1529 5th Avenue, Los Angeles, CA 90019

• 3,293 sqft

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!!)

Listing Status:

Active

Date Added:

August 4, 2026

Data Last Updated:

August 24, 2026 at 7:08AM

Listing Office:

Advantage Real Estate : 310-450-4488

Listing Agent:

David Rosenfeld : 424-293-1266

MLS ID:

CL26868043

Interior

• Laundry: Other
• Flooring: Wood
• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: None

Location

• County: Los Angeles

Lot

• Zoning: LARD25072019007

Utilities

• Water: Other