1407 5th Ave, Los Angeles, CA 90019
FOR SALE

1407 5th Ave
Los Angeles, CA 90019

Arlington Heights
  • 6 Beds
  • 4 Baths
  • 2,509 sqft
  • 6 Beds
  • 4 Baths
  • 2,509 sqft

$1,380,000

Est. Mortgage $8,776/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Craftsman-style duplex nestled in the vibrant and up-and-coming Arlington Heights neighborhood of Los Angeles. This exceptional 2-unit income property offers a rare opportunity to own in one of LA's most desirable areas. Investors and owner-users will discover a potential value-add opportunity to add Accessory Dwelling Unit (ADU) at the rear of the property on this large 7,500SF lot that is currently being underutilized. Situated in the heart of Mid-City, adjacent to the sought-after residential neighborhoods of Lafayette Square and Country Club Park, this property boasts easy access to the I-10 and I-110 freeways, as well as convenient proximity to public transportation, making commuting a breeze. Just minutes away from bustling Koreatown, residents will find themselves surrounded by an abundance of amenities including top-notch dining, entertainment, shopping centers, and more. Property is fully occupied and will be delivered with tenants.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$550
Listed
31 days ago

Home Details for 1407 5th Ave

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2509 Square Feet
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other
Fireplace & Spa
Spa: None
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
Security
Security: Gated, Smoke Detector(s), Carbon Monoxide Detector(s), Window Bars

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Open,Side By Side
Pool
Pool: None
Frontage
Waterfront: NoneNot on Waterfront

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,380,000Price Per Sqft: $550

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-373547

Building

Building Area
Building Area: 2509 Square Feet

Lot Information

Lot Area: 7501.032 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-373547
Last check for updates: about 15 hours ago
Listing courtesy of Susan Lau DRE # 01516710, (213) 220-5466
Coldwell Banker Realty, (310) 820-6651
Wasim Khoury DRE # 02153399, (508) 395-6052
Coldwell Banker Realty, (310) 820-6651
Source: CLAW, MLS#24-373547

Price History for 1407 5th Ave

DatePriceEventSource
03/28/2024$1,380,000Listed For SaleCLAW #24-373547
06/22/2021ListingRemovedCRMLS #TR20224706
01/15/2021ListingRemovedCRMLS
10/24/2020$1,190,000Listed For SaleAgent Provided
02/10/2020$1,060,000Sold
CLAW #19471778
01/24/2020$1,099,900PendingToActiveAgent Provided
01/24/2020$1,099,900PendingAgent Provided
08/02/2019$1,099,900PriceChange
Agent Provided
05/30/2019$1,145,000Listed For SaleAgent Provided
10/10/2015$789,000ListingRemovedAgent Provided
09/15/2015$789,000Listed For SaleAgent Provided
08/01/2015$750,000ListingRemovedAgent Provided
03/29/2015$750,000Listed For SaleAgent Provided
09/30/2012$380,000Sold
CLAW #10489367
06/06/2012$380,000Sold
N/A
07/02/2011$440,000ListingRemovedAgent Provided
06/04/2011$440,000PriceChange
Agent Provided
03/02/2011$4,900,002PriceChange
Agent Provided
02/25/2011$490,000Listed For SaleAgent Provided
11/26/2010$490,000ListingRemovedAgent Provided
11/23/2010$490,000Listed For SaleAgent Provided
06/16/2005$820,000Sold
N/A
11/20/2002$336,000Sold
N/A
03/05/1998$195,000Sold
N/A
04/25/1995$134,000Sold
N/A
12/10/1993$180,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$13,828
Assessment$1,114,246
Home facts updated by county records

Comparable Sales for 1407 5th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Multi-Family Home
$1,066,000
03/18/24
6
6
2,760
0.33
Multi-Family Home
$1,030,000
09/08/23
4
4
2,016
0.13
Multi-Family Home
$1,500,000
03/29/24
8
4
5,066
0.43
Multi-Family Home
$1,230,000
09/15/23
4
4
3,098
0.45
Multi-Family Home
$1,100,000
05/10/23
4
4
3,792
0.33
Multi-Family Home
$1,400,000
03/29/24
8
4
6,516
0.53
Multi-Family Home
$850,000
03/19/24
5
5
3,436
0.15
Multi-Family Home
$1,750,000
10/12/23
9
9
4,184
0.41
Multi-Family Home
$925,000
09/07/23
4
2
2,314

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Arlington Heights

  • Trulia User
    "There are amazing food stands and trucks everywhere. every demographic is well represented, unpretentious comfortable and casual"
    0
    Flag
  • gtuck421
    "Quiet neighborhood. Changing for the better. Very convenient to get anywhere in the city from this central location. "
    1
    Flag
  • Julio L.
    "This neighborhood is noisy. Lots of fireworks and parties. It’s relatively safe to walk at night, but I’d much rather live in a quieter neighborhood. "
    4
    Flag
  • Daniela_rios123
    "since I've moved here we have no community events. we don't have a neighborhood watch. but it is a calm nice area to raise a family "
    1
    Flag
  • Luis R.
    "Trash around my neighborhood and it is bad for the owners dog, and also there a lot of crazy people around"
    2
    Flag
  • Jessica F. .
    "I hate it actually. It’s loud and chaotic at all Hours of the day and night. People don’t pick up after themselves or their animals. It is dirty and depressing. "
    15
    Flag
  • Gabriela
    "None. trash at every corner, no crosswalks between main streets, lot a of now slow paced construction. old abandoned homes. dirty so so dirty! "
    0
    Flag
  • Mcneto1990
    "the area its good but the only big problem is that naibors always reserve the parking for 2 cars they block the spots so they could park onother car so when you trying to park ur car you take like 20 to 30 min to found a parking and plis dont know why and who scratch the car they so bad people's when they do that :( ."
    11
    Flag
  • Matoaka N.
    " It's a perfect blend of age ranges for the kids and for adults. Great that you can walk for most of the household groceries at nearby stores. "
    2
    Flag

LGBTQ Local Legal Protections

Susan Lau, Coldwell Banker Realty
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1407 5th Ave, Los Angeles, CA 90019 is a 6 bedroom, 4 bathroom, 2,509 sqft multi-family built in 1910. 1407 5th Ave is located in Arlington Heights, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 28, 2024. The MLS # for this home is MLS# 24-373547.