tomo logo

$1,380,000

Beds
6
sq ft
2,509

1407 5th Ave, Los Angeles, CA 90019

1407 5th Ave

Los Angeles, CA 90019

  • 177 days on market
Craftsman-style duplex nestled in the vibrant and up-and-coming Arlington Heights neighborhood of Los Angeles. This exceptional 2-unit income property offers a rare opportunity to own in one of LA's most desirable areas. Investors and owner-users will discover a potential value-add opportunity to add Accessory Dwelling Unit (ADU) at the rear of the property on this large 7,500SF lot that is currently being underutilized. Situated in the heart of Mid-City, adjacent to the sought-after residential neighborhoods of Lafayette Square and Country Club Park, this property boasts easy access to the I-10 and I-110 freeways, as well as convenient proximity to public transportation, making commuting a breeze. Just minutes away from bustling Koreatown, residents will find themselves surrounded by an abundance of amenities including top-notch dining, entertainment, shopping centers, and more. Property is fully occupied and will be delivered with tenants.

Details

Property type

Lot size

7,501 sq ft

Price per sq ft

$551

Year built

1910

HOA

No

Price History

03/28/2024
CLAW

CLAW #24373547

Listed
$1,380,000
+30.19%
02/10/2020
CLAW

CLAW #19471778

Sold
$1,060,000

Schools & Community

Neighborhood: 

Arlington Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 09/21/2024 at 3:55 AM

Listing updated: 08/13/2024 at 12:34 PM

Listed by: Susan Lau, Coldwell Banker Realty Phone #: (310) 820-6651

MLS: CLAW #24373547

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