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$2,450,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1121 5th Ave

General

  • Price: $2,450,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25035453
  • Updated: 5/1/2025
  • Days on Market: 332 days
  • Added to Site: 332 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up
  • Fireplace(s): None
  • Flooring: Wood

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 3

Location

  • Area: C34 - Los Angeles Southwest
  • County: Los Angeles
  • Development Name: C34 - Los Angeles Southwest
  • Driving Directions: Property is on the corner of Redondo and 21st St.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Entry Location: main street
  • Square Feet: 4,669
  • Year Built: 1948

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3259
  • Lot Size (Sq. Ft.): 14,196
  • Lot Size Source: Assessor
  • Zoning: LARD1.5
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $524.74
  • Price Per Unit: 816667

Listed by Equity Smart Real Estate Services, Alan Cruz

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Listing agent

— 1121 5th Ave —

  • Alan Cruz

    Equity Smart Real Estate Services

661-932-5117

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1121 5th Ave

School District:Los Angeles Unified School District
NameGradesDistance
Arlington Heights Elementary School
1717 7th Avenue, Los Angeles, CA 90019
K-50.7 mi
Pio Pico Middle School
1512 Arlington Avenue, Los Angeles, CA 90019
6-80.4 mi
Los Angeles Senior High School
4650 West Olympic Boulevard, Los Angeles, CA 90019
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1121 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2025
Listed
$2,450,000
880%
MLS
3/31/1995
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1121 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,811
2%
$419,899
4%
2023
$5,688
4%
$403,595
2%
2022
$5,457
2%
$395,682
2%
2021
$5,365
-1%
$387,924
1%
2020
$5,407
4%
$383,947
2%
2019
$5,222
5%
$376,419
2%
2018
$4,961
2%
$369,039
2%
2017
$4,864
3%
$361,804
2%
2016
$4,706
1%
$354,711
2%
2015
$4,643
-1%
$349,384
2%
2014
$4,680
—
$342,541
—
2013
$4,674
—
$340,994
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1121 5th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Equity Smart Real Estate Services, Alan Cruz

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Listed by Kristen Tostado (CalRE#: 02203805) and Rick Llanos (CalRE#: 01123101)

1121 5th Avenue, Los Angeles, CA 90019 (MLS# PW25035453) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1121 5th Avenue is currently listed for $2,450,000 and was received on February 20, 2025. Want to learn more about 1121 5th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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