• 1221 5th Avenue #3 Los Angeles, CA 90019

  • $1,499,999
  • 0
    Bed(s)
  • 0
    Baths
  • 4,004
    Sq Ft
  • 7802
    Sqft
  • Listed By: Mike Enriquez, The CSSA Group, DRE #02041748
  • Source: CRMLS

Introducing a rare investment opportunity in the heart of Los Angeles, this quadraplex property at 1221 5th Ave, Los Angeles, CA 90019, offers a blend of urban and city living with a classic charm. Boasting four individual units, each unit provides comfort and functionality, this property is ideal for savvy investors seeking rental income. With each unit having 1 bedroom, 1 den (large size, no closet) and 1 bathroom with the rear of the building having multiple parking spots for each tenant. The well-maintained exterior showcases the timeless architecture of the area, while the interiors feature standard amenities. Conveniently located near shopping, dining, and entertainment, this quadraplex provides residents with easy access to the vibrant and colorful lifestyle of Los Angeles. Don't miss the chance to own this income-generating gem in a prime location.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1055227033 1 1 1 0
2 1055227033 1 1 1 0
3 1055227033 1 1 1 0
4 1055227033 1 1 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Fireplace: Dining Room,Family Room

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Natural Gas

Has Heating

Fireplace

Fireplace Features: Dining Room,Family Room

Has Fireplace: 1

Building Information

Year Built: 1921

Building Area Total: 4,004

Accessibility Features

Parking,See Remarks

Pool Features

None

Laundry Features

See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1791

Lot Size Source: Assessor

Lot Size Square Feet: 7802

Listing Price Information

Original List Price: 1,499,999

Listing Contract Date: 2024-01-11

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5081008002

Garage and Parking

Garage Description: Driveway,Gated,Private,One Space,See Remarks,Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Gas,See Remarks

Other Property Info

Source Listing Status: Active

Source Neighborhood: C17 - Mid-Wilshire

Postal Code Plus 4: 3457

Directions: Olympic and Crenshaw

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C17 - Mid-Wilshire

Property SubType: Quadruplex

Building and Construction

Property Age: 103

Common Walls: 1 Common Wall

Structure Type: Quadruplex

Year Built Source: Public Records

Entry Level: 1

Entry Location: Front or Rear

Property Attached: Yes

Levels or Stories: Two,Multi/Split

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 05/07/2024 @ 03:51

MLS: SR24004569
LISTED BY: Mike Enriquez, The CSSA Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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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