2511 West 5th Street
2511 West 5th Street
$750,000
2
3.5
1,782
1,782
$421
Sold 3/8/22
Description
Income-producing duplex in up-and-coming MacArthur Park neighborhood! This charming property consists of 2 units each with 1 bedroom and 1 bathroom, plus there is a non-conforming studio space with kitchenette and bathroom. Located on a quiet cul-de-sac in a rapidly developing neighborhood between Koreatown and Downtown Los Angeles, with multiple new luxury buildings being constructed in the surrounding areas, there is potential for appreciation and value-add opportunities. Additional features include...Income-producing duplex in up-and-coming MacArthur Park neighborhood! This charming property consists of 2 units each with 1 bedroom and 1 bathroom, plus there is a non-conforming studio space with kitchenette and bathroom. Located on a quiet cul-de-sac in a rapidly developing neighborhood between Koreatown and Downtown Los Angeles, with multiple new luxury buildings being constructed in the surrounding areas, there is potential for appreciation and value-add opportunities. Additional features include 3 fireplaces, wood-panel built-in shelving, 2 single-car garages, 2 sets of laundry hookups, new fencing and lush landscaping for privacy, shared outdoor patio space, and new security camera. This lovely duplex is a great opportunity to own an income-producing investment property with upside potential.
- Listed by Juliette Hohnen • DRE #01772623 • Brokerage DRE #01883938 • Douglas Elliman
Property Details for 2511 West 5th Street
Zoning
LAR3
StyleTraditional
Parcel Number5155031028
Total Units2.0
Living Area1782
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate0
Location
LISTING UPDATED: 03/08/2022 02:57 PM
Property Details for 2511 West 5th Street
Status | Sold |
---|---|
MLS # | 22-115475 |
Days on Market | 32 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.06 AC / 2,396 SF |
County | Los Angeles County |
Location
Building Information for 2511 West 5th Street
Stories3Residences-Year Built1951Building Size-Lot Size0.06 AC / 2,396 SF
Payment Calculator
$4,878 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2511 West 5th Street
Property History for 2511 West 5th Street
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 2511 West 5th Street
Taxable ValueLand$510,000Additions$255,000Total$765,000
Tax Record2023$9,420 ($785 / month)
Home Facts
Total Finished SqFt1,782 SqFtAbove Grade Finished SqFt1,782 SqFtLot Size2,396 SqFtStyleDuplexYear Built1951ZoningLAR3CountyLOS ANGELESAPN5155-031-028
Schools near 2511 West 5th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Charles White Elementary School Public1 to 5 | ||
John H. Liechty Middle School Public6 to 8 | ||
Academic Leadership Community School Public9 to 12 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 |
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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