Los Angeles, CA 90043,5429 2nd Ave
Los Angeles, CA 90043,5429 2nd Ave
Los Angeles, CA 90043,5429 2nd Ave
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$699,000
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4,922 Sqft Lot
Active

5429 2nd Ave Los Angeles, CA 90043

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Jerry And Rachel Team Hsieh

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25198801

HOA Y/N No

Year Built 1925

Lot Size 4,922 Sqft

Property Sub-Type Duplex

Property Description

Investor's Dream in Prime Los Angeles Location!

A great opportunity to own a two-story duplex in the heart of Los Angeles with incredible upside potential. This 1,714 sq. ft. multi-family property sits on a generous 4,923 sq. ft. lot and features 4 bedrooms and 2 bathrooms split between two units. Originally built in 1925, the property carries classic charm with room for modern upgrades. What makes this property stand out? It is zoned for up to 4 units, offering investors, developers, or owner-occupiers the chance to expand, renovate, or redevelop to maximize income potential. With its central location, tenants will enjoy easy access to local dining, shopping, transportation, and all that LA has to offer. This property has not been sold since 1983, making it a true value-add opportunity for those ready to bring vision and creativity.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Curbs

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5005002029

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard


CRMLS – RECore
Listed by MEAGAN WRIGHT CENTURY 21 PRIMETIME REALTORS 909-549-6462

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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5429 2nd Ave