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1805 W 5th St, Los Angeles, CA 90057
$995,000
1805 W 5th St, Los Angeles, CA 90057View this property at 1805 W 5th St, Los Angeles, CA 90057
1805 W 5th StLos AngelesCA90057
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Property Description
Nestled in a sought-after neighborhood, this lucrative duplex presents an exceptional opportunity for investors and owner-occupants alike. Each unit in this charming property offers spacious living areas, well-appointed kitchens, and comfortable bedrooms. Upper unit has additional loft space. The pride of ownership is evident throughout, with meticulous maintenance and thoughtful updates enhancing the building's original character. For the savvy investor, the existing rental income speaks for itself, making this an attractive asset with a reliable income stream. Furthermore, the owner is amenable to tenant relocations during escrow, providing flexibility for those looking to reposition the property or occupy one of the units. Owner-occupants will find this duplex particularly appealing, as it allows for the convenience of living in one unit while enjoying the financial benefits of renting out the other. Whether you're looking to offset your mortgage or simply invest in your future, this property promises to be a wise financial decision with its strong income potential and outstanding location.
Full Property Details
Full Property Details for 1805 W 5th St
General
- Price: $995,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-378743
- Updated: 4/10/2024
- Added to Site: 20 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: refer to professional services and online aplications
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Water: Meter on Property
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Square Feet: 1,704
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1900
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1377
- Lot Size: 6000
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 150
- Alley: Yes
- Zoning: LAR4
Financial Considerations
- Price Per Sq. Ft.: $583.92
- Assessment Year: 1900
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5154-024-002
Listed by Nos Real Estate, Olga Mysse
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Schools
Schools serving 1805 W 5th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
680 Little St, Los Angeles, CA 90017 | K-5 | 0.3 mi | |
650 S Union Ave, Los Angeles, CA 90017 | 6-8 | 0.3 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1805 W 5th St
Date
Details
Price
Change
Source
4/10/2024
Listed
$995,000
120.96%
MLS
3/09/2022
Sold
$450,313
—
Public Record
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
Tax History for 1805 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,180
201%
$261,874
2%
2022
$3,384
1%
$256,740
2%
2021
$3,334
-1%
$251,707
1%
2020
$3,363
4%
$249,127
2%
2019
$3,242
5%
$244,243
2%
2018
$3,095
2%
$239,455
2%
2017
$3,032
3%
$234,761
2%
2016
$2,949
1%
$230,158
2%
2015
$2,908
-1%
$226,701
2%
2014
$2,933
—
$222,261
—
2013
$2,927
—
$221,258
—
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
Estimate the Cost for 1805 W 5th St
1805 W 5th St, Los Angeles, CA 90057 (MLS# 24-378743) is a Multi-Family property with units containing 3 bedrooms and 0 full bathrooms. 1805 W 5th St is currently listed for $995,000 and was received on April 10, 2024. Want to learn more about 1805 W 5th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.