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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 1,150,000

Est. payment -/mo

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2511 W 5th ST Los Angeles, CA 90057

2,395 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25157926

Construction Status Building Permit,Turnkey

HOA Y/N No

Year Built 1951

Lot Size 2,395 Sqft

Property Sub-Type Duplex

Property Description

Welcome to 2511 W. 5th St, a distinguished piece of architectural character nestled in the dynamic Westlake neighborhood of Los Angeles. Originally constructed in 1951, this multi-family property delivers approximately 1,782sqft of living space across two legal units, ideal for dual occupancy or investment rentals. You're greeted by striking mid-century lines and a timeless facade that make a confident statement on a cul-de-sac near Koreatown and Downtown L.A. Two 1-bedroom, 1-bath units offering private comfortable living spaces, peek-a-boo view of Hollywood sign from upper level deck space, in-unit laundry, dedicated garage parking and there is an underutilized bonus studio, non-conforming but complete with kitchenette and bath. Brimming with potential - approved City plans are ready to convert the bonus studio into a fully permitted Accessory Dwelling Unit (ADU). This property stands out not just for square footage and for ADU potential but for also its architectural presence. Built in the early postwar era, its clean lines and period-modern aesthetic give it a rare appeal in today's market. It's the kind of property that sparks conversation, aesthetic appreciation, and value. Online rent estimates suggest potential rents of up to $3,991/month per unit, underscoring strong rental upside. Strategically positioned between Koreatown and Downtown L.A., the area is undergoing rapid transformation with new luxury projects nearby — positioning this property for meaningful appreciation.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside, In Garage

Exterior

Parking Features Door-Single, Garage Faces Front, Garage, Garage Door Opener, Off Site

Garage Spaces 2.0

Garage Description 2.0

Fence Brick, Wood

Pool None

Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N Yes

View Hills, Peek-A-Boo

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Cul-De-Sac

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Craftsman, Mid-Century Modern, Modern

Level or Stories Three Or More

New Construction No

Construction Status Building Permit,Turnkey

Others

Senior Community No

Tax ID 5155031028

Security Features Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Submit

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Submit

Special Listing Condition Standard

Listed by Daniel Casado Casado Real Estate Inc. 562-316-0077

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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