Development Opportunity in Los
For Sale
$2,450,000
1121 5th Ave, Los Angeles, CA 90019
Large lot zoned for up to 9 units and 2 ADUs.
Property Size4,669 SF
Lot Size0.33 Acres
Days on Market153
Property Features for 1121 5th Ave
General Information
Standard status
Active
Size
4,669 SF
Lot size
0.33 Acres
Property subtype
Investment
Building Details
Building Size
4,669 SF
Year Built
1948
Units
3
Listing Agency:
Trans United R.E. & Loans
(661) 932-5117
Listed By:
Alan Cruz · License #01518829
(661) 932-5117
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 15 at 11:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trans United R.E. & Loans
Investment Insights
Based on property information with market context.
Available for the first time in over 25 years, this property at 1121 5th Ave, Los Angeles CA 90019 presents an opportunity for passive income. Zoned LARD1.5, the property allows for the construction of up to 9 units and 2 Accessory Dwelling Units (ADUs), as verified with Building and Safety, on a large lot. The property is located in a neighborhood with convenient access to shopping, restaurants, schools, parks, public transportation, and the freeway. Current tenants are paying below-market rent.
Key Highlights
- Zoned LARD1.5 allowing for development of up to 9 units and 2 ADUs.
- Large lot in a high‑demand Los Angeles neighborhood, ideal for development.
- Passive income opportunity with existing tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large lot zoned for up to 9 units and 2 ADUs.
Where is this residential land & home lot located?
The property is located at 1121 5th Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Zoned LARD1.5 allowing for development of up to 9 units and 2 ADUs.; Large lot in a high‑demand Los Angeles neighborhood, ideal for development.; Passive income opportunity with existing tenants.
