Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

5,158 sqft

Lot size

8,991 sqft

Year built

1950

Stories

2

Status

Active

Days on market

83

MLS #

242418673

About this property

The opportunity to acquire eight unique, pristine residences located at 2556 West 5th Street in the Westlake community,approximately 1.5 miles west of Downtown Los Angeles. Situated on a quiet cul-desac surrounded primarily by single-family homes, the subject property offers its residents a rare combination of neighborhood charm, privacy, and convenient access to major employment centers, entertainment, dining, and cultural amenities. Architecturally distinctive, the subject property showcases an enchanting "storybook" English Tudor style that has been meticulously maintained. The interiors preserve much of the building's classic Mid-Century modern charm with an array of original character details throughout, including original stainless steel kitchen cabinetry, Mission bathroom tile with Terrazzo flooring, and hardwood flooring throughout most living spaces, providing a unique blend of historic character and timeless appeal. The unit mix consists of four one-bedroom/one-bathroom townhome-style units, two one-bedroom/one-bath room units, one studio unit, and one two-bedroom/one-bathroom townhome-style unit.Residents enjoy spacious and efficiently designed floor plans, with select units offering views of the Downtown Los Angeles skyline and Griffith Park Observatory. 2556 West 5thStreet presents investors with the opportunity to acquire a well-maintained and architecturally significant asset in a highly desirable, strategic location immediately adjacent to the trendy & pricier Silverlake, Sunset Junction, Echo Park & Virgil Village neighborhoods.

Location

2556 W 5th Street

Los Angeles, Los Angeles, CA, 90057