28
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$1,099,000
Est. payment /mo
3,293 SqFt
Active
1529 5th Avenue Los Angeles, CA 90019
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,293 sqft
Price per Sqft $333
MLS Listing ID CL26868043
HOA Y/N No
Year Built 1911
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Other
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!!)
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Laundry Other
Building
Water Other
New Construction No
Others
Tax ID 5072019007
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Listed by David Rosenfeld • Advantage Real Estate
NEARBY SCHOOL & BUSINESS
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