$1,240,000
$1,399,999
11.4%For more information regarding the value of a property, please contact us for a free consultation.
1221 5th AVE #3 Los Angeles, CA 90019
7,801 Sqft Lot
Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25058764
Sold Date 06/03/25
Construction Status Repairs Cosmetic,Turnkey
HOA Y/N No
Year Built 1921
Lot Size 7,801 Sqft
Property Sub-Type Quadruplex
Property Description
A very rare investment opportunity in the heart of Los Angeles, this quadraplex property at 1221 5th Ave, Los Angeles, CA 90019, offers a blend of urban and city living with a classic charm. Boasting four individual units, each unit provides comfort and functionality, this property is ideal for savvy investors seeking rental income. With each unit having 1 bedroom, 1 den (large size, no closet) and 1 bathroom with the rear of the building having multiple parking spots for each tenant. The well-maintained exterior showcases the timeless architecture of the area, while the interiors feature standard amenities. Conveniently located near shopping, dining, and entertainment, this quadraplex provides residents with easy access to the vibrant and colorful lifestyle of Los Angeles. Don't miss the chance to own this income-generating gem in a prime location.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LARD1.5
Interior
Interior Features Multiple Staircases
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Fence See Remarks
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Flat
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Turnkey
Others
Senior Community No
Tax ID 5081008002
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Jonathan Rawson • Avenue Realty Group
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