1 month on rocket

2404 5th Ave, Los Angeles, CA, 90018

$1,895,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Baths
6,800 SqFt
$279/SqFt
House
Schools Nearby

Location

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2404 5th Ave, Los Angeles$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1923
FireplaceNone
MLS #24374771
Lot Size0.15 Acres
StatusActive

About 2404 5th Ave

Exceptional Investment Opportunity in Historic West Adams, Los Angeles Discover the epitome of historic charm meets modern living with this exquisite fourplex, nestled in the heart of the vibrant and sought-after West Adams neighborhood. Built in the resplendent era of 1923, this property carries a legacy filled with the ambiance of old Hollywood, ensuring the preservation of its timeless allure amidst a neighborhood where each corner resonates with history. Unit Details:The meticulously refurbished building houses four remarkable units, ensuring a blend of comfort and style. On the lower level, find two captivating 2-bedroom, 1-bath units, while the upper level unveils two generously spaced 4-bedroom, 2-bath units spread across two delightful levels. Each unit has undergone thoughtful upgrades, including new electrical and plumbing installations, coupled with tastefully renovated kitchens and bathrooms that blend seamlessly with the property's historic charm. Unique Features:An extraordinary feature of this property lies in its professional recording studio, born from the transformation of a 4-car garage. Outfitted with a live room and control room, the studio boasts sound isolation on the walls and the potential option of acquiring additional equipment and sound treatment, subject to negotiation. This space resonates with potential and versatility, ready to echo with the creative rhythms of its new owner. Outdoor Spaces:Embrace the Californian sunshine in the property's enchanting outdoor spaces. The front welcomes with a lush grassy expanse, while the private backyard reveals a charming sitting area adorned with stylish triangle-shaped shades, creating a serene oasis reserved exclusively for the owner's enjoyment. Local Amenities:Positioned amidst the flourishing scenes of West Adams Blvd, the location is a treasure trove of new high-end restaurants and chic spots that embody the resurgence of the area. With the convenience of bus stops nearby and ample street parking, accessibility is effortlessly intertwined with the property's abundant offerings. Neighborhood Appeal:Embark on a journey through time as you stroll through the beautiful historic neighborhood, safeguarded against the encroachment of large modern developments. Revel in an environment where the 1920s ambiance is lovingly preserved, ensuring the everlasting charm of a bygone era.Unlock the doors to a spectacular investment opportunity that blends substantial returns with a legacy of style and historic elegance. A rare find, this West Adams gem is a canvas of potential, awaiting the inspired vision of its new owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1923
  • Stories: 3
  • Living Area: 6,800 SqFt

Listing Office:

  • Office Name: Power Brokers
  • Office Phone: (310) 402-5593
  • Listing Agent: Jack Bitton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

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
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Arlington Heights Elementary School, 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: North of Adams. South of 10 just East of Crenshaw

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $279/SqFt

Tax Information:

  • Annual Amount: $10,078
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2404 5th Ave vs Los Angeles

30 DAYS ON ROCKET

-4 Days

$1,895,000

+$908.5K More

$279/SqFt

-$353 Less

KEY TAKEAWAY

This property is $908.5K more than the Median Sold Price and $353/SqFt less 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: #24374771

Listing Office:

  • Office Name: Power Brokers
  • Office Phone: (310) 402-5593
  • Listing Agent: Jack Bitton

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: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 22, 2004Home Sold
$625,000
Oct 18, 1996Home Sold
$151,363

Tax History

YEARPROP. TAXASSESSMENT
2021$10,078$804,835
2020$9,785$796,584
2019$9,648$780,966
2018$9,447$765,654
2017$9,447$750,642

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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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-4482697
2
/10
  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-4482698
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.64 miles

  • Public Magnet Grades KG-6

school-card-donut-4482699
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.21 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4482700
2
/10
  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 0.57 miles

  • Public District Grades 6-8

school-card-donut-4482701
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.85 miles

  • Public District Grades 6-8

High School

school-card-donut-4482702
2
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.53 miles

  • Public Magnet Grades 9-12

school-card-donut-4482703
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.31 miles

  • Public Magnet Grades 9-12

school-card-donut-4482704
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.90 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,580. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2404 5th Ave

What is the listing price of this property?

The listing price of 2404 5th Ave property is $1,895,000.

What type of property is this?

The property 2404 5th Ave is a house located in Los Angeles, California, 90018.

Is this property for sale now?

Active Listing: 2404 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 2404 5th Ave are:
Arlington Heights Elementary School: GreatSchools Rating 2/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 2/10
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 $10,078 (source: MLS/based on county public records data).

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

The last sale was on October 22, 2004 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2404 5th Ave has 12 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 2404 5th Ave is 6,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2404 5th Ave is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900182404 5th Ave

This home is located at 2404 5th Ave in Los Angeles, CA and zip code 90018 in the West Adams Terrace neighborhood. This 6,800 square foot home, which was built in 1923, sits on a 0.15 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,895,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

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

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