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Residential Income - 1121 5th Avenue, Los Angeles, CA

$2,450,000

1121 5th Avenue, Los Angeles, CA

1121 5th Avenue, Los Angeles, CA 90019 - $2,450,000 · Multi-Family Home for Sale, photo 1 1121 5th Avenue, Los Angeles, CA 90019 - $2,450,000 · Multi-Family Home for Sale, photo 2 1121 5th Avenue, Los Angeles, CA 90019 - $2,450,000 · Multi-Family Home for Sale, photo 3 1121 5th Avenue, Los Angeles, CA 90019 - $2,450,000 · Multi-Family Home for Sale, photo 4 1121 5th Avenue, Los Angeles, CA 90019 - $2,450,000 · Multi-Family Home for Sale, photo 5
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Description

First time on the market in over 25 years. Welcome to 1121 5th Ave, Los Angeles CA 90019. This Property is absolutely stunning, and a great opportunity to enjoy passive income. In addition.. it is zoned LARD1.5, which enables the new owner to build up to 9 units and 2 ADUs ( verified with Building and Safety ) sitting on a huge lot. HOT AREA for new development opportunity in one of L.A.'s Hottest Neighborhood. Close proximity to shopping, restaurants, schools, parks, public transportation, and freeway. The Tenants are paying well below market rent.

Property details

Year built
1948
Property type
Residential Income
Lot size
14,196 sqft

Location

1121 5th Avenue • Los Angeles, CA 90019

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Listed by

Alan Cruz · Equity Smart Real Estate Services

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Listing courtesy of Equity Smart Real Estate Services. Information deemed reliable but not guaranteed.

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