1407 5th Avenue
1407 5th Avenue
$1,380,000
6
4
2,509
2,509
$550
Description
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...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.
- Listed by Susan Lau • DRE #01516710 • Brokerage DRE #01464847 • Coldwell Banker Realty
- Listed by Wasim Khoury • DRE #02153399 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 1407 5th Avenue
Water Front
None
ZoningLARD2
Cross StreetsPico Blvd. & 5th Ave.
Parcel Number5072018012
Total Units2.0
Living Area2509
Source Living AreaAssessor
AreaMid Los Angeles (C16)
Location
LISTING UPDATED: 04/04/2024 12:01 AM
Property Details for 1407 5th Avenue
Status | Active |
---|---|
MLS # | 24-373547 |
Days on Market | 37 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.17 AC / 7,501 SF |
County | Los Angeles County |
Location
Building Information for 1407 5th Avenue
Stories2Residences-Year Built1910Building Size-Lot Size0.17 AC / 7,501 SF
Payment Calculator
$8,683 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1407 5th Avenue
Property History for 1407 5th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1407 5th Avenue
Taxable ValueLand$840,942Additions$273,304Total$1,114,246
Tax Record2023$13,828 ($1,152 / month)
Home Facts
Total Finished SqFt2,509 SqFtAbove Grade Finished SqFt2,509 SqFtLot Size7,501 SqFtStyleDuplexYear Built1910ZoningLARD2CountyLOS ANGELESAPN5072-018-012
Schools near 1407 5th Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Arlington Heights Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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