1121 5th Avenue Active

Los Angeles,CA 90019

$ 2450000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25035453

HOA Y/N No

Lot Size 0.326 Acres

Property Sub-Type Res Income 2-4 Units

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.
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 Los Angeles (90019)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Lot Description Sidewalks

Story 2

Others

Acceptable Financing Cash,Conventional,Exchange,FHA

Listing Terms Cash,Conventional,Exchange,FHA

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