Great investment opportunity in Los Angeles! This property features two units and a detached 2-car garage with potential for ADU conversion to generate additional income. The front unit includes 3 bedrooms and 1 bathroom, while the back unit offers 2 bedrooms and 1 bathroom. The detached garage provides added flexibility for future development. Conveniently located near Van Ness Park and Metro Station Division 5, the property offers easy access to USC, Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park, with quick connectivity to the 110 Freeway. This is an ideal opportunity for investors or homeowners looking to maximize rental income in a prime location.
Sold for $710,000
Listed by: United Real Estate Pacific States • Jesus Flores • Contact: 323-928-1488
Bought with: First Team Real Estate
$710,000
5723 2nd Ave, Los Angeles, CA 90043
5beds
2baths
1,808sqft
Duplex
Built in 1920
-- sqft lot
$706,300 Zestimate®
$393/sqft
$2,990 Estimated rent
Home value
$706,300
$636,000 - $784,000
$2,990/mo
Zestimate® history
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$4,594/mo
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Zillow last checked:
Listing updated:
Listed by:
Jesus Flores DRE #01989361 323-928-1488,
United Real Estate Pacific States
Bought with:
Josey Andrade, DRE #01275662
First Team Real Estate
Source: CRMLS,MLS#: DW25017422
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Appliances
- Laundry: In Garage
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,808
- Total interior livable area: 1,808 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
Lot
- Size: 4,924 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5005001029
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $393/sqft
- Tax assessed value: $657,948
- Annual tax amount: $8,183
- Date on market: 1/24/2025
- Cumulative days on market: 65 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $710,000+14.5%$393/sqft |
Source:  CRMLS #DW25017422 Report a problem | ||
| 10/13/2021 | Sold | $620,000+1.6%$343/sqft |
Source: Public Record Report a problem | ||
| 6/12/2021 | Pending sale | $610,000+117.9%$337/sqft |
Source: CRMLS #DW21091333 Report a problem | ||
| 4/25/2014 | Sold | $280,000+31.1%$155/sqft |
Source: Public Record Report a problem | ||
| 11/9/2010 | Sold | $213,500-0.7%$118/sqft |
Source: Public Record Report a problem | ||
| 8/28/2010 | Listed for sale | $215,000-12.2%$119/sqft |
Source: RE/MAX Grand Central #F1854563 Report a problem | ||
| 3/1/2010 | Listing removed | $245,000$136/sqft |
Source: Re/Max Grand Central #F1834529 Report a problem | ||
| 2/27/2010 | Listed for sale | $245,000+53.1%$136/sqft |
Source: Re/Max Grand Central #F1834529 Report a problem | ||
| 12/17/2001 | Sold | $160,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,183 +1.3% | $657,948 +2% |
| 2024 | $8,077 +1.9% | $645,048 +2% |
| 2023 | $7,927 +4.8% | $632,400 +2% |
| 2022 | $7,567 +47.9% | $620,000 +52.1% |
| 2021 | $5,116 -0.9% | $407,696 +1% |
| 2020 | $5,165 | $403,517 +2% |
| 2019 | $5,165 +6.1% | $395,606 +2% |
| 2018 | $4,867 | $387,850 +2% |
| 2017 | $4,867 +2.1% | $380,246 +2% |
| 2016 | $4,765 +2.6% | $372,791 +1.5% |
| 2015 | $4,644 +57.7% | $367,192 +64.2% |
| 2014 | $2,944 | $223,654 +2.5% |
| 2012 | -- | $218,280 +2% |
| 2011 | -- | $214,000 +16.9% |
| 2010 | -- | $183,109 +5.9% |
| 2006 | -- | $172,960 |
| 2005 | -- | $172,960 +4% |
| 2004 | -- | $166,246 +1.9% |
| 2003 | -- | $163,200 +2% |
| 2002 | -- | $160,000 +467.2% |
| 2000 | -- | $28,210 |
Find assessor info on the county website
Neighborhood: Park Mesa Heights
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Nearby schools
GreatSchools rating
- 4/10Angeles Mesa Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Horace Mann Ucla CommunityGrades: 6-12Distance: 1 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 0.6 mi
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Estimated market value
$706,300
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Estimated market value
$706,300
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