W 5th ST Lot 1
Los Angeles, CA, 90057
$1,150,000
Beds
0 Baths
0 SqFt
0.06 Acres
Add
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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 β€” positioning this property for meaningful appreciation.

Property Details

Price:
$1,150,000
MLS #:
PW25157926
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c42
Listed Date:
Jul 14, 2025
Total Sq Ft:
1,782
Lot Size:
2,396 sqft / 0.06 acres (approx)
Year Built:
1951
C42C42

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Schools

Interior

Cooling
NO
Heating
CF
Laundry Features
IG, IN

Exterior

Architectural Style
CRF, MOD, MCM
Community Features
SDW, STM, SL, CW
Parking Spots
2
Roof
SHN
Security Features
EXL

Financial

Net Operating Income
$23,951

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 29, 2025
2,440
Single Family Listed
59
Avg DOM
686
Avg $ / SqFt
$1,924,769
Avg List Price

Property Summary

    W 5th ST Lot 1 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90057. It is listed for $1,150,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1951. The average price per square foot for Single Family listings in Los Angeles is $686. The average listing price for Single Family in Los Angeles is $1,924,769.

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