Jeremiah Moersch REALTOR®
Office: 760-533-2540
1121 5th Avenue, Los Angeles
$2,450,000
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7 Beds
2 Baths
.33 Acre
3 Garages
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.
Essential Information
- MLS® #
- PW24011677
- Price
- $2,450,000
- Bedrooms
- 7
- Bathrooms
- 2.00
- Acres
- 0.33
- Year Built
- 1948
- Type
- Residential Income
- Sub-Type
- Triplex
- Status
- Active
Community Information
- Address
- 1121 5th Avenue
- Area
- C18 - Hancock Park-Wilshire
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90019
- Community Features
- Sidewalks
- Senior Community
- N
Amenities
- Parking Spaces
- 3
- # of Garages
- 3
- Pool
- None
Interior
- # of Stories
- 2
Exterior
- Lot Description
- 2-5 Units/Acre
Additional Information
- Date Listed
- December 20th, 2023
- Days on Market
- 106
- Zoning
- LARD1.5
Listing Details
- Agent
- Alan Cruz
- Office
- Klovus Realty
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 7:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.