Address
1329 W 5th Street Los Angeles, CA
Price
$ 10,250,000
Property Attributes
  • ML#20546850
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90017
  • Style
  • Price$ 10,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Brent Sprenkle with Berkadia
Property Description

5th and Maryland is a two-property portfolio consisting of two adjacent apartment buildings. The properties share a lot line at the rear of each property. Both properties are constructed of wood frame and stucco. 1329 West 5th Street is a four- story structure and 1326 West Maryland Street property is three stories. The properties contain a laundry facility and all entrances are secured. There is a courtyard between the two structures. The properties are of Victorian architecture and blend in well with the adjacent newly constructed apartment complexes that have been built within the last fifteen years. The Maryland property is individually metered for gas and electricity and the 5th Street property is master metered for all utilities. Adjacent New Construction: The properties are situated in an area that has recently seen major gentrification and the development of new apartment and condominium complexes, retail, and public schools.

Price History
1/23/2020 Listed $10,995,000
2/27/2020 7% - $10,250,000

General Features

Co-Listing Agent Last Name Tony
Co-Listing Agent Last Name Azzi
Co-Listing Agent State License # 00910513
Co-listing Agent Tony Azzi - BRE#00910513
Directions Two adjacent apartment buildings situated on West Maryland Street & West 5th Street Between Lucas Avenue & South Bixel Street
Listagentaor Out of Area Board
Listing Agent Brent Sprenkle - BRE#01290116
Listing Agent State License 01290116
MLS Area C42 - Downtown L.A.
Source System CRMLS
Special Listing Conditions Standard
Total Units 71
Zoning LACW

Interior Features

Cooling None
Heating Wall Furnace
Heating Y/N Yes
Total Stories 4

Exterior Features

Lot Size Area 16221.0000
Lot Size Source Assessor
Lot Size Square Feet 16221.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90017

Price
AVG $5.92M
$10.25M
Visits
AVG 42
28
Year Built
AVG 1919
1911
Walkscore
AVG 91
92
Data Provided by Walkscore ® not using MLS data

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