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1805 West 5th Street Los Angeles, CA $ 995,000
1805 West 5th Street
$ 995,000
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1805 West 5th Street

Los Angeles, CA, 90057
$ 995,000
Baths0.0 Sq 1,704

Monthly Estimate*

$ 6,950

Studio

Multi-Family Home for sale in Los Angeles, CA

for $995,000. This 1,704 square foot home was built in 1900 on a lot size of 0.14.

Nestled in a sought-after neighborhood, this lucrative duplex presents an exceptional opportunity for investors and owner-occupants alike. Each unit in this charming property offers spacious living areas, well-appointed kitchens, and comfortable bedrooms. Upper unit has additional loft space. The pride of ownership is evident throughout, with meticulous maintenance and thoughtful updates enhancing the building's original character. For the savvy investor, the existing rental income speaks for itself, making this an attractive asset with a reliable income stream. Furthermore, the owner is amenable to tenant relocations during escrow, providing flexibility for those looking to reposition the property or occupy one of the units. Owner-occupants will find this duplex particularly appealing, as it allows for the convenience of living in one unit while enjoying the financial benefits of renting out the other. Whether you're looking to offset your mortgage or simply invest in your future, this property promises to be a wise financial decision with its strong income potential and outstanding location.

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Multi-Family Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1900

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024378743

Features
General
Sewer None
Heating Central
Possession Close of Escrow
Zoning LAR4
Year Built 1900
Tenant Pays Electricity Gas
Levels Two
County Los Angeles
Net Operating Income 45321.0
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 C42 - Downtown L.A.
Lot Size Square Feet 6000.0
Street Name 5th
Property Condition Updated/Remodeled
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Disposal
Total Stories 1
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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Exterior
Lot Size Area 6000.0
Foundation Details None
Building Area Total 1704.0
Lot Dimensions 40x150
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Olga Mysse

Listing Agent

Nos Real Estate

Broker

Affordability Calculator

$6,950
Per Month
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Monthly Principal & Interest
$6,950
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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
4/10/2024$995,000 Listed Price

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1805 West 5th Street, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $995,000 with 1,704 sqft and a lot size of 0.14. 1805 West 5th Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 90057 which is in Los Angeles, CA