5109 5th Avenue

Los Angeles, CA 90043

$1,250,000
Price
7
Beds
2,366 Sq. Ft.
$528 / Sq. Ft.
2,366
Sq. Ft.
$528
per Sq. Ft.

Description

Welcome to this unique and incredibly lucrative income-generating property in the heart of Los Angeles! This home features a 4 bedroom, 2 bath front unit and a separate 3 bed, 2 bath rear unit, providing ample space for potential renters or guests. Located near popular attractions such as USC, SoFi Stadium, and the iconic Coliseum stadium, this property is not only a fantastic investment opportunity but also offers endless entertainment options right at your doorstep. Whether you're looking to capitalize...Welcome to this unique and incredibly lucrative income-generating property in the heart of Los Angeles! This home features a 4 bedroom, 2 bath front unit and a separate 3 bed, 2 bath rear unit, providing ample space for potential renters or guests. Located near popular attractions such as USC, SoFi Stadium, and the iconic Coliseum stadium, this property is not only a fantastic investment opportunity but also offers endless entertainment options right at your doorstep. Whether you're looking to capitalize on the booming rental market or simply seeking a spacious home for yourself with the option to earn passive income, this property has it all. Don't miss out on this rare chance to own a piece of prime real estate in one of LA's most sought-after neighborhoods!
  1. Listed by Sergio Iturrios • DRE #01339130 • Brokerage DRE #02104123 • RISE Real Estate Group • 562-244-8859

Property Details for 5109 5th Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2366

Location

Listing Courtesy of RISE Real Estate Group, Sergio Iturrios, DRE #01339130
Add your commute
LISTING UPDATED: 04/28/2024 10:41 AM

Property Details for 5109 5th Avenue

StatusActive
MLS #DW24078080
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.13 AC / 5,703 SF
CountyLos Angeles County

Location

Listing Courtesy of RISE Real Estate Group, Sergio Iturrios, DRE #01339130
Add your commute

Building Information for 5109 5th Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.13 AC / 5,703 SF

Payment Calculator

$7,513 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$691

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5109 5th Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $35
  • Water Sewer Expense: $200
  • Total Expenses: $235
Tax / Assessment Info
  • Tax Tract Number: 1700
  • Tax Census Tract: 2345.01
  • CFD/Mello-Roos Fee: $245
  • Tax Lot: 282
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Urban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Living Room
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4320
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3915
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 5109 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5109 5th Avenue

Taxable ValueLand$572,220Additions$98,838Total$671,058
Tax Record2023$8,294 ($691 / month)
Home Facts
Beds2Total Finished SqFt1,180 SqFtAbove Grade Finished SqFt1,180 SqFtStories1Lot Size5,703 SqFtStyleSingle Family ResidenceYear Built1922ZoningLAR1CountyLOS ANGELESAPN5014-017-036

Schools near 5109 5th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alliance Ouchi-O'donovan 6-12 Complex
Charter6 to 12

Whitney Young Continuation School
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.

Similar Homes

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5109 5th Avenue is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on April 18, 2024 by RISE Real Estate Group, it's currently listed at $1,250,000. It has been on the market for a total of 15 days and was last sold on December 22, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include View Park Preparatory Accelerated Charter School, Alliance Ouchi-O'donovan 6-12 Complex and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 5109 5th Avenue is a 7-bed, 0-bath, 2,366 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RISE Real Estate Group, Sergio Iturrios, DRE #01339130

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.