• 2404 5th Avenue Los Angeles, CA 90018

  • $1,895,000
  • 12
    Bed(s)
  • 0
    Baths
  • 6,800
    Sq Ft
  • 6537
    Sqft
  • Listed By: Jack Bitton, Power Brokers, DRE #01309397
  • Source: CRMLS

Exceptional Investment Opportunity in Historic West Adams, Los Angeles Discover the epitome of historic charm meets modern living with this exquisite fourplex, nestled in the heart of the vibrant and sought-after West Adams neighborhood. Built in the resplendent era of 1923, this property carries a legacy filled with the ambiance of old Hollywood, ensuring the preservation of its timeless allure amidst a neighborhood where each corner resonates with history. Unit Details:The meticulously refurbished building houses four remarkable units, ensuring a blend of comfort and style. On the lower level, find two captivating 2-bedroom, 1-bath units, while the upper level unveils two generously spaced 4-bedroom, 2-bath units spread across two delightful levels. Each unit has undergone thoughtful upgrades, including new electrical and plumbing installations, coupled with tastefully renovated kitchens and bathrooms that blend seamlessly with the property's historic charm. Unique Features:An extraordinary feature of this property lies in its professional recording studio, born from the transformation of a 4-car garage. Outfitted with a live room and control room, the studio boasts sound isolation on the walls and the potential option of acquiring additional equipment and sound treatment, subject to negotiation. This space resonates with potential and versatility, ready to echo with the creative rhythms of its new owner. Outdoor Spaces:Embrace the Californian sunshine in the property's enchanting outdoor spaces. The front welcomes with a lush grassy expanse, while the private backyard reveals a charming sitting area adorned with stylish triangle-shaped shades, creating a serene oasis reserved exclusively for the owner's enjoyment. Local Amenities:Positioned amidst the flourishing scenes of West Adams Blvd, the location is a treasure trove of new high-end restaurants and chic spots that embody the resurgence of the area. With the convenience of bus stops nearby and ample street parking, accessibility is effortlessly intertwined with the property's abundant offerings. Neighborhood Appeal:Embark on a journey through time as you stroll through the beautiful historic neighborhood, safeguarded against the encroachment of large modern developments. Revel in an environment where the 1920s ambiance is lovingly preserved, ensuring the everlasting charm of a bygone era.Unlock the doors to a spectacular investment opportunity that blends substantial returns with a legacy of style and historic elegance. A rare find, this West Adams gem is a canvas of potential, awaiting the inspired vision of its new owner.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $113,201 Find Out How

Property Details

 

Bedroom Information

Total Bedrooms : 12

Bathroom Information

Total Baths: 6

Full Baths: 0

Half Baths: 0

Water/Sewer

Sewer : Other

Interior Features

Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer

Fireplace: None

Flooring: Tile,Wood

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1923

Building Area Total: 6,800

Foundation

Raised

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1501

Lot Size Source: Assessor

Lot Size Square Feet: 6537

Listing Price Information

Original List Price: 1,895,000

Listing Contract Date: 2024-04-01

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5059022015

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas,Trash Collection

Other Property Info

Source Listing Status: Active

Source Neighborhood: C16 - Mid Los Angeles

Postal Code Plus 4: 1866

Directions: North of Adams. South of 10 just East of Crenshaw

Zoning: LARD2

Source Property Type: Residential Income

Area: C16 - Mid Los Angeles

Building and Construction

Property Age: 101

Property Condition: Updated/Remodeled

Year Built Source: Vendor Enhanced

Total Square Feet Living: 6800

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1862 W 25th Street, Los Angeles, CA,90018 $685,000 3 2 2 6635 Sqft
2000 7th Avenue, Los Angeles, CA,90018 $1,000,000 4 -- 3,600 7500 Sqft
2800 Obama Boulevard, Los Angeles, CA,90018 $1,400,000 4 2 2,956 8001 Sqft
1460 W 37th Drive, Los Angeles, CA,90018 $975,000 3 1 1,339 6208 Sqft
1351 Exposition Boulevard, Los Angeles, CA,90018 $650,000 2 1 728 2061 Sqft
2021 7th Avenue, Los Angeles, CA,90018 $1,280,000 3 3 2,413 7522 Sqft
4006 W 21st Street, Los Angeles, CA,90018 $1,100,000 4 -- 2,900 6100 Sqft
2024 W 30th Street, Los Angeles, CA,90018 $899,000 3 2 1,430 5201 Sqft
3654 7th Avenue, Los Angeles, CA,90018 $949,000 3 2 1,182 6101 Sqft
3734 S Harvard Boulevard, Los Angeles, CA,90018 $999,999 2 1 2,498 6363 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/01/2024 @ 17:45

MLS: 24374771
LISTED BY: Jack Bitton, Power Brokers
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: Last chance to grab a buyers agent commission

Selling? Save $113,201 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion