2404 5th Avenue Los Angeles, CA $ 1,895,000
2404 5th Avenue
$ 1,895,000
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2404 5th Avenue

Los Angeles, CA, 90018
$ 1,895,000
Baths0.0 Sq 6,800

Monthly Estimate*

$ 13,237

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,895,000. This 6,800 square foot home was built in 1923 on a lot size of 0.15.

Exceptional Investment Opportunity in Historic West Adams, Los Angeles Discover the epitome of historic charm meets modern living with this exquisite fourplex, nestled in the heart of the vibrant and sought-after West Adams neighborhood. Built in the resplendent era of 1923, this property carries a legacy filled with the ambiance of old Hollywood, ensuring the preservation of its timeless allure amidst a neighborhood where each corner resonates with history. Unit Details:The meticulously refurbished building houses four remarkable units, ensuring a blend of comfort and style. On the lower level, find two captivating 2-bedroom, 1-bath units, while the upper level unveils two generously spaced 4-bedroom, 2-bath units spread across two delightful levels. Each unit has undergone thoughtful upgrades, including new electrical and plumbing installations, coupled with tastefully renovated kitchens and bathrooms that blend seamlessly with the property's historic charm. Unique Features:An extraordinary feature of this property lies in its professional recording studio, born from the transformation of a 4-car garage. Outfitted with a live room and control room, the studio boasts sound isolation on the walls and the potential option of acquiring additional equipment and sound treatment, subject to negotiation. This space resonates with potential and versatility, ready to echo with the creative rhythms of its new owner. Outdoor Spaces:Embrace the Californian sunshine in the property's enchanting outdoor spaces. The front welcomes with a lush grassy expanse, while the private backyard reveals a charming sitting area adorned with stylish triangle-shaped shades, creating a serene oasis reserved exclusively for the owner's enjoyment. Local Amenities:Positioned amidst the flourishing scenes of West Adams Blvd, the location is a treasure trove of new high-end restaurants and chic spots that embody the resurgence of the area. With the convenience of bus stops nearby and ample street parking, accessibility is effortlessly intertwined with the property's abundant offerings. Neighborhood Appeal:Embark on a journey through time as you stroll through the beautiful historic neighborhood, safeguarded against the encroachment of large modern developments. Revel in an environment where the 1920s ambiance is lovingly preserved, ensuring the everlasting charm of a bygone era.Unlock the doors to a spectacular investment opportunity that blends substantial returns with a legacy of style and historic elegance. A rare find, this West Adams gem is a canvas of potential, awaiting the inspired vision of its new owner.

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Multi-Family Active

Price

$ 1,895,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.15

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024374771

Features
General
Possession Close of Escrow
Zoning LARD2
Architectural Style Craftsman
Year Built 1923
Tenant Pays Electricity Trash Collection Gas
Levels Multi/Split
Accessibility Other
County Los Angeles
Net Operating Income 153540.0
Insurance Expense 126.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6537.0
Street Name 5th
Electric Expense 164.0
Property Condition Updated/Remodeled
Trash Expense 100.0
Water Sewer Expense 245.0
Additional Parcels Y/N No
Standard Status Active
Taxes 1900.0
Buyer Agent Compensation Type %
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Interior
Flooring Tile Wood
Kitchen Appliances Disposal Dishwasher Refrigerator
Total Stories 3
Fireplace Y/N No
Street Suffix Avenue
Laundry Features None Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Gated
Lot Size Area 6537.0
Foundation Details Raised
Building Area Total 6800.0
Lot Size Acres 0.15
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jack Bitton

Listing Agent

Power Brokers

Broker

Affordability Calculator

$13,237
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,237
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$1,895,000 Listed Price

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2404 5th Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,895,000 with 6,800 sqft and a lot size of 0.15. 2404 5th Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90018 which is in Los Angeles, CA