Prime Investment Opportunity in Los Angeles! Discover the potential of 1244 5th Ave, a four-unit residential income property offering an exciting opportunity for investors! Situated on an approximately 8,102-square-foot lot with 5,088 square feet of building space, this two-story multifamily property offers an attractive addition to any real estate portfolio. Conveniently located near shopping, dining, major thoroughfares, and everyday amenities, the property combines location, versatility, and long-term investment potential. Whether you’re expanding your portfolio or entering the multifamily market, this is an opportunity you won’t want to miss!
For sale
Listed by: The Kasa Agency Inc. • Christopher Mafnas • 949-892-8973
$2,600,000
1244 5th Ave, Los Angeles, CA 90019
9beds
6baths
5,088sqft
Quadruplex
Built in 1915
-- sqft lot
$2,479,500 Zestimate®
$511/sqft
$-- HOA
What's special
- 26 days
- 110
- 3
Zillow last checked:
Listing updated:
Listed by:
Christopher Mafnas DRE #02190111 949-892-8973,
The Kasa Agency Inc.,
Mario Ruiz DRE #02169683,
The Kasa Agency Inc
Source: CRMLS,MLS#: CV26223647
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,088
- Total interior livable area: 5,088 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Ground level, Front and Rear Entrance
- Pool features: None
Lot
- Size: 8,102 Square Feet
- Features: Lawn, Landscaped, Yard
Details
- Parcel number: 5081013021
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $446,773
- Date on market: 10/14/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
$2,479,500
$2.36M - $2.60M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $2,600,000+812.3%$511/sqft |
Source: | ||
| 7/29/1999 | Sold | $285,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $446,773 +2% |
| 2025 | $6,032 +2.2% | $438,014 +2% |
| 2024 | $5,901 +1.7% | $429,426 +2% |
| 2023 | $5,803 +4.4% | $421,006 +2% |
| 2022 | $5,559 +1.8% | $412,752 +2% |
| 2021 | $5,463 -0.8% | $404,660 +1% |
| 2020 | $5,508 | $400,512 +2% |
| 2019 | $5,508 +6.8% | $392,660 +2% |
| 2018 | $5,158 | $384,962 +2% |
| 2017 | $5,158 +2% | $377,415 +2% |
| 2016 | $5,057 +3.5% | $370,016 +1.5% |
| 2015 | $4,888 +0.5% | $364,459 +2% |
| 2014 | $4,866 | $357,320 +2.5% |
| 2012 | -- | $348,733 +2% |
| 2011 | -- | $341,896 +0.8% |
| 2010 | -- | $339,342 -0.2% |
| 2009 | -- | $340,150 +2% |
| 2008 | -- | $333,481 +2% |
| 2007 | -- | $326,943 +2% |
| 2006 | -- | $320,534 |
| 2005 | -- | $320,534 +4% |
| 2004 | -- | $308,089 +1.9% |
| 2003 | -- | $302,443 +2% |
| 2002 | -- | $296,514 +4% |
| 2000 | -- | $285,000 |
Find assessor info on the county website
Monthly payment
Est. payment




