3520 W 5th Street
Los Angeles, CA 90020
- – beds
- – baths
- 10,587 sqft
- 10,587 sqft lot
- $216 per sqft
- – on site
3 or More Options - Option 1 - Hold as conventional rental and add 2 ADUs; Option 2 - Develop-Build up to 50 potential units with AB 1287 or 26 units By-Rightbased on R4-2 zoning, Tier 3 TOC Zone. Density Bonus added. Opportunity Zone. (Independently verify with City Planning and/or other planning professionals) (PropertyReport available on request) Option 3 - Hold as conventional rental and develop later. ADU concepts based on a Consultant Schematic. ADU units and associated rents areprojected. The rather conventional 50s exterior belies the interior vintage style. Unit interiors average just under 1500 SF. Most units retain vintage design touches withupdated modern amenities. More like homes than apartments, the units give the sense of being in a charming Hancock Park home. A truly, one-of-a kind building. Oh, anddid I mention it's smack dab in the middle of the Korea Town scene. Short distance to the iconic Chapman Plaza and public transportation. WalkScore.com: 95. Severalexterior virtual pictures including the main photo showing many color options have been added to the photos along with the current interior & exterior property photos. Clickon video links to see drone view. Gross income includes parking, laundry and other income in addition to projected rents for the possibl
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Last updated Nov 9, 2024
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MLS# CL24444893 —
This property is listed in more than one place. See it here, and here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:10587
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Living Area Units:Square Feet
Location
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Directions:5th Street & Kenmore
The Property
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View:City Lights
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View:true
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Property Type:Land
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Property Subtype:Unimproved Land
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Lot Size Area:0.24
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Lot Size Acres:0.24
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Lot Size SqFt:10587
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Lot Size Units:Acres
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Zoning:LAR4
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Parcel Number:5502021007
Listing Agent
- Contact info:
- Agent phone:
- (310) 829-7423
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/2/24
Oct 2, 2024
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Price Changed | BRIDGE | $2,295,000 | -8.0% |
|
9/25/24
Sep 25, 2024
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Listed / Active | BRIDGE | $2,495,000 |
