new - 6 days on rocket

1407 5th Ave, Los Angeles, CA, 90019

$1,380,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1407 5th Ave, Los Angeles$1,380,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1910
HeatingNatural Gas
CoolingNone
BasementYes
FireplaceNone
ViewNeighborhood
MLS #SR24228652
Lot Size0.17 Acres
StatusActive

About 1407 5th Ave

Discover this beautifully updated 1910 duplex, offering both historic character and modern upgrades. This spacious property features two units totaling 2,509 sqft on a 7,501 sqft lot, with recent improvements for comfort and convenience. Both bathrooms have been fully remodeled, and the upstairs unit now has a new kitchen sink and counters, complemented by updated flooring throughout. Additionally, the duplex has been equipped with a new electrical meter, and the plumbing has been upgraded with new copper pipes. Bonus features include a basement with approximately 350 sqft—perfect for storage or future enhancement. Located just minutes from Koreatown’s vibrant scene and major transit routes, this property combines prime location, modern updates, and income potential. Ideal for investors or owner-occupants looking for rental income.v

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 3

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 310-6999
  • Listing Agent: Marlon Ramos Garcia

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: East on pico south on 5th ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,380,000

Tax Information:

  • Annual Amount: $13,026
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1407 5th Ave vs Los Angeles

6 DAYS ON ROCKET

-32 Days

$1,380,000

+$356.5K More

KEY TAKEAWAY

This property is $356.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24228652

Listing Office:

  • Office Name: Luxury Collective
  • Office Phone: (818) 310-6999
  • Listing Agent: Marlon Ramos Garcia

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2020Home Sold
$1,060,000
Jun 06, 2012Home Sold
$380,000
Jun 16, 2005Home Sold
$820,000
Nov 20, 2002Home Sold
$336,000
Mar 05, 1998Home Sold
$195,000
Apr 25, 1995Home Sold
$134,000
Mar 09, 1989Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,026$1,070,981
2020$5,461$436,425
2019$5,318$427,869
2018$5,208$419,480
2017$5,208$411,255

History based on county public records data.

Payment Calculator

$6,955

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,204

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-344708
4
/10

  • City Language Immersion Charter

  • 4001 Venice Blvd

  • 0.19 miles

  • Public Charter Grades KG-5

school-card-donut-344709
7
/10

  • Global Education Academy 2

  • 1717 7th Ave

  • 0.31 miles

  • Public Charter Grades KG-5

school-card-donut-344710
4
/10

  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.35 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,949. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90019›1407 5th Ave

This home is located at 1407 5th Ave in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. This home, which was built in 1910, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,380,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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