Investor's Dream! This multi-family, 4-unit property is a prime investment opportunity. This property features an EXPANSIVE backyard with potential for an ADU or other uses and has 4-single car attached garages. The strategic layout features 2 units on the upper level and 2 units on the ground level. Each spacious unit is 1-bedroom and 1-bathroom, hardwood floors, with a captivating retro vintage aesthetic.
This property boasts skyline views and is located on a secluded cul-de-sac, just minutes from Downtown Los Angeles, Korea Town, and the scenic MacArthur Park. Don't miss out on this rare opportunity in one of the most sought-after neighborhoods. Act now and position yourself for unparalleled success in the thriving Los Angeles real estate market!
Sold for $960,000
Listed by: Keller Williams Realty • Theresa La Roche • Contact: 562-907-9900
Bought with: New Star Realty
$960,000
2527 W 5th St, Los Angeles, CA 90057
4beds
3,390sqft
Quadruplex
Built in 1938
-- sqft lot
$1,438,300 Zestimate®
$283/sqft
$5,363 Estimated rent
Home value
$1,438,300
$1.25M - $1.65M
$5,363/mo
Zestimate® history
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$6,284/mo
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List your homeWhat's special
Hardwood floorsKorea townSpacious unit
Zillow last checked:
Listing updated:
Listed by:
Theresa La Roche DRE #00815018 562-907-9900,
Keller Williams Realty
Bought with:
Jeffrey Park, DRE #01967670
New Star Realty
Min Chung, DRE #01983360
New Star Realty
Source: CRMLS,MLS#: PW23221130
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Living Room
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,390 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Attached garage spaces: 4
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Side of the building
- Pool features: None
- Spa features: None
- Has view: Yes
Lot
- Size: 6,492 Square Feet
- Features: Back Yard, Cul-De-Sac
Details
- Parcel number: 5155031026
- Zoning: LAR3
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $979,200
- Annual tax amount: $12,156
- Date on market: 12/13/2023
- Cumulative days on market: 69 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $960,000-3.5%$283/sqft |
Source:  CRMLS #PW23221130 Report a problem | ||
| 2/21/2024 | Pending sale | $995,000$294/sqft |
Source: CRMLS #PW23221130 Report a problem | ||
| 2/10/2024 | Price change | $995,000-11.6%$294/sqft |
Source: CRMLS #PW23221130 Report a problem | ||
| 1/18/2024 | Price change | $1,125,000-10%$332/sqft |
Source: CRMLS #PW23221130 Report a problem | ||
| 12/14/2023 | Listed for sale | $1,250,000+434.2%$369/sqft |
Source: CRMLS #PW23221130 Report a problem | ||
| 7/26/2001 | Sold | $234,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,156 +167.2% | $979,200 +188.9% |
| 2024 | $4,550 +1.7% | $338,891 +2% |
| 2023 | $4,473 +4.5% | $332,247 +2% |
| 2022 | $4,281 +1.7% | $325,733 +2% |
| 2021 | $4,209 -0.9% | $319,347 +1% |
| 2020 | $4,245 | $316,073 +2% |
| 2019 | $4,245 +5.5% | $309,876 +2% |
| 2018 | $4,022 | $303,801 +2% |
| 2017 | $4,022 +2% | $297,845 +2% |
| 2016 | $3,943 +3.2% | $292,006 +1.5% |
| 2015 | $3,819 +0.5% | $287,621 +2% |
| 2014 | $3,800 | $281,987 +2.5% |
| 2012 | -- | $275,210 +2% |
| 2011 | -- | $269,815 +0.8% |
| 2010 | -- | $267,799 -0.2% |
| 2009 | -- | $268,436 +2% |
| 2008 | -- | $263,173 +2% |
| 2007 | -- | $258,014 +2% |
| 2006 | -- | $252,956 |
| 2005 | -- | $252,956 +4% |
| 2004 | -- | $243,135 +1.9% |
| 2003 | -- | $238,680 +2% |
| 2002 | -- | $234,000 +11.4% |
| 2000 | -- | $210,000 |
Find assessor info on the county website
Neighborhood: MacArthur Park
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Nearby schools
GreatSchools rating
- NALafayette Park Primary CenterGrades: KDistance: 0.3 mi
- 2/10John H. Liechty Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$1,438,300
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Estimated market value
$1,438,300
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