1407 5th Avenue

Los Angeles, CA 90019

$1,340,000
Price
6
Beds
4
Baths
2,509 Sq. Ft.
$534 / Sq. Ft.
2,509
Sq. Ft.
$534
per Sq. Ft.

Description

Discover this beautifully updated 1910 duplex, offering both historic character and modern upgrades. This spacious property features two units totaling 2,509 sqft on a 7,501 sqft lot, with recent improvements for comfort and convenience. Both bathrooms have been fully remodeled, and the upstairs unit now has a new kitchen sink and counters, complemented by updated flooring throughout. Additionally, the duplex has been equipped with a new electrical meter, and the plumbing has been upgraded with new...Discover this beautifully updated 1910 duplex, offering both historic character and modern upgrades. This spacious property features two units totaling 2,509 sqft on a 7,501 sqft lot, with recent improvements for comfort and convenience. Both bathrooms have been fully remodeled, and the upstairs unit now has a new kitchen sink and counters, complemented by updated flooring throughout. Additionally, the duplex has been equipped with a new electrical meter, and the plumbing has been upgraded with new copper pipes. Bonus features include a basement with approximately 350 sqft—perfect for storage or future enhancement. Located just minutes from Koreatown’s vibrant scene and major transit routes, this property combines prime location, modern updates, and income potential. Ideal for investors or owner-occupants looking for rental income.v
  1. Listed by Marlon Ramos Garcia • DRE #02178561 • Luxury Collective • 818-310-6999

Property Details for 1407 5th Avenue

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2509
LISTING UPDATED: 12/09/2024 11:22 PM

Property Details for 1407 5th Avenue

StatusActive
MLS #SR24228652
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.17 AC / 7,503 SF
CountyLos Angeles County

Building Information for 1407 5th Avenue

Stories3Residences-Year Built1910Building Size-Lot Size0.17 AC / 7,503 SF

Property Information for 1407 5th Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $64,000
  • Net Operating Income: $43,000
Expense Details
  • Operating Expense: $21,000
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $2,100
Tax / Assessment Info
  • Tax Block: 50
  • Tax Tract Number: C002
  • Tax Census Tract: 2181.20
  • CFD/Mello-Roos Fee: $464
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs
Property / Structure Info
Interior Features
  • Interior Features: Copper Plumbing Full
  • Room Type: Basement
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
  • Flooring: Vinyl, Wood
Exterior Features
  • Entry Location: Front
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Available
  • Electric: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Available
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,600
  • Unit Type Total Rent: $3,600
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1407 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1407 5th Avenue

Taxable ValueLand$857,760Additions$278,770Total$1,136,530
Tax Record2024$14,095 ($1,175 / month)
Home Facts
Total Finished SqFt2,509 SqFtAbove Grade Finished SqFt2,509 SqFtLot Size7,501 SqFtStyleDuplexYear Built1910ZoningLARD2CountyLOS ANGELESAPN5072-018-012

Schools near 1407 5th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Arlington Heights Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

City Language Immersion Charter (CLIC)
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1407 5th Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on November 5, 2024 by Luxury Collective, it's currently listed at $1,340,000. It has been on the market for a total of 83 days and was last sold on February 10, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Arlington Heights Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 1407 5th Avenue is a 6-bed, 4-bath, 2,509 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luxury Collective, Marlon Ramos Garcia, DRE #02178561

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.