5429 2nd Ave Los Angeles, CA ^$ 699,000

5429 2nd Ave

^$ 699,000

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5429 2nd Ave

Los Angeles, CA, 90043

^$ 699,000

Studio Baths1.0 Sq 1,714

Monthly Estimate*

^$ 4,361

Listed by CENTURY 21 PRIMETIME REALTORS

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $699,000 with 1 full bath. This 1,714 square foot home was built in 1925 on a lot size of 0.113.

Investor’s Dream in Prime Los Angeles Location! A great opportunity to own a two-story duplex in the heart of Los Angeles with incredible upside potential. This 1,714 sq. ft. multi-family property sits on a generous 4,923 sq. ft. lot and features 4 bedrooms and 2 bathrooms split between two units. Originally built in 1925, the property carries classic charm with room for modern upgrades. What makes this property stand out? It is zoned for up to 4 units, offering investors, developers, or owner-occupiers the chance to expand, renovate, or redevelop to maximize income potential. With its central location, tenants will enjoy easy access to local dining, shopping, transportation, and all that LA has to offer. This property has not been sold since 1983, making it a true value-add opportunity for those ready to bring vision and creativity.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.113

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

IV25198801

Days on Market

116

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Utilities Sewer Connected Water Connected

Possession Close Of Escrow

Roof Flat

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1925

Electric Standard

Tenant Pays Cable TV Electricity Gas

Property Subtype Duplex

Gross Income 37372

Community Features Curbs

County Los Angeles

Net Operating Income 33456

Operating Expense 3916

Insurance Expense 1416

New Construction 0

Property Type Residential Income

HOA 0

Contingency Private Remarks:Please make offers subject to inspection. Email full and complete offers to meaganwright37@gmail.com. Include FICO Score Proof of funds Pre Approval and DU Approval.

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions West of Western

City Los Angeles

Entry Location Front

Senior Community Y/N 0

Number Of Units Total 2

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 4923

Number of Units Leased 2

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Submit

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Current Financing None

Fuel Expense 0

Trash Expense 700

Water Sewer Expense 1200

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Builder

Tax Lot 145

Total Actual Rent 2788

Property Sub Type Additional Duplex

Interior

Fireplace Features None

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N 0

Heating Y/N 1

Fireplace Y/N 0

Laundry Features None

Entry Level 1

Exterior

Fencing Chain Link

Parking Features Driveway

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 4923

Number of Buildings 1

Building Area Total 1714

Lot Size Acres 0.113

Private Pool 0

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Century 21 Primetime Realtors

Broker

meaganwright7@hotmail.com

Affordability Calculator

$4,361

Per Month

Monthly Principal & Interest: $4,361
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,940,120

Percent of Sale Price 178%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$699,000		Listed Price

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5429 2nd Ave, Los Angeles, CA, 90043 is a Multi-Family Home for sale at $699,000 with 1,714 sqft and a lot size of 0.113. 5429 2nd Ave is a studio with 1.0 baths and was built in 1925. The property's zip code is 90043 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/28/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5429 2nd Ave

Multi-Family Home for sale in Los Angeles, CA

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