647 West 5th Street
647 West 5th Street
$1,365,000
1
8
6,044
6,044
$226
Closed 4/23/21
Description
The property is located near the intersection of Gaffey Street and 5th Street down the block from a Starbucks, a Rite Aid, and several restaurants. The property’s proximity to retail has earned it a WalkScore of 89. Additionally, the building is four blocks from a new luxury 301-unit apartment building and less than a mile from the West Harbor (formerly known as San Pedro Public Market) development site.
647 West 5th Street is a 1918 construction with eight one-bedroom/one-bath units that are separately...The property is located near the intersection of Gaffey Street and 5th Street down the block from a Starbucks, a Rite Aid, and several restaurants. The property’s proximity to retail has earned it a WalkScore of 89. Additionally, the building is four blocks from a new luxury 301-unit apartment building and less than a mile from the West Harbor (formerly known as San Pedro Public Market) development site.
647 West 5th Street is a 1918 construction with eight one-bedroom/one-bath units that are separately metered for gas and electricity. The building also offers on-site laundry and an underutilized back patio. This offering presents a great opportunity for an investor to acquire an asset in a dense, redeveloping rental market and capture over 20 percent rental upside.
647 West 5th Street is a 1918 construction with eight one-bedroom/one-bath units that are separately...The property is located near the intersection of Gaffey Street and 5th Street down the block from a Starbucks, a Rite Aid, and several restaurants. The property’s proximity to retail has earned it a WalkScore of 89. Additionally, the building is four blocks from a new luxury 301-unit apartment building and less than a mile from the West Harbor (formerly known as San Pedro Public Market) development site.
647 West 5th Street is a 1918 construction with eight one-bedroom/one-bath units that are separately metered for gas and electricity. The building also offers on-site laundry and an underutilized back patio. This offering presents a great opportunity for an investor to acquire an asset in a dense, redeveloping rental market and capture over 20 percent rental upside.
- Listed by Steven Bogoyevac • DRE #01332755 • Brokerage DRE #01332755 • Steven M. Bogoyevac, Broker
- Listed by David O'Keefe • DRE #01928739 • Brokerage DRE #00530854 • Marcus & Millichap
Property Details for 647 West 5th Street
Parking Spaces Total
0
Private PoolNo
Total Units8.0
Building TypeDetached
Lot Size SourceAssessor
Living Area6044
Assessor Parcel Number7451-029-006
Property Attached YNfalse
Location
LISTING UPDATED: 04/23/2021 06:06 AM
Property Details for 647 West 5th Street
Status | Closed |
---|---|
MLS # | PW20240620 |
Days on Market | 143 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1918 |
Lot Size | 0.11 AC / 5,002 SF |
County | Los Angeles County |
Location
Building Information for 647 West 5th Street
Stories-Residences-Year Built1918Building Size-Lot Size0.11 AC / 5,002 SF
Payment Calculator
$8,957 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 647 West 5th Street
Property History for 647 West 5th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 647 West 5th Street
Taxable ValueLand$780,300Additions$640,366Total$1,420,666
Tax Record2023$18,090 ($1,508 / month)
Home Facts
Total Finished SqFt6,044 SqFtAbove Grade Finished SqFt6,044 SqFtLot Size5,002 SqFtStyleMulti-Family Res (5+ Units)Year Built1918ZoningLAR3CountyLOS ANGELESAPN7451-029-006
Schools near 647 West 5th Street
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 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cabrillo Avenue Elementary School PublicK to 5 | ||
Richard Henry Dana Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
Port Of Los Angeles High School Charter9 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.