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1250 5Th Ave, Los Angeles, CA 90019
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1250 5Th Ave Los Angeles, CA 90019

$2,290,000
  • 25 Beds
  • 20 Baths
  • 5,910 Sq.Ft.
For Sale
$2,290,000 Get Pre-Qualified
Map preview of 1250 5Th Ave, Los Angeles, CA 90019

Property Overview: 1250 5Th Ave Los Angeles, CA has 25 bedrooms, 20 bathrooms, 5,910 living square feet and 8,102 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful remodeled all 4 unit which are condo quality. New hardwood flooring, New granite kitchen counter top, new kitchen cabinet. Highly desirable rental area in Hancock park area. Exceptionally large unit (each unit approx 1500sq) with formal dining area, inside laundry, ample closet space. Buyer is advises to independently verify accuracy of all information through personal inspection & W/appropriate professional. Drive by only Do not disturbed Tenants

Listed by Jae Sung Choi | BRE #01273921 | Ivy Realty Co.
Last checked: 7 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
8,102
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362605
City
Los Angeles
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,249
  • Total Rent: $2,249
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,599
  • Total Rent: $2,599
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $86,956
  • Gross Operating Income: $133,776
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1250 5Th Ave

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Property Details for 1250 5Th Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5081013020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
View more facts & features

Local Los Angeles Agent

Sale History for 1250 5Th Ave

Last sold for $1,895,000 on April 26th, 2018

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: 24362605

    $2,290,000

    Price

  • February, 2024

  • Feb 27, 2024

    Date

    Canceled

    CRMLS: 23231567

    $2,349,000

    Price

  • Jan 10, 2023

    Date

    Active

    CRMLS: 23231567

    $2,349,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2023

  • Jan 11, 2023

    Date

    Canceled

    CRMLS: 22163559

    $2,349,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: 22163559

    $2,349,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 14, 2021

    Date

    Withdrawn

    CRMLS: 21726844

    $2,199,000

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: 21726844

    $2,199,000

    Price

  • May 19, 2021

    Date

    Hold

    CRMLS: 21726844

    $2,199,000

    Price

  • May 3, 2021

    Date

    Active

    CRMLS: 21726844

    $2,199,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful remodeled all 4 unit which are condo quality. New hardwood flooring, New granite kitchen counter top, new kitchen cabinet. Highly desirable rental area in Hancock park area. Exceptionally large unit (each unit approx 1500sq) with formal dining area, inside laundry, ample closet space. Buyer is advises to independently verify accuracy of all information through personal inspection & W/appropriate professional. Drive by only Do not disturbed Tenants.

  • May, 2021

  • May 1, 2021

    Date

    Expired

    CRMLS: 20645560

    $2,190,000

    Price

  • Oct 15, 2020

    Date

    Active

    CRMLS: 20645560

    $2,190,000

    Price

  • Listing provided courtesy of CRMLS

    BEAUTIFUL REMODELED ALL 4UNIT WHICH ARE CONDO QUALITY. UPSTAIR 2 UNIT ARE 3 BED 2 BATH AND DOWN STAIR 2 UNIT ARE 2 BED 2 BATH. HARDWOOD FLOORING,GRNITE KITCHEN COUNTER TOP AND NEW KITCHEN CABINET. HIGHLY DESIRABLE RENTAL AREA IN HANCOCK PARK AREA. EXCEPTIONALLY LARGE UNIT (EACH UNIT 1500SQ) WITH FORMAL DINING AREA, INSIDE LAUNDRY,AMPLE CLOSET SPACE. BUYER IS ADVISED TO INDEPENDENTLY VERIFY ACCURACY OF ALL INFO THROUGH PERSONAL INSPECTION & W/ APPROPRIATE PROFESSIONALS.

  • January, 2021

  • Jan 2, 2021

    Date

    Expired

    CRMLS: 20601032

    $3,099

    Price

  • Aug 20, 2020

    Date

    Withdrawn

    CRMLS: 20601032

    $3,099

    Price

  • Aug 6, 2020

    Date

    Price Change

    CRMLS: 20601032

    $3,099

    Price

  • Jul 8, 2020

    Date

    Active

    CRMLS: 20601032

    $3,299

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous Well maintained Fourplex situated in a Prime Location minutes from Koreatown, Downtown LA, restaurants, shopping and entertainment. This unit was RECENTLY totally Renovated with Gourmet Kitchens and Granite Counter-top with Island, New Plumping, New Electric. Washer & Dryer in each unit. The Unit is in about 1,500sf huge space

  • May, 2018

  • May 1, 2018

    Date

    Sold

    CRMLS: 18314402

    $1,895,000

    Price

  • Apr 17, 2018

    Date

    Pending

    CRMLS: 18314402

    $1,899,000

    Price

  • Mar 6, 2018

    Date

    Active Under Contract

    CRMLS: 18314402

    $1,899,000

    Price

  • Feb 16, 2018

    Date

    Active

    CRMLS: 18314402

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous Well maintained Fourplex situated in a Prime Location minutes from Koreatown, Downtown LA, restaurants, shopping and entertainment. This subjected property is located in HPOZ. Great residential area to live. This property is totally Renovated 3 years ago with Gourmet Kitchens and Granite Counter-top with Island, New Plumping, New Electric. Washer & Dryer in each unit. Each Unit is 1,500sf huge spaces and plenty of space for storage. Excellent Income Property. Perfect for Owner Occupied or Investment. This property is sold "As Is" condition. PLEASE DO NOT DISTURB TENANTS.*** DRIVE BY ONLY.***

  • April, 2018

  • Apr 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,895,000

    Price

  • November, 2012

  • Nov 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

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Tax History for 1250 5Th Ave

Assessed Value (2020): $1,971,558
Year Land Value Improved Value Assessed Value
2020 $1,555,398 $416,160 $1,971,558

Home Value Compared to the Market

This property vs the competition

1250 5Th Ave is listed 83.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $387.48 per/sqft which puts the price per square foot 49.94% lower than the median price per square foot for the city of Los Angeles.

About 1250 5Th Ave

Detailed summary of property

1250 5Th Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 25 bedrooms, 20 bathrooms, roughly 5,910 living square feet, and sits on an approximately 8,102 square foot lot. 1250 5Th Ave was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $2,290,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 83.35% higher than the median priced home. Local competing homes currently for sale include 701 Crenshaw Blvd, 826 S Gramercy Pl and 2404 5th Ave. While the average home in Los Angeles, CA is selling in 94 days, 1250 5Th Ave has a days on market of 65 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1250 5Th Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1250 5Th Ave

Public county record property details
Beds
8
Baths
5
Year built
1916
Sq. Ft.
5,910
Lot Size
8,099
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
88
APN
5081-013-020

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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