5137 Wall Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$710,000$3/sqft
5137 Wall Street, Los Angeles, California 90011
0Bed
0Bath
3Sqft
8,048Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Triplex: The property is a triplex, offering a significant investment opportunity with potential for rental income from the duplex units to cover the mortgage of the main house.
Top Cons:
Property Age: Built in 1906, the property's age may imply potential for older infrastructure, systems, or the need for significant updates and ongoing maintenance.
Compared to the nearby listings
Price:$710.0K vs avg $699.0K (+$11,000)52%
Size:3 sqft vs avg 2,076 sqft3%
Price/sqft:$236.7K vs avg $34097%
More Insights
Built in 1906 (120 years old).
Condition: Built in 1906, this property is over a century old. While the description mentions central A/C and heat in the main house and some updated flooring (carpet, laminate, tile), there is no indication of recent major renovations to the kitchens, bathrooms, or other critical systems. The exterior images show visible wear and tear, unkempt landscaping, and an overall dated appearance, suggesting significant deferred maintenance. The listing's emphasis on an 'investor's dream' and a 'buyer with an imagination' further implies that substantial repairs and rehabilitation are needed to bring the property up to modern standards, particularly in the likely outdated kitchens and bathrooms.
Year Built
1906
Close
-
List price
$710K
Original List price
$710K
Price/Sqft
$236,667
HOA
-
Days on market
-
Sold On
-
MLS number
PW25128451
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
TRIPLEX FOR SALE!!!!! Investors dream opportunity. Located in Southwest Los Angeles. Spacious 2 bedroom 1 and 1/2 bathroom house, large enough for a family. Paved front yard, enough room for family get togethers. Long Driveway for at least 4 cars. Home has central A/C and Heat. Fireplace in dining area. Carpet and laminate flooring throughout the home. Bonus room is permitted and can be converted into an additional bedroom if needed. The Duplex is 2 stories. Upstairs and Downstairs units are both 2 Bedrooms/ 1 Bathroom. Each has one parking spot. Upstairs unit has tile flooring and the downstairs unit has carpet. Minutes from 110 FWY, DTLA, Fashion District, USC and The Arts District. Close to Exposition park and the Soccer Stadium. Looking for a new buyer with an imagination, pro forma rent from Duplex could cover the mortgage and live in the home for free. It's also a great investment opportunity for a non occupied buyer. Open to all offers. Seller is highly motivated. Priced to sell fast. SERIOUS BUYERS/INVESTORS ONLY.
N
Nicole Buckner
Listing Agent
Nearby schools
2/10
Main Street Elementary School
Public,•K-5•0.1mi
5/10
Estrella Elementary School
Public,•K-5•0.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.8mi
2/10
Aurora Elementary School
Public,•K-5•0.9mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.9mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.0mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.1mi
2/10
Harmony Elementary School
Public,•K-5•1.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.2mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.6mi
3/10
George Washington Carver Middle School
Public,•6-8•0.8mi
2/10
John Muir Middle School
Public,•6-8•1.3mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.6mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.4mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.8mi
5/10
Santee Education Complex
Public,•9-12•2.4mi
Condition Rating
Poor
Built in 1906, this property is over a century old. While the description mentions central A/C and heat in the main house and some updated flooring (carpet, laminate, tile), there is no indication of recent major renovations to the kitchens, bathrooms, or other critical systems. The exterior images show visible wear and tear, unkempt landscaping, and an overall dated appearance, suggesting significant deferred maintenance. The listing's emphasis on an 'investor's dream' and a 'buyer with an imagination' further implies that substantial repairs and rehabilitation are needed to bring the property up to modern standards, particularly in the likely outdated kitchens and bathrooms.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering a significant investment opportunity with potential for rental income from the duplex units to cover the mortgage of the main house.
Strategic Location: Located minutes from the 110 FWY, DTLA, Fashion District, USC, The Arts District, Exposition Park, and the Soccer Stadium, providing excellent accessibility and appeal to tenants.
Value-Add Potential: A permitted bonus room in the main house can be converted into an additional bedroom, offering flexibility and potential to increase living space or rental income.
Ample Parking: The property features a long driveway accommodating at least 4 cars for the main house, plus one dedicated parking spot for each of the two duplex units, a valuable asset in Los Angeles.
Main House Comforts: The main house is equipped with central A/C and heat, along with a fireplace in the dining area, enhancing comfort and desirability for residents.
Cons
Property Age: Built in 1906, the property's age may imply potential for older infrastructure, systems, or the need for significant updates and ongoing maintenance.
Low-Rated Schools: Several nearby schools have lower ratings (2-3), which could be a concern for families prioritizing access to highly-rated educational institutions.
Inaccurate Square Footage Data: The listed square footage of '3' is clearly incorrect, creating a significant data gap that hinders accurate property assessment for potential buyers.