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1516 5TH Ave

Los Angeles, CA 90019
  • $2,995,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 22-152569
UPDATED: 19 min ago
$2,995,000
  • 14
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,115
    SQFT
  • $586
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2020
County:

School Ratings & Info

Description

This fabulous NEW Modern Craftsman 4-Plex is not your usual 4-Plex. We designed this build along the lines of those beautiful $4 million plus sfr homes you see in West Hollywood and Beverly Hills. A truly unique property that has tons of style. All units have open plan living - kitchen areas, great for entertaining. Two tone white and navy blue shaker cabinets along with stainless Samsung appliances. There are two 4 bed, 3 bath units, one 3 bed, 3 bath unit and one 3 bed, 2 bath unit. Beautiful, large bathrooms with mixed tile styles really bring these units to life. We are always getting offers to sell from potential buyers, this one won't last long. Two units can be delivered vacant.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T22:43:09.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128364401
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1516 5TH Ave Los Angeles, CA 90019

  • Price: $2,995,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 19 min ago
  • MLS #: 22-152569
14
Beds
0
Baths
0
½ Baths
0.16
Acres
5,115
SQFT
$586
$/SQFT
2020
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
This fabulous NEW Modern Craftsman 4-Plex is not your usual 4-Plex. We designed this build along the lines of those beautiful $4 million plus sfr homes you see in West Hollywood and Beverly Hills. A truly unique property that has tons of style. All units have open plan living - kitchen areas, great for entertaining. Two tone white and navy blue shaker cabinets along with stainless Samsung appliances. There are two 4 bed, 3 bath units, one 3 bed, 3 bath unit and one 3 bed, 2 bath unit. Beautiful, large bathrooms with mixed tile styles really bring these units to life. We are always getting offers to sell from potential buyers, this one won't last long. Two units can be delivered vacant.
Exterior Features

Carport Spaces Total 2 Covered Parking 3 Lot Size Area 7000 Other Structures None Parking Garage CarportAttached Style Craftsman Total Parking 8 View Description None View YN No

Interior Features

Baths Total 11.00 Cooling Central Equipment DishwasherDryerGarbage DisposalRange/OvenMicrowaveRefrigeratorWater Line To Refrigerator Heating Central Laundry In Unit

Property Features

Electric Expense 840.00 Gross Income 14300 Gross Operating Income 166452 Insurance Expense 2500.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 127112.00 Number Of Buildings 2 Number Of Units 4 Property Condition New Construction Rent Control YN No Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 39340 Type Of Units Duplex Water Heaters YN Yes Year Built Source Builder Zoning Lard1.5

Listing provided courtesy of Maria Anderson DRE#01874132 of Phoenix Re Consulting.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T22:43:09.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210