1529 5th Ave

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Address: 1529 5th Ave, Los Angeles, CA 90019, USA
California & West + Apartment Buildings
Created date: August 5, 2026
Date last updated: September 16, 2026
Price: $1,099,000Investment Analyzer NEW!

Property Description

Five Units, Zero Guesswork! Tucked into a well loved corner of the city, this five-unit gem is the kind of property investors dream about, and tenants actually want to stay in. THREE UNITS WILL BE DELIVERED VACANT!! The mix says it all: one spacious 2 bed + den, three classic 1 bedrooms, and one cozy studio. Something for every renter, all under one roof. Step inside any unit and you'll find hardwood floors underfoot, granite countertops in every kitchen, and a full washer/dryer hookup, because nobody wants to haul laundry down the street anymore. Tankless water heaters keep things efficient, and off-street parking means no more circling the block. Every unit is separately metered for water and electricity. Tenants get their OWN DWP bills, and the OWNER PAYS EXACTLY ZERO DOLLARS FOR WATER, POWER, TRASH AND SEWER. That's real, meaningful savings, month after month. Behind the scenes, this building has been cared for the right way: all copper plumbing, all ABS waste lines, and updated electrical throughout. A back storage structure with real ADU potential, a bonus opportunity for the next owner to unlock even more value. Owner covers gas, insurance, grounds, and city registration fees, simple and straightforward. Five units. One smart investment. Endless upside. (NO BALCONIES!!)

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,099,000
No. of Units: 5
Year Built: 1911
Lot Size: 3,293.00 Sq ft
Opportunity Zone: No
Price per unit: $219,800
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 5
Address: 1529 5th Ave, Los Angeles, CA 90019, USA
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Step 4Final Deal Analysis

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