2576 W 5th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90057
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 656 sqft
Price per Sqft $1,211
MLS Listing ID 24457627
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 5,754 Sqft
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Rooms
Ensuite Laundry Outside
Interior
Interior Features Loft
Laundry Location Outside
Heating None
Cooling None
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry Outside
Exterior
Garage On Street
Pool None
View Y/N No
View None
Parking Type On Street
Total Parking Spaces 1
Private Pool No
Building
Story 2
Entry Level Multi/Split
Architectural Style Bungalow
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5155030024
Special Listing Condition Standard