5-Bedroom ResidentialIncome — 1529 5th Avenue, Los Angeles, CA
$1,199,000
1529 5th Avenue, Los Angeles, CA
About this property
Five Units, Zero Guesswork! Tucked into a well loved corner of the city, this five-unit gem is the kind of property investors dream about, and tenants actually want to stay in. The mix says it all: one spacious 2 bed + den, three classic 1 bedrooms, and one cozy studio. Something for every renter, all under one roof. Step inside any unit and you'll find hardwood floors underfoot, granite countertops in every kitchen, and a full washer/dryer hookup, because nobody wants to haul laundry down the street anymore. Tankless water heaters keep things efficient, and off-street parking means no more circling the block. Every unit is separately metered for water and electricity. Tenants get their OWN DWP bills, and the OWNER PAYS EXACTLY ZERO DOLLARS FOR WATER, POWER, TRASH AND SEWER. That's real, meaningful savings, month after month. Behind the scenes, this building has been cared for the right way: all copper plumbing, all ABS waste lines, and updated electrical throughout. A back storage structure with real ADU potential, a bonus opportunity for the next owner to unlock even more value. Owner covers gas, insurance, grounds, and city registration fees, simple and straightforward. Five units. One smart investment. Endless upside. (NO BALCONIES!!)
Property details
Location
1529 5th Avenue • Los Angeles, CA 90019
Listed by
David Rosenfeld · Advantage Real Estate