1 month on rocket

1642 5th Ave, Los Angeles, CA, 90019

$1,995,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
7 Full Baths
3,166 SqFt
$630/SqFt
House
Schools Nearby

Location

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1642 5th Ave, Los Angeles$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned
Year BuiltNew Const., 1921
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
MLS #PW24048177
Lot Size0.16 Acres
StatusActive

About 1642 5th Ave

1642 5th Ave seamlessly intertwines historical allure with contemporary luxury, creating an enchanting residence. This exceptional property harmoniously blends the charm of yesteryear with the sophistication of modern living. Discover a fully renovated standalone single-family home featuring 3 beds, 2 baths, and a welcoming fireplace in the living room, all within a thoughtfully designed 1,314 sqft. Beyond the main dwelling, at the rear of the property, you'll find two exquisite additions: a 3 beds, 3 baths unit spanning 1,125 sqft, and an ADU offering 2 beds and 2baths covering 727 sqft. Both units exhibit meticulous design, catering to the demands of contemporary living. Endless possibilities await: reside in the primary residence while leasing out the additional units for a luxurious lifestyle accompanied by an additional income stream. Alternatively, capitalize on the property's potential for multiple income-generating opportunities. Perfect for multi-generational living or hosting guests with privacy and style, this property offers diverse options. Nestled in the heart of Los Angeles, this residence provides the epitome of city living. Revel in proximity to renowned dining, entertainment, and cultural hubs. Effortlessly access major highways and public transportation for convenient commuting. Local parks, schools, and shopping centers enhance the overall vibrancy and convenience of this dynamic neighborhood. Embrace the opportunity to own a piece of history with all the modern conveniences seamlessly integrated.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 3,166 SqFt

Listing Office:

  • Office Name: Alta Mira Realty, Inc.
  • Office Email: anahi@altamirarealty.com
  • Listing Agent: Sean Parsa

Interior Features

Interior Information:

  • Interior: All Bedrooms Up
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Pio Pico Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Carson-Gore Academy of Enviornmental Studies, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Take W Washington Blvd to 5th Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $630/SqFt

Tax Information:

  • Annual Amount: $8,744
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1642 5th Ave vs Los Angeles

46 DAYS ON ROCKET

+12 Days

$1,995,000

+$1.0M More

$630/SqFt

+$2 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $2/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24048177

Listing Office:

  • Office Name: Alta Mira Realty, Inc.
  • Office Email: anahi@altamirarealty.com
  • Listing Agent: Sean Parsa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2019Home Sold
$705,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,744$712,303
2020$7,634$705,000
2019$634$42,578
2018$624$41,744
2017$624$40,926

History based on county public records data.

Payment Calculator

$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2262081
5
/10
  • Carson-Gore Academy of Enviornmental Studies

  • 3200 W Washington Blvd

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-2262082
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.19 miles

  • Public Magnet Grades KG-6

school-card-donut-2262083
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.97 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2262084
5
/10
  • Pio Pico Middle School

  • 1512 Arlington Ave

  • 0.34 miles

  • Public District Grades 6-8

school-card-donut-2262085
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.51 miles

  • Public District Grades 6-8

High School

school-card-donut-2262086
2
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.09 miles

  • Public Magnet Grades 9-12

school-card-donut-2262087
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.32 miles

  • Public Magnet Grades 9-12

school-card-donut-2262088
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.55 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,286. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1642 5th Ave

What is the listing price of this property?

The listing price of 1642 5th Ave property is $1,995,000.

What type of property is this?

The property 1642 5th Ave is a house located in Los Angeles, California, 90019.

Is this property for sale now?

Active Listing: 1642 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1642 5th Ave are:
Carson-Gore Academy of Enviornmental Studies: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Pio Pico Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,744 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2019 for $705,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1642 5th Ave has 8 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1642 5th Ave is 3,166 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1642 5th Ave is 1921.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900191642 5th Ave

This home is located at 1642 5th Ave in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. This 3,166 square foot home, which was built in 1921, sits on a 0.16 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,995,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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