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Off market
  • $1,103,400

    2511 W 5th St, Los Angeles, CA 90057

    2beds
    0baths
    1,782sqft
    MultiFamily
    Built in 1951
    -- sqft lot
    $1,103,400 Zestimate®
    $619/sqft
    $2,529 Estimated rent

    Home value

    $1,103,400

    $1.05M - $1.16M

    $2,529/mo

    Zestimate® history
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    Rent Zestimate®

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    $7,202/mo

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    $7,202/mo

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    What's special

    Income-producing duplex in up-and-coming MacArthur Park neighborhood! This charming property consists of 2 units each with 1 bedroom and 1 bathroom, plus there is a non-conforming studio space with kitchenette and bathroom. Located on a quiet cul-de-sac in a rapidly developing neighborhood between Koreatown and Downtown Los Angeles, with multiple new luxury buildings being constructed in the surrounding areas, there is potential for appreciation and value-add opportunities. Additional features include 3 fireplaces, wood-panel built-in shelving, 2 single-car garages, 2 sets of laundry hookups, new fencing and lush landscaping for privacy, shared outdoor patio space, and new security camera. This lovely duplex is a great opportunity to own an income-producing investment property with upside potential.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    • Laundry: Other
    Features
    • Flooring: Tile, Hardwood
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total interior livable area: 1,782 sqft

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,613 Square Feet
    Details
    • Parcel number: 5155031028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1951

    Community & HOA

    Community
    • Security: Gated, Other
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $619/sqft
    • Tax assessed value: $795,906
    • Annual tax amount: $9,715

    Price history

    DateEventPrice
    3/9/2023Listing removed$825,000+10%$463/sqft
    Source: CLAW #22-115475 Report a problem
    3/8/2022Sold$750,000-9.1%$421/sqft
    Source: Public Record Report a problem
    2/7/2022Pending sale$825,000$463/sqft
    Source: Douglas Elliman #22115475 Report a problem
    1/27/2022Listed for sale$825,000$463/sqft
    Source: Douglas Elliman #22115475 Report a problem
    1/26/2022Contingent$825,000-7.2%$463/sqft
    Source: CLAW #22-115475 Report a problem
    1/6/2022Listed for sale$889,000+229.3%$499/sqft
    Source: CLAW #22115475 Report a problem
    6/15/2009Sold$270,000+1.9%$152/sqft
    Source: Public Record Report a problem
    4/8/2009Listed for sale$264,900+3.3%$149/sqft
    Source: Listhub #F1804135 Report a problem
    9/19/2008Sold$256,379+5027.6%$144/sqft
    Source: Public Record Report a problem
    8/31/2007Sold$5,000-99.2%$3/sqft
    Source: Public Record Report a problem
    4/26/2005Sold$630,000+160.3%$354/sqft
    Source: Public Record Report a problem
    8/1/2002Sold$242,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,715 +1.2%$795,906 +2%
    2024$9,602 +1.9%$780,300 +2%
    2023$9,420 +131.9%$765,000 +133.5%
    2022$4,062 +1.5%$327,629 +2%
    2021$4,001 -0.9%$321,206 +1%
    2020$4,040 $317,914 +2%
    2019$4,040 +4.9%$311,681 +2%
    2018$3,850 $305,570 +2%
    2017$3,850 +2.1%$299,579 +2%
    2016$3,770 +2.7%$293,706 +1.5%
    2015$3,670 +0.8%$289,296 +2%
    2014$3,642 $283,630 +2.5%
    2012-- $276,814 +2%
    2011-- $271,387 +0.8%
    2010-- $269,360 -61.5%
    2009-- $700,000
    2008-- $700,000 +6.8%
    2007-- $655,452 +2%
    2006-- $642,600 +150.6%
    2005-- $256,475 +4%
    2004-- $246,517 +1.9%
    2003-- $242,000 +45.8%
    2002-- $166,000
    2000-- $166,000
    Find assessor info on the county website

    Neighborhood: MacArthur Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,103,400
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    Estimated market value
    $1,103,400