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.
For sale
Listed by: Equity Smart Real Estate Services • Alan Cruz • Contact: 661-932-5117
$2,450,000
1121 5th Ave, Los Angeles, CA 90019
6beds
3baths
4,669sqft
:
Get pre-qualified$16,402/mo
Triplex
Built in 1948
-- sqft lot
$2,365,900 Zestimate®
$525/sqft
$-- HOA
What's special
Huge lot
- 521 days |
- 40 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Alan Cruz DRE #01518829 661-932-5117,
Equity Smart Real Estate Services
Source: CRMLS,MLS#: PW25035453
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- All Bedrooms Up
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,669
- Total interior livable area: 4,669 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Entry location: main street
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 5081009014
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Features: Biking, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $419,899
- Annual tax amount: $5,811
- Date on market: 2/20/2025
- Cumulative days on market: 521 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Road surface type: Paved
Estimated market value
$2,365,900
$2.25M - $2.48M
$3,505/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2025 | Listed for sale | $2,450,000$525/sqft |
Source:  CRMLS #PW25035453 Report a problem | ||
| 2/15/2025 | Listing removed | $2,450,000$525/sqft |
Source:  Bakersfield AOR #202412767 Report a problem | ||
| 12/26/2024 | Listed for sale | $2,450,000+880%$525/sqft |
Source: Bakersfield AOR #202412767 Report a problem | ||
| 3/31/1995 | Sold | $250,000+38.9%$54/sqft |
Source: Public Record Report a problem | ||
| 11/14/1994 | Sold | $180,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,811 +0.5% | $419,899 +2% |
| 2024 | $5,782 +1.7% | $411,666 +2% |
| 2023 | $5,688 +4.2% | $403,595 +2% |
| 2022 | $5,457 +1.7% | $395,682 +2% |
| 2021 | $5,365 -0.8% | $387,924 +1% |
| 2020 | $5,407 | $383,947 +2% |
| 2019 | $5,407 +9% | $376,419 +2% |
| 2018 | $4,961 | $369,039 +2% |
| 2017 | $4,961 +2% | $361,804 +2% |
| 2016 | $4,864 +3.4% | $354,711 +1.5% |
| 2015 | $4,706 +0.5% | $349,384 +2% |
| 2014 | $4,680 | $342,541 +2.5% |
| 2012 | -- | $334,309 +2% |
| 2011 | -- | $327,755 +0.8% |
| 2010 | -- | $325,307 -0.2% |
| 2009 | -- | $326,081 +2% |
| 2008 | -- | $319,688 +2% |
| 2007 | -- | $313,420 +2% |
| 2006 | -- | $307,275 |
| 2005 | -- | $307,275 +4% |
| 2004 | -- | $295,345 +1.9% |
| 2003 | -- | $289,933 +2% |
| 2002 | -- | $284,249 +18.4% |
| 2000 | -- | $240,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Koreatown
Nearby schools
GreatSchools rating
- 3/10Arlington Heights Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Pio Pico Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Los Angeles Senior High SchoolGrades: 9-12Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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