Welcome to 2511 W. 5th St, a distinguished piece of architectural character nestled in the dynamic Westlake neighborhood of Los Angeles. Originally constructed in 1951, this multi-family property delivers approximately 1,782sqft of living space across two legal units, ideal for dual occupancy or investment rentals. You''re greeted by striking mid-century lines and a timeless facade that make a confident statement on a cul-de-sac near Koreatown and Downtown L.A. Two 1-bedroom, 1-bath units offering private comfortable living spaces, peek-a-boo view of Hollywood sign from upper level deck space, in-unit laundry, dedicated garage parking and there is an underutilized bonus studio, non-conforming but complete with kitchenette and bath. Brimming with potential – approved City plans are ready to convert the bonus studio into a fully permitted Accessory Dwelling Unit (ADU). This property stands out not just for square footage and for ADU potential but for also its architectural presence. Built in the early postwar era, its clean lines and period-modern aesthetic give it a rare appeal in today''s market. It’s the kind of property that sparks conversation, aesthetic appreciation, and value. Online rent estimates suggest potential rents of up to $3,991/month per unit, underscoring strong rental upside. Strategically positioned between Koreatown and Downtown L.A., the area is undergoing rapid transformation with new luxury projects nearby — positioning this property for meaningful appreciation.
Property Details
Price:
$1,150,000
MLS #:
PW25157926
Status:
Active
Baths:
0
Address:
2511 W 5th Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jul 14, 2025
State:
CA
ZIP:
90057
Lot Size:
2,396 sqft / 0.06 acres (approx)
Year Built:
1951
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Schools
Interior
Cooling
None
Fireplace Features
Living Room
Heating
Central
Exterior
Community Features
Gutters, Sidewalks, Storm Drains, Street Lights
Fencing
Brick, Wood
Garage Spaces
2.00
Lot Features
Back Yard, Cul- De- Sac
Parking Features
Garage Faces Front, Garage – Single Door, Garage Door Opener, Off Site
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Security Features
Security Lights
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
Hills, Peek- A- Boo
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, Trash Collection
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Map
Community
- Address2511 W 5th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
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2511 W 5th Street
Los Angeles, CA
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