Amazing value add opportunity in smoking hot Jefferson Park! 3 unit building with one vacancy and below market rents. Add your own touches and double the income! The mix is a duplex in the front with 1/1 units, a back house with 2 bed 1 bath, and 2 car garage that would be perfect for an ADU. The vacant unit is a 1 bed that just needs cosmetics and will be ready to rent!Value add projects like this are only getting more and more rare to come by, take advantage of this market and LA's accommodating ADU laws to turn this property into your next cash cow. PLEASE DO NOT DISTURB THE TENANTS OR WALK THE PROPERTY, DRIVE BY ONLY FOR NOW GIVEN MANDATED GUIDELINES!
Sold for $1,021,348
$1,021,348
2911 5th Ave, Los Angeles, CA 90018
4beds
3baths
2,216sqft
MultiFamily
Built in 1924
-- sqft lot
$1,342,800 Zestimate®
$461/sqft
$3,869 Estimated rent
Home value
$1,342,800
$1.28M - $1.41M
$3,869/mo
Zestimate® history
Owner options
List your home for rent
$3,869/mo
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$3,869/mo
Rent Zestimate®
Refinance and save
$6,593/mo
Est. payment
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$6,593/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Cooling
- None
Interior area
- Total interior livable area: 2,216 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 7,505 Square Feet
Details
- Parcel number: 5051018023
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $461/sqft
- Tax assessed value: $263,673
- Annual tax amount: $3,625
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $1,021,348-24.3%$461/sqft |
Source: Public Record Report a problem | ||
| 6/23/2025 | Listed for sale | $1,350,000+14.9%$609/sqft |
Source: | ||
| 6/30/2022 | Listing removed | -- |
Source: | ||
| 4/13/2022 | Listed for sale | $1,175,000+46.9%$530/sqft |
Source: | ||
| 4/16/2020 | Listing removed | $799,995$361/sqft |
Source: Amoove California Test, Inc. #20568342 Report a problem | ||
| 4/1/2020 | Listed for sale | $799,995+357.1%$361/sqft |
Source: Amoove California Test, Inc. #20568342 Report a problem | ||
| 11/3/2000 | Sold | $175,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,625 +2% | $263,673 +2% |
| 2024 | $3,552 +1.7% | $258,504 +2% |
| 2023 | $3,494 +4.3% | $253,436 +2% |
| 2022 | $3,349 +1.6% | $248,468 +2% |
| 2021 | $3,296 -0.8% | $243,597 +1% |
| 2020 | $3,324 | $241,101 +2% |
| 2019 | $3,324 +7% | $236,374 +2% |
| 2018 | $3,107 | $231,740 +2% |
| 2017 | $3,107 +2% | $227,197 +2% |
| 2016 | $3,046 +3% | $222,743 +1.5% |
| 2015 | $2,957 +0.3% | $219,398 +2% |
| 2014 | $2,950 | $215,101 +4.5% |
| 2011 | -- | $205,817 +0.8% |
| 2010 | -- | $204,280 -0.2% |
| 2009 | -- | $204,766 +2% |
| 2008 | -- | $200,752 +2% |
| 2007 | -- | $196,817 +2% |
| 2006 | -- | $192,958 |
| 2005 | -- | $192,958 +4% |
| 2004 | -- | $185,468 +1.9% |
| 2003 | -- | $182,070 +2% |
| 2002 | -- | $178,500 +55.6% |
| 2000 | -- | $114,719 |
Find assessor info on the county website
Neighborhood: Jefferson Park
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Nearby schools
GreatSchools rating
- 3/10Sixth Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,342,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,342,800