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5429 2nd AveLos Angeles, CA 90043

For Sale

$699,000

Smart Buyer Rebate $4,975

Investor’s Dream in Prime Los Angeles Location!

A great opportunity to own a two-story duplex in the heart of Los Angeles with incredible upside potential. This 1,714 sq. ft. multi-family property sits on a generous 4,923 sq. ft. lot and features 4 bedrooms and 2 bathrooms split between two units. Originally built in 1925, the property carries classic charm with room for modern upgrades. What makes this property stand out? It is zoned for up to 4 units, offering investors, developers, or owner-occupiers the chance to expand, renovate, or redevelop to maximize income potential. With its central location, tenants will enjoy easy access to local dining, shopping, transportation, and all that LA has to offer. This property has not been sold since 1983, making it a true value-add opportunity for those ready to bring vision and creativity.

Listed by MEAGAN WRIGHT

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License #02129184

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CENTURY 21 PRIMETIME REALTORS

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909-549-6462

Last updated September 05, 2025

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Source: CRMLS #IV25198801

Listing Facts

  • TypeMulti-family
  • NeighborhoodHyde Park
  • Days on Prevu5

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/06/2025
Status changed to Active
$699,000
09/06/2025
Status changed to Removed from Feed
$699,000
09/04/2025
Listed by CENTURY 21 PRIMETIME REALTORS
$699,000

Property Details for 5429 2nd Ave

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Roof: Flat
  • Stories Total: 2
  • Year Built: 1925
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front

Features

  • Fencing: Chain Link

Measurements

  • Building Area Total: 1,714
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,923
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4,923
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $37,372.00
  • Operating Expense: $3,916.00

Taxes

  • Parcel Number: 5005002029

Other

Location

  • Tax Lot: 145

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.