• 1407 5th Avenue Los Angeles, CA 90019

  • $1,380,000
  • 6
    Bed(s)
  • 0
    Baths
  • 2,509
    Sq Ft
  • 7501
    Sqft
  • Listed By: Susan Lau, Coldwell Banker Realty, DRE #01516710
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Building Information

Year Built: 1910

Building Area Total: 2,509

Security Features

Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1722

Lot Size Source: Assessor

Lot Size Square Feet: 7501

Listing Price Information

Original List Price: 1,380,000

Listing Contract Date: 2024-03-27

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5072018012

Garage and Parking

Garage Description: Side By Side,Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C16 - Mid Los Angeles

Postal Code Plus 4: 3415

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

Zoning: LARD2

Source Property Type: Residential Income

Area: C16 - Mid Los Angeles

Building and Construction

Property Age: 114

Common Walls: No Common Walls

Year Built Source: Assessor

Total Square Feet Living: 2509

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3617 W Venice Boulevard, Los Angeles, CA,90019 $15,950,000 56 -- 27,448 15952 Sqft
1714 S Marvin Avenue, Los Angeles, CA,90019 $1,189,000 4 3 1,708 6662 Sqft
4516 St Charles Place, Los Angeles, CA,90019 $1,210,000 5 -- 3,097 7013 Sqft
1269 S Citrus Avenue #8, Los Angeles, CA,90019 $2,895 2 1 -- 6501 Sqft
4620 Pickford Street, Los Angeles, CA,90019 $950,000 3 1 1,632 5503 Sqft
1612 S Sierra Bonita Av.., Los Angeles, CA,90019 $1,650,000 3 3 2,506 5652 Sqft
1385 1385-87 S Orange D.., Los Angeles, CA,90019 $1,195,000 4 -- 2,285 6218 Sqft
1415 S St Andrews Place, Los Angeles, CA,90019 $2,799,000 12 -- 9,268 13166 Sqft
1325 S Mansfield Avenue, Los Angeles, CA,90019 $1,475,000 4 -- 3,087 6905 Sqft
1089 S Orange Drive, Los Angeles, CA,90019 $1,595,000 6 -- 3,696 9497 Sqft

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ByOwner last updated this listing 05/17/2024 @ 01:57

MLS: 24373547
LISTED BY: Susan Lau, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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