2523 5th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 6 bed, 4 bath
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Los Angeles, California 90018
This duplex presents a Strong Value Opportunity with a List Price of $1,300,000—positioned well below the $1,408,058 Fair Market Value by 7%. This valuation gap offers $108,058 in Instant Equity. Featuring a Fair Condition Rating, the property offers significant upside through modernization of its 3,780 sq. ft. layout. With a 9,004 sq. ft. lot providing expansion potential, this is an ideal Residential Income Asset for Buy-and-Hold Investors or Owner-Occupants seeking to leverage immediate vacancy in the historic West Adams neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2523 5th Avenue Subject | $1,300,000* List Price | 6 | 4 | 3,780 | $373 | - |
A 2011 Arlington Active | $1,329,000 List Price | 0 | 0 | 3,268 | $407 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, this century-old duplex is described as a 'value-add' opportunity, which typically indicates dated interiors and systems. While the listing suggests it is ready for immediate occupancy, the lack of mentioned upgrades to kitchens, bathrooms, or HVAC/electrical systems in a 100+ year old property, combined with the 'value-add' branding, places it in the fair category requiring modernization.
Both units are delivered vacant at the close of escrow, providing a rare opportunity for owner-occupants to move in immediately or for investors to secure market-rate tenants without relocation hurdles.
The expansive 9,004 sq. ft. lot is significantly larger than average for the area, offering substantial room for value-add opportunities such as the addition of an ADU or further property expansion.
Located in the desirable Historic West Adams neighborhood, the property boasts excellent proximity to USC, Culver City, and Downtown LA, with convenient access to the Metro E Line and I-10 Freeway.
The local public schools assigned to this address have low performance ratings, ranging from 2 to 3 out of 10, which may deter families prioritizing high-quality educational districts.
The primary four-bedroom unit contains only 1.5 bathrooms, a low ratio for a large household that may limit rental premiums and modern buyer appeal.
Welcome to 2523 & 2525 5th Avenue, located in the highly desirable Historic West Adams neighborhood of Los Angeles. This exceptional property presents a rare opportunity for both investors and owner-occupants seeking rental income. The duplex features two vacant units, making it ideal for immediate occupancy or market-rate leasing upon close of escrow. The property includes Unit 1: 4 bedrooms, 1.5 bathroom Unit 2: 2 bedrooms, 1.5 bathroom Situated on a generous 9,004 sq. ft. lot, the property offers excellent potential for future expansion or value-add opportunities (buyer to verify). Ideally located just minutes from Culver City, USC, Downtown Los Angeles, the Metro E (Expo) Line, and the I-10 Freeway, this property provides convenient access to major employment centers, dining, shopping, and entertainment. Its prime location and flexible use make it an outstanding investment in one of Los Angeles' most sought-after historic neighborhoods. Delivered vacant at the close of escrow. Don't miss this unique opportunity to own a versatile income-producing property in the heart of West Adams.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,780 | 2,250 |
| Lot Size | 9,004 | 5,864 |
| Price | $1.30M | $826.7K |
| Price per sq ft | $344 | $395 |
| Built year | 1922 | 1925 |
| HOA | $0 | $0 |
| Days on market | 2 | 83 |
Jul 20, 2026
$1,300,000
Initial Listing