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Listed by Alan Cruz • Equity Smart Real Estate Services
$2,450,000
Est. payment /mo
4,669 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,669 sqft
Price per Sqft $524
MLS Listing ID PW-25035453
Year Built 1948
Lot Size 0.326 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Zoning LARD1.5
Interior
Heating Central
Flooring Wood
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 3.0
Pool None
Community Features Biking, Sidewalks, Street Lights
Utilities Available None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900