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2404 5th Ave, Los Angeles, CA 90018
$1,895,000
2404 5th Ave, Los Angeles, CA 90018View this property at 2404 5th Ave, Los Angeles, CA 90018
2404 5th AveLos AngelesCA90018
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Property Description
Exceptional Investment Opportunity in Historic West Adams, Los Angeles Discover the epitome of historic charm meets modern living with this exquisite fourplex, nestled in the heart of the vibrant and sought-after West Adams neighborhood. Built in the resplendent era of 1923, this property carries a legacy filled with the ambiance of old Hollywood, ensuring the preservation of its timeless allure amidst a neighborhood where each corner resonates with history. Unit Details:The meticulously refurbished building houses four remarkable units, ensuring a blend of comfort and style. On the lower level, find two captivating 2-bedroom, 1-bath units, while the upper level unveils two generously spaced 4-bedroom, 2-bath units spread across two delightful levels. Each unit has undergone thoughtful upgrades, including new electrical and plumbing installations, coupled with tastefully renovated kitchens and bathrooms that blend seamlessly with the property's historic charm. Unique Features:An extraordinary feature of this property lies in its professional recording studio, born from the transformation of a 4-car garage. Outfitted with a live room and control room, the studio boasts sound isolation on the walls and the potential option of acquiring additional equipment and sound treatment, subject to negotiation. This space resonates with potential and versatility, ready to echo with the creative rhythms of its new owner. Outdoor Spaces:Embrace the Californian sunshine in the property's enchanting outdoor spaces. The front welcomes with a lush grassy expanse, while the private backyard reveals a charming sitting area adorned with stylish triangle-shaped shades, creating a serene oasis reserved exclusively for the owner's enjoyment. Local Amenities:Positioned amidst the flourishing scenes of West Adams Blvd, the location is a treasure trove of new high-end restaurants and chic spots that embody the resurgence of the area. With the convenience of bus stops nearby and ample street parking, accessibility is effortlessly intertwined with the property's abundant offerings. Neighborhood Appeal:Embark on a journey through time as you stroll through the beautiful historic neighborhood, safeguarded against the encroachment of large modern developments. Revel in an environment where the 1920s ambiance is lovingly preserved, ensuring the everlasting charm of a bygone era.Unlock the doors to a spectacular investment opportunity that blends substantial returns with a legacy of style and historic elegance. A rare find, this West Adams gem is a canvas of potential, awaiting the inspired vision of its new owner.
Full Property Details
Full Property Details for 2404 5th Ave
General
- Price: $1,895,000
- HOA FEE: $300
- Status: Active
- Type: Multi-Family
- MLS ID: 24-374771
- Updated: 4/1/2024
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: Breakfast Area, Breakfast, Formal Entry, Dining Room, Converted Garage, Sound Studio
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: In Unit
Additional Information
- Other Features: Other
Parking
- Garage Description: Garage - 4+ Car
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: North of Adams. South of 10 just East of Crenshaw
Heating & Cooling
- Cooling Type: Air Conditioning, Wall Unit(s), Window Unit(s)
- Heating Type: Wall Electric
Utilities
- Sewer: In Street
- Water: Public
- Trash: 100
Structural Information
- # Buildings: 1
- Architectural Style: Craftsman
- Basement Desc.: Raised
- Foundation: Raised
- Common Walls: Attached
- Stories/Levels: 3
- Square Feet: 6,800
- Sq. Ft. Source: Owner
- Year Built: 1923
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 4
Unit 4
- Total Bathrooms: 2
- Bedrooms: 4
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1501
- Lot Size: 6537
- Lot Size Source: Assessor
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $278.68
- Maint. Fee: $300
- Insurance Fee: $126
- Assessment Year: 1923
- Owner Pays: Water, Gardener
- Tenant Pays: Gas, Electricity, Trash Collection
- Pays Electric: 164
- Pays Trash: 100
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5059-022-015
Listed by Power Brokers, Jack Bitton
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Schools
Schools serving 2404 5th Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1717 7th Ave, Los Angeles, CA 90019 | K-5 | 0.4 mi | |
4066 W Johnnie Cochran Vista, Los Angeles, CA 90019 | 6-8 | 0.6 mi | |
4650 W Olympic Blvd, Los Angeles, CA 90019 | 9-12 | 1.6 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 2404 5th Ave
Date
Details
Price
Change
Source
4/01/2024
Listed
$1,895,000
203.2%
MLS
10/21/2004
Sold
$625,000
—
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 2404 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,705
5%
$837,347
2%
2022
$10,226
1%
$820,930
2%
2021
$10,078
-1%
$804,835
1%
2020
$10,174
4%
$796,584
2%
2019
$9,785
1%
$780,966
2%
2018
$9,648
2%
$765,654
2%
2017
$9,447
3%
$750,642
2%
2016
$9,193
1%
$735,925
2%
2015
$9,062
-1%
$724,872
2%
2014
$9,115
—
$710,674
—
2013
$9,109
—
$707,463
—
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 2404 5th Ave
2404 5th Ave, Los Angeles, CA 90018 (MLS# 24-374771) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 2404 5th Ave is currently listed for $1,895,000 and was received on April 01, 2024. Want to learn more about 2404 5th Ave? 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.