247 5th Ave

Los Angeles, CA 90291
  • $1,250,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,708

    SqFt

About the Listing X82195 - C141551

245 5th Avenue, a duplex in the heart of Venice blocks from the sand. Built in 1947 and owned by the same family for over forty years, this building presents a rare opportunity to own in one of the trendiest pockets in the city of Los Angeles. The offering is priced at $625,000 per unit and $731.85 per square foot. This is being sold concurrently with the fourplex at 315 Rose Avenue a few blocks West (they do not need to be purchased together). The property totals approximately 1,708 square feet of living space on a 4,185 SF LARD2 lot and features a unit mix of (2) 2BR/1BA units. The units average 854 square feet each, and are both currently tenant-occupied. There is a rear garage with space for (2) cars that is being used as shared storage by tenants. The roof of the duplex was replaced in the last five years, and the plumbing partially upgraded to copper in the last fifteen years. Most of the windows were replaced and upgraded to vinyl throughout as well, and each unit has its own washer and dryer. 245 5th Ave benefits from the proximity to popular dining and retail along Abbot Kinney and Main St, creating strong rental demand for this neighborhood.

Listing Highlights

Status Pending
Days on Site 14
Property Type Multi-Family
MLS ® 26862701
Year Built 1947
Total Square Footage 1,708
Lot/Acreage 0.1
County Los Angeles

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
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  • Floor:
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  • Below Ground Sq Ft: n/a
  • Basement:
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Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: LARD2
  • Roof:
  • Others:
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  • Parking Features: Detached,Garage - 2 Car

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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247 5th Ave Los Angeles, CA 90291

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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