1801 5th Street, Los Angeles, CA 90057
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- MLS#: 25505569 ( )
- Street Address: 1801 5th Street
- Viewed: 1
- Price: $2,260,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1941
- Bldg sqft: 0
- Days On Market: 3
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90057
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Peter Peter
- DMCA Notice
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Description1801 1805 W 5th St. totals 9 unit across two structures, APNs: 5154 024 002 | 5154 024 001, a 1900 duplex at 1801 w 5th St. and a 1941 7 unit located at 1805 W 5th St with attractive zoning and development potential. Offering fantastic development upside as the property sits on a 12,002 sq. ft. double lot zoned LAR4 with TOC Tier 3and TOIA T 2 density bonuses, along with ED1 eligibility. This zoning allows an investor to build up to 63 units by right through the Transit Oriented Incentive Areas (TOIA) Tier 2 designation. The maximum buildable area for the site is 54,009 sq. ft., capped by Floor Area Ratio (FAR), providing significant development potential. The property has had all major systems upgraded in the past 10 years, making this a headache free investment.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Microwave
- Refrigerator
Building Area Total
- 6842.00
Cooling
- Wall/Window Unit(s)
Country
- US
Fireplace Features
- Den
Heating
- Wall Furnace
- Natural Gas
Levels
- Two
Lot Dimensions Source
- Assessor
Netoperatingincome
- 120894.00
Parcel Number
- 5154024001
Parking Features
- Gated
Postalcodeplus4
- 3020
Property Condition
- Updated/Remodeled
Security Features
- Gated Community
- Smoke Detector(s)
Sourcesystemkey
- 25505569:CLAW
Tenant Pays
- Electricity
- Gas
Totalexpenses
- 71249.00
Year Built
- 1941
Zoning
- LAR4