About 1121 5th Avenue
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.
Features of 1121 5th Avenue
| MLS® # | PW25035453 |
|---|---|
| Price | $2,450,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Lot Size | 14,196 |
| Year Built | 1948 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 1121 5th Avenue |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90019 |
Amenities
| Utilities | None |
|---|---|
| Parking Spaces | 3 |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Wood |
|---|---|
| Interior Features | All Bedrooms Up |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
Additional Information
| Date Listed | February 17th, 2025 |
|---|---|
| Days on Market | 387 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alan Cruz |
|---|---|
| Office | Equity Smart Real Estate Services |