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    1330 W 5Th St Los Angeles, CA 90017

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    For Sale
    $5,950,000

    30,971 SF land suitable for multi-family development.

    Property size:
    30,971 SF
    Lot size:
    0.71 Acres

    Property Features for 1330 W 5Th St

    General Information

    Size
    30,971 SF
    Lot size
    0.71 Acres

    Source: Kidder Mathews Agent John Anthony

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Development Opportunity

    This property features 30,971 square feet of land, presenting a prime opportunity for affordable housing development. The site is currently improved with a three-level parking structure that accommodates a total of 319 spaces. It is entitled and nearing Ready-To-Issue (RTI) status for a 142-unit market-rate multi-family project. The location offers immediate access to major public transit options.
    Insight Report Location Intelligence

    Current Use by Public Records

    1111-1125 W 6th ... Parking Lot

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2625393
    Latitude
    34.0552182

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    FAQs

    What type of property is this?
    Land - 30,971 SF land suitable for multi-family development.
    Where is this land located?
    The property is located at 1330 W 5Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - Entitled & Nearing RTI For a 142 Unit Market-Rate Multi-Family Project; - Prime Affordable Housing Development Opportunity; - **Currently Improved w/ a 3 Level Parking Structure Totaling 319 Spaces**
    (213) 421-1400
    Request Owner's contact information
    1330 W 5Th St Los Angeles, CA 90017
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    Los Angeles, CA 90017
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1330 W 5Th St Los Angeles, CA 90017
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