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.
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.