2555 W  5th St, Los Angeles, CA 90057
SOLDAPR 15, 2024
Listed by Theresa La Roche, Keller Williams Realty, (562) 902-5100 . Bought with Keller Williams Realty

2555 W 5th St
Los Angeles, CA 90057

MacArthur Park
  • 4 Beds
  • 4 Baths
  • 2,968 sqft (on 0.30 acres)
  • 4 Beds
  • 4 Baths
  • 2,968 sqft (on 0.30 acres)

$1,220,000

Last Sold: Apr 15, 2024
10% below list $1.35M
$411/sqft
Est. Refi. Payment $7,813/mo*

Homes for Sale Near 2555 W 5th St

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 15, 2024
Check out the aerial drone video!!! Seize the moment to revive the charm of this hidden treasure offering breathtaking views of Los Angeles' iconic Hollywood Sign and the Griffith Observatory. Situated on a cul-de-sac near MacArthur Park, this unique 3-unit property boasts 4 bedrooms and 4 bathrooms, sprawled across its generous nearly 13,000 square foot lot. With a detached studio, main residence with studio basement, and a pool house, this property once graced the pages of House Beautiful Magazine in 1943 and presents an unparalleled canvas for transformation into a contemporary masterpiece. Step inside the gates of this property into a picturesque courtyard. The detached front studio complete with its own kitchen and bathroom, features its own address. The main residence, with 2 bedrooms and 2 bathrooms, sits nestled in the heart of the property. It retains its original design, decorative crown molding, wainscotting throughout, a formal dining room with connected breezeway, as well as a bay window and fireplace in the living room. One bedroom boasts a deck with panoramic neighborhood views, while the other features a cozy bookshelf-lined niche and view of the pool area. Beneath the main house lies a studio basement complete with its own kitchen, bathroom, and an adjacent covered patio. The in-ground pool is in need of rejuvenation and the accompanying pool house doubles as guest quarters. The property additionally features a single-car garage and ample parking space at the top of the driveway. Located in the vibrant Westlake area surrounded by burgeoning development, this property presents numerous opportunities for investors. Just moments from Downtown Los Angeles, MacArthur Park, Korea Town, and local markets, it offers convenient access to the best of city living. Don't miss the chance to transform this property into your vision of perfection.

Home Highlights

Parking
1 Car Garage
Outdoor
Pool
A/C
Contact Manager
HOA
None
Price/Sqft
$411/sqft
Listed
28 days ago

Home Details for 2555 W 5th St

Interior Features

Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (three quarters): 4Number of Bathrooms (main level): 4
Dimensions and Layout
Living Area: 2968 Square Feet
Appliances & Utilities
Appliances: NoneLaundry: None
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Fireplace: Living Room, See RemarksSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front
View
Has a ViewView: Mountain(s), Neighborhood, Pool, See Remarks

Exterior Features

Exterior Home Features
Foundation: BasementHas a Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Auto Driveway Gate,Driveway,Garage,See Remarks
Pool
Pool: Private, In GroundPool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Unknown
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1936
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 5155031023

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $411/sqft
Status Change & Dates
Off Market Date: Fri Mar 29 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Los Angeles
School Information
High School District: See Remarks

Community

Community Features: Curbs, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOA

Lot Information

Lot Area: 0.30 acres

Listing Info

Special Conditions: Probate Listing

Offer

Listing Terms: Down Payment Resource

Compensation

Buyer Agency Commission: 2Buyer 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: PW24050722Attribution Contact: 562-907-9900

Additional Information

CurbsSidewalks
Last check for updates: about 3 hours ago
Listed by Theresa La Roche DRE #00815018, (562) 907-9900
Keller Williams Realty
Bought with: Karla Telleria DRE #02042318, Keller Williams Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24050722

Price History for 2555 W 5th St

DatePriceEventSource
04/15/2024$1,220,000Sold
CRMLS #PW24050722
03/29/2024$1,350,000PendingCRMLS #PW24050722
03/15/2024$1,350,000Listed For SaleCRMLS #PW24050722
01/02/2015$975,000Sold
N/A
02/14/1995$277,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$14,016
Assessment$1,126,293
Home facts updated by county records

Comparable Sales for 2555 W 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$960,000
03/14/24
4
4
3,390
0.33
Multi-Family Home
$1,050,000
12/07/23
4
2
2,345
0.38
Multi-Family Home
$975,000
03/01/24
5
5
3,328
0.10
Multi-Family Home
$1,270,000
09/11/23
6
8
6,558
0.46
Multi-Family Home
$1,300,000
11/06/23
7
5
4,291
0.72
Multi-Family Home
$995,000
02/12/24
4
4
3,184
0.63
Multi-Family Home
$1,300,000
04/12/24
7
4
4,524
0.63
Multi-Family Home
$1,169,000
05/26/23
9
6
2,926

Assigned Schools

These are the assigned schools for 2555 W 5th St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

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

What Locals Say about MacArthur Park

  • Emerson Herrera
    "Sad sad sad neighborhood infested with bugs and horrible homelessness Crisis Prices are ridiculous but owners don’t take care of their buildings "
    0
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  • Gyasi Wingo-smith
    "It’s the city, so be aware of all of your surroundings. Be familiar with your route. Stay with your children at all times."
    1
    Flag
  • Josue Gonzalez
    "There is so much crime in this area a lot of homeless people I don’t think people can’t feel safe in this place "
    0
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  • Kerry L.
    "If the county would do something with the area, it will be much more suitable area for anyone to live. I am not a poor person even though they classify as the poorest area in Los Angeles. But I can tell you. They could definitely do a better job. But the police don't do nothing. It's gonna take community standing up to have something done."
    6
    Flag
  • Trulia User
    "little green space, except for at the law school. few people pick up after their dogs. but there are a lot of dogs in this area that are very friendly and socialized"
    0
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  • Trulia User
    "There are pieces of trash/broken glass/furniture outside on the streets. Prefer to take my dog elsewhere for a walk."
    0
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  • Trulia User
    "it's calm yet dangerous. you can walk to stores with a calm mind and you'll be safe with all the noises occurring around."
    2
    Flag
  • Trulia User
    "Have a lot homeless camping, dirty and no have street clean, dangerous for walking alone definitely I don’t recommend this neighborhood "
    1
    Flag
  • Trulia User
    "this area has a high crime rate. the crimes are usually shootings, violence, burglaries, assaults, etc. "
    0
    Flag
  • Trulia User
    "The commute here isn't too bad, but I usually leave around 10am so my experience probably isn't typical."
    0
    Flag
  • Aaronyee9000 E.
    "Not a safe area for kids to be outside to play. Kids should be under parental supervision at all times when Outside. Not a recommended area to move into"
    7
    Flag
  • Aaronyee9000 E.
    "Bad area to live. Smells bad crazy people everywhere people don’t pick up after their dogs. Not recommended to live. "
    34
    Flag
  • Jasmine J.
    "There are no community events as such. Sometimes there will be free open-air concerts by MacArthur Lake but that’s about it. "
    0
    Flag
  • Joeycresce
    "Very rough area. I wish it was sanitized better, park has a lot of potential. Lived here about a year. I like the public transportation option and convenient location."
    35
    Flag
  • Lucia C.
    "not nice very dirty. homeless everywhere, crazy people everywhere. don't feel safe here, don't recommend"
    29
    Flag
  • Trulia User
    "Parking is an issue all over LA as a whole when living in apartments. You can manage a spot but sometimes the waiting game can take 15 minutes or more. "
    4
    Flag
  • Lucia C.
    "certain parts are nice and certain parts aren't. many homeless around especially at the park. messy and unsanitary "
    2
    Flag
  • Ventura5914
    "this place has many good things but there are many homeless people and they tend to take up sidewalks with their things. but they don't really bother anyone. "
    2
    Flag
  • Elizabeth L.
    "There's many people walking on the side walk at once and tgere isn't much space to walk a dog at a good distance from yourself. Also, several people tend to be scared of larger dogs here as they have children."
    0
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  • Emily L.
    "Honestly, I don't mean to disrespect anyone but there is nothing unique about MacArthur Park any longer. Its not a safe place for children to grow up in and if you're looking for a calm place where you feel secure, then many of us who have lived here do not recommend it."
    23
    Flag
  • Thetimeisgrey
    "It’s dirty and gentrification doesn’t seem to happen. I have been living there for almost 8 years. It didn’t get better, just more expensive."
    20
    Flag
  • Marquis M.
    "Parking is the MOST difficult thing about living here. Once I had to park about half a mile away from my house in order to find a parking spot. "
    3
    Flag
  • Thetimeisgrey
    "Small carnivals in the summer and the summer concerts at the park every weekends from Thursday to Sunday night."
    2
    Flag
  • Teamtiaramonet
    "Dogs are friendly but there is so much feces and urine from the dogs and homeless ppl near and migrating."
    2
    Flag
  • Angel G.
    "Owners don't pick up after their animals when walking their dogs it's very rude. Aside from that there are nice people in the neighborhood "
    2
    Flag
  • Lizy R.
    "I’m a New Yorker transplant and have found the buses and trains to be super convenient and plentiful in k town."
    1
    Flag
  • Juanmacias138
    "Great for having your pets many dogs around to interact with your dog and make buddies as well as a lot of taco stands "
    1
    Flag
  • Iris M.
    "There are really no areas to walk your dog, it’s really dirty and you can find a lot hazards for your pet like needles left used by the homeless. "
    2
    Flag
  • Lesli G.
    "18 years ago this neighborhood was pretty scary to go out at night. But now it’s very calm every now and then there’s one homeless person by themselves screaming. For no reason but no car damage or robberies happening "
    2
    Flag
  • Oscar G.
    "My neighborhood is not dangerous but there is a bit of homeless people around. Not necessarily the cleanest. "
    0
    Flag
  • Jason
    "Not a safe neighborhood. Definitely would not raise a family here. Very dangerous, and even unbearable at times. Do not recommend living here."
    5
    Flag
  • Alexmoguel272727
    "Dirty and unsafe homeless drug dealers and crackheads I do not recommend this area at all ............"
    0
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  • Victoria A.
    "You see people walking their dogs all the time here; mostly small dogs. It seems to be a pretty pet-friendly neighborhood. Although I would use caution walking after dark. "
    0
    Flag
  • Jennifer O.
    "Pico Union is in a great location, close to Silverlake, DTLA, Koreatown, etc. It’s definitely growing and is one of the last areas in LA that won’t cost you an arm to rent. That being said, it’s not the safest neighborhood. I don’t like being out after dark. Parking sucks so find a building that has it. "
    0
    Flag

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 2555 W 5th St

Off Market Homes Near 2555 W 5th St

2555 W 5th St, Los Angeles, CA 90057 is a 4 bedroom, 4 bathroom, 2,968 sqft multi-family built in 1936. 2555 W 5th St is located in MacArthur Park, Los Angeles. This property is not currently available for sale. 2555 W 5th St was last sold on Apr 15, 2024 for $1,220,000 (10% lower than the asking price of $1,350,000). The current Trulia Estimate for 2555 W 5th St is $1,220,300.