1529 5th Avenue, Los Angeles, CA 90019
- $1,199,000
- 5
- BD
- 5
- BA
- 3,293
- SqFt
- List Price
- $1,199,000
- Status
- ACTIVE
- MLS#
- 26868043
- Year Built
- 1911
- Bedrooms
- 5
- Bathrooms
- 5
- Living Sq. Ft
- 3,293
- Lot Size
- 7,501
- Acres
- 0.17
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Welcome to Grand: 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 or power. 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.
Additional Information
- Other Buildings
- Shed(s)
- Appliances
- Gas Oven
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Roof
- Composition, Shingle
- Sewer
- Other
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: David Rosenfeld (david@areink.com) from Listing Office: Advantage Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.