$1,380,000
Active
51 Days Online
6 Beds4 Baths2,509 SQFT
Active

1407 5th Avenue Los Angeles, CA 90019

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive
  • MLS ID Number24373547
  • Home Size Source Assessor
  • Year Built1910
  • Lot Size0.1722 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking UncoveredSide by Side
  • Parking Spaces 5
  • Number of Stories 22
  • Acreage 0.1722
  • Security Gated CommunitySmoke Detector(s)Carbon Monoxide Detector(s)Window Bars
  • Zoning LARD2
  • Listing Conditions Standard
  • Direction Faces East

Exterior Features

  • Spa No
  • Pool Features None
  • Spa Features None
  • Lot Front Yard

Community Features

  • Senior Community No
  • MLS Area C16 - Mid Los Angeles
  • Security Features Gated CommunitySmoke Detector(s)Carbon Monoxide Detector(s)Window Bars

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Monthly Payment (Est.)

$6,848
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