For Sale
$2,295,000
3520 5Th St Los Angeles, CA 90020
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Multiple development options: Hold as-is, add 2 ADUs; develop up to 50 units (AB 1287) or 26 units (by-right); or hold and develop later.
- R4-2 zoning, Tier 3 TOC Zone, Density Bonus, Opportunity Zone (verify with City Planning).
- Consultant schematic for ADUs with projected rents; existing units average ~1500 sq ft.
- Vintage interiors with modern amenities; charming, unique building in Korea Town.
- Walk Score 95; near Chapman Plaza and public transit; drone footage and virtual exterior renderings available.
- Gross income includes parking, laundry, and projected ADU rents.
Property Details for 3520 5Th St
- Property type
- Apartment buildings
- Square Feet
- 8,956 SF
- Class
- A
- Year Built
- 1950
- Buildings
- 1
- Stories
- 2
- Units
- 6
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0652825
- Longitude
- -118.2963905
Nearby Similar for Sale
FAQs
- Where is the apartment building located?
- The property is located at 3520 5Th St Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $2,295,000.
- What are key features of this property?
- This property features: Multiple development options: Hold as-is, add 2 ADUs; develop up to 50 units (AB 1287) or 26 units (by-right); or hold and develop later.; R4-2 zoning, Tier 3 TOC Zone, Density Bonus, Opportunity Zone (verify with City Planning).; Consultant schematic for ADUs with projected rents; existing units average ~1500 sq ft.
- How can I contact the broker?
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