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Five-Unit Apartment Building
New
For Sale
$1,199,000

1529 5th Ave, Los Angeles, CA 90019

Unit mix includes one two-bedroom with den, three one-bedroom units, and a studio.

Property Size3,293 SF
Days on Market7

Property Features for 1529 5th Ave

General Information

Standard status Active
Size 3,293 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 1 x 2BR+den, 3 x 1BR, 1 x studio
Multifamily Units 5

Amenities

hardwood floors
granite countertops
washer/dryer hookup
tankless water heaters
separate water and electric meters

Building Details

Building Size 3,293 SF
Year Built 1911
Buildings 1
Listing Agency: Advantage Real Estate
Listed By: David Rosenfeld · License #01109090
Source: Rochellemaize
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 11:55AM

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 Advantage Real Estate

Investment Insights

Based on property information with market context.

This apartment property contains five units with a varied configuration: one two-bedroom residence with a den, three one-bedroom units, and one studio. Interior features include hardwood flooring, granite kitchen countertops, and washer and dryer hookups in each unit. Tankless water heaters serve the apartments, while off-street parking supports resident use.

The building was constructed in 1911 and includes separate metering for water and electricity, allowing tenants to receive those utility bills directly. Ownership responsibilities include gas, insurance, grounds maintenance, and city registration fees. Property improvements include copper plumbing, ABS waste lines, and updated electrical systems throughout. A rear storage structure is also present and is identified as having ADU potential.

Key Highlights

  • Five units: one 2 bed + den, three 1‑bedroom units, and one studio
  • Hardwood floors and granite countertops in every unit
  • Washer/dryer hookups and tankless water heaters in all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Travel Agency Butcher Restaurant

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

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?
Apartment building - Unit mix includes one two-bedroom with den, three one-bedroom units, and a studio.
Where is this apartment building located?
The property is located at 1529 5th Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Five units: one 2 bed + den, three 1‑bedroom units, and one studio; Hardwood floors and granite countertops in every unit; Washer/dryer hookups and tankless water heaters in all units
More about this property
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