2576 W 5Th Street, Los Angeles, CA 90057
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Listed Price :
$795,000
-
Beds :
1
-
Baths :
1
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Property Size :
656 sqft
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Year Built :
1940
Property Description
Outstanding development opportunity in the thriving Westlake neighborhood. Situated on a nearly 6000-square-foot lot, 2576 W 5th Street offers a prime development opportunity in a central Los Angeles location. The current structure, a single-family home in need of extensive renovation or potential demolition, awaits a fresh vision to transform its full potential.This R3-zoned lot provides the flexibility to build up to 4 units (buyer to verify), and the city has issued permission to add a driveway for easy access. Nestled between Koreatown and Downtown LA, Westlake is known for its cultural vibrancy, walkable streets, and proximity to some of the city's most dynamic dining, shopping, and entertainment scenes. Minutes from MacArthur Park, an iconic Los Angeles landmark, and conveniently close to transit options, making it ideal for future tenants or residents looking for both a lively neighborhood and commuter convenience.2576 W 5th Street is a rare opportunity for the right investor to bring new housing to one of LA's most diverse and desirable urban settings. Property is sold as-is, and the seller, broker, and agents make no guarantees on zoning or usage.
Interior Features
| Laundry Information |
| Location(s) |
Outside |
| Bedroom Information |
| Bedrooms |
1 |
| Bathroom Information |
| Bathrooms |
1 |
| Interior Information |
| Features |
Loft |
| Cooling Type |
None |
Listing Information
| Address |
2576 W 5Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90057 |
| County |
Los Angeles |
| Listing Agent |
Marc Silver DRE #01875513 |
| Courtesy Of |
The Agency |
| List Price |
$795,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
656 |
| Lot Size |
5,753 |
| Year Built |
1940 |
Listing information courtesy of: Marc Silver, The Agency. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 12:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
