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    1522 5TH Ave

    Los Angeles, CA 90019
    • $1,290,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 20-592360
    UPDATED: 34 min ago
    $1,290,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,895
      SQFT
    • $446
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    The property lot is 7,000 SF. This property is ideal for an investor or owner user. New Owner CAN BUILD 6 UNITS. Easy access to Downtown LA, Hollywood, and K town. Minutes from the entertainment and shopping centers this duplex offers amazing opportunities for future developers. Each of the units has 3 bed 2bath and one unit will be vacant at close of escrow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T19:42:44.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107040253
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    1522 5TH Ave Los Angeles, CA 90019

    • Price: $1,290,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 20-592360
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,895
    SQFT
    $446
    $/SQFT
    1913
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    The property lot is 7,000 SF. This property is ideal for an investor or owner user. New Owner CAN BUILD 6 UNITS. Easy access to Downtown LA, Hollywood, and K town. Minutes from the entertainment and shopping centers this duplex offers amazing opportunities for future developers. Each of the units has 3 bed 2bath and one unit will be vacant at close of escrow.
    Exterior Features

    Direction Faces West Entry Location Living Room Lot Size Area 7000 Other Structures None Parking Garage Carport DetachedDirect Entrance Patio Features Porch - Front Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 6 View Description City Lights View YN Yes

    Interior Features

    Bathroom Features Low Flow Toilet(S)Shower And Tub Baths Total 4.00 Bedroom Features Main Floor Bedroom Cooking Appliances Oven-Gas Cooling Wall Unit(S) Equipment Garbage DisposalDishwasherDryerHood FanGas Dryer Hookup Fireplace Rooms Dining Flooring Laminate Heating Wall Kitchen Features Counter Top Laundry In Unit Water Heater Features Gas

    Property Features

    Assessed Total Value 579546 Disability Access None Gross Income 71400 Gross Operating Income 67860 Insurance Expense 1200.00 Like Units1 1 Like Units2 1 Maintenance Expense 1000.00 Net Operating Income 50525.00 Number Of Buildings 1 Number Of Units 2 Owner Pays Water Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S) Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 20875 Type Of Units Duplex Water In Street Water Expense 1800.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Christine Oam DRE#01857417 of Action Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T19:42:44.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355