.0

Insurance Expense 5000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction East

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On 5th Ave. between Pico Blvd. & 15th St.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 7501.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 5th

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Water Sewer Expense 5824.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Taxes 17250.0

Exterior

Parking Features SideBySide Uncovered

Lot Features FrontYard

Total Parking 5.0

Lot Size Area 7501.0

Number of Buildings 1

Spa N

Building Area Total 2509.0

Lot Size Acres 0.1722

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 1407

* Excluded Features

List By

Coldwell Banker Realty

Broker

(310) 979-3960

Phone

Affordability Calculator

$9,640

Per Month

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

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,006,100

Percent of Sale Price 45%

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.

273443 Elementary School

272636 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 0.1722. 1407 5th Avenue has 6 bedrooms, 4.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1407 5th Avenue

Multi-Family Home for sale in Los Angeles, CA

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