$1,199,000
For Sale by Owner $364/sq ft
Listed 1 month ago

5BR Multi-Family for Sale in Los Angeles, CA

1529 5th Ave, Los Angeles, CA 90019
5 Beds
6 Bath
3,293 sq ft
Built 1911
PropSlick Verified Data Key facts & insights for this exact address
$364
Price / sq ft
1911
Year Built
$7,989
Property Tax / yr
7,501 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1911
Square Footage3,293 sq ft
Lot Size7,501 sq ft
Annual Property Tax$7,989
Price / SqFt$364

Property Description

Five Units, Zero Guesswork! Tucked into a well loved corner of the city, this five-unit gem is the kind of property investors dream about, and tenants actually want to stay in. THREE UNITS WILL BE DELIVERED VACANT!! The mix says it all: one spacious 2 bed + den, three classic 1 bedrooms, and one cozy studio. Something for every renter, all under one roof. Step inside any unit and you'll find hardwood floors underfoot, granite countertops in every kitchen, and a full washer/dryer hookup, because nobody wants to haul laundry down the street anymore. Tankless water heaters keep things efficient, and off-street parking means no more circling the block. Every unit is separately metered for water and electricity. Tenants get their OWN DWP bills, and the OWNER PAYS EXACTLY ZERO DOLLARS FOR WATER, POWER, TRASH AND SEWER. That's real, meaningful savings, month after month. Behind the scenes, this building has been cared for the right way: all copper plumbing, all ABS waste lines, and updated electrical throughout. A back storage structure with real ADU potential, a bonus opportunity for the next owner to unlock even more value. Owner covers gas, insurance, grounds, and city registration fees, simple and straightforward. Five units. One smart investment. Endless upside. (NO BALCONIES!!)

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating
Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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