Tenant-Occupied
For Sale
$1,250,000
Pending
247 5th Ave, Los Angeles, CA 90291
Two-bedroom units offer individual laundry, while a rear garage provides shared tenant storage.
Property Size1,708 SF
Lot Size0.10 Acres
Days on Market13
Property Features for 247 5th Ave
General Information
Standard status
Pending
Size
1,708 SF
Total Parking Spaces
2
Lot size
0.10 Acres
Property subtype
MULTI_FAMILY
Zoning
LARD2
Occupancy
100%
Amenities
washer and dryer
Building Details
Building Size
1,708 SF
Year Built
1947
Buildings
1
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
(310) 230-5157
Listed By:
Jake Glaser · License #02128816
Source:
Jademillsestates
Added: Jul 21
Changed: Aug 2
Last Checked: Aug 2 at 3:50AM
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 Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This Venice duplex contains two tenant-occupied residences, each configured with two bedrooms and one bathroom. The property provides approximately 1,708 square feet of living space on a 4,185 SF LARD2 lot, with units averaging 854 square feet. A rear garage accommodates space for two cars and is currently used as shared storage. Each residence has its own washer and dryer.
Built in 1947, the building has received several updates over time. The roof was replaced in the last five years, plumbing was partially upgraded to copper in the last fifteen years, and most windows were replaced with vinyl units. The property is near dining and retail along Abbot Kinney and Main St in Venice.
Built in 1947, the building has received several updates over time. The roof was replaced in the last five years, plumbing was partially upgraded to copper in the last fifteen years, and most windows were replaced with vinyl units. The property is near dining and retail along Abbot Kinney and Main St in Venice.
Key Highlights
- Two 2BR/1BA units, both currently tenant‑occupied
- Approximately 1,708 square feet on a 4,185 SF LARD2 lot
- Rear garage with space for 2 cars, used as shared tenant storage
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units offer individual laundry, while a rear garage provides shared tenant storage.
Where is this duplex located?
The property is located at 247 5th Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two 2BR/1BA units, both currently tenant‑occupied; Approximately 1,708 square feet on a 4,185 SF LARD2 lot; Rear garage with space for 2 cars, used as shared tenant storage
