1121 5TH AVE
LOS ANGELES, CA 90019

$2,450,000

0 Beds

0 Baths

14,192 Sq Ft

Status Active

MLS# PW24011677

First time on the market in over 25 years. Welcome to 1121 5th Ave, Los Angeles CA 90019. This Property is absolutely stunning, and a great opportunity to enjoy passive income. In addition.. it is zoned LARD1.5, which enables the new owner to build up to 9 units and 2 ADUs ( verified with Building and Safety ) sitting on a huge lot. HOT AREA for new development opportunity in one of L.A.'s Hottest Neighborhood. Close proximity to shopping, restaurants, schools, parks, public transportation, and freeway. The Tenants are paying well below market rent.

Details for 1121 5TH AVE

$173 / Sq Ft

3 parking spaces

182 Days on website

0.3259 acres lot

Interior

Laundry Features

None

Living Area

14,192 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Triplex

Property Type

Residential Income

Year Built

1948

Exterior And Lot

Garage Spaces

Lot Features

2-5 Units/Acre

Lot Size Acres

0.3259

Lot Size Square Feet

14196

Lot Size Units

Square Feet

Parking Total

Pool Features

["None"]

Zoning

LARD1.5

Area And Schools

City

Los Angeles

Community Features

Sidewalks

County Or Parish

Los Angeles

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.