1221 5th Ave Unit 3 Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated payment $8,103/month
Total Views
1,828
4
Beds
4
Baths
4,004
Sq Ft
$350
Price per Sq Ft
Highlights
- Dual Staircase
- No HOA
- Cooling System Mounted To A Wall/Window
- Wood Flooring
- Wood Frame Window
- Turnkey
About This Home
A very rare investment opportunity in the heart of Los Angeles, this quadraplex property at 1221 5th Ave, Los Angeles, CA 90019, offers a blend of urban and city living with a classic charm. Boasting four individual units, each unit provides comfort and functionality, this property is ideal for savvy investors seeking rental income. With each unit having 1 bedroom, 1 den (large size, no closet) and 1 bathroom with the rear of the building having multiple parking spots for each tenant. The well-maintained exterior showcases the timeless architecture of the area, while the interiors feature standard amenities. Conveniently located near shopping, dining, and entertainment, this quadraplex provides residents with easy access to the vibrant and colorful lifestyle of Los Angeles. Don't miss the chance to own this income-generating gem in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,088
Year Built
- Built in 1921
Lot Details
- 7,802 Sq Ft Lot
- 1 Common Wall
- Fenced
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Turnkey
- Cosmetic Repairs Needed
- Flat Roof Shape
Interior Spaces
- 4,004 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Wood Frame Window
- Entryway
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 115
- Tax Tract Number 67
- Assessor Parcel Number 5081008002
- $663 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,088 | $292,810 | $136,643 | $156,167 |
| 2023 | $4,022 | $287,069 | $133,964 | $153,105 |
| 2022 | $3,858 | $281,441 | $131,338 | $150,103 |
| 2021 | $3,786 | $275,923 | $128,763 | $147,160 |
| 2019 | $3,683 | $267,742 | $124,945 | $142,797 |
| 2018 | $3,542 | $262,494 | $122,496 | $139,998 |
| 2016 | $3,350 | $252,303 | $117,741 | $134,562 |
| 2015 | $3,306 | $248,514 | $115,973 | $132,541 |
| 2014 | $3,344 | $243,647 | $113,702 | $129,945 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $1,399,999 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,000 | New Conventional | |
| Closed | $144,600 | Unknown | |
| Closed | $149,400 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25058764
APN: 5081-008-002
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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. 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
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