Building Details

Building Size 5,088 SF

Year Built 1915

Stories 2

Listing Agency: The Kasa Agency Inc.

Listed By: Christopher Mafnas · License #02190111

Source: Truthrealty

Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 8:25AM

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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 The Kasa Agency Inc.

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Investment Insights

Based on property information with market context.

This four-unit multifamily property in Los Angeles comprises a two-story building constructed in 1915. The building contains 5,088 square feet and sits on an approximately 8,102-square-foot lot.

Key Highlights

• Four‑unit residential property
• 5,088‑square‑foot building
• Approximately 8,102‑square‑foot lot

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Supermarket Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,818

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four residences occupy a multifamily property in Los Angeles.

Where is this quadplex located?

The property is located at 1244 5th Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Four‑unit residential property; 5,088‑square‑foot building; Approximately 8,102‑square‑foot lot