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Image 1 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 2 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 3 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 4 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 5 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 6 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 7 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Image 8 - 1680 West 5th Street, Los Angeles, CA 90017, USA - House for sale
Home For Sale In Los Angeles, California
1680 West 5th Street, Los Angeles, CA 90017, USA

Home For Sale In Los Angeles, California

house for sale
Listed: 03/07/24

1680 West 5th Street, Los Angeles, CA 90017, USA

91 Bed:
91 Bath:
64,759 Sq Ft Living Area:
Save
Price
$ 5,5M

About This House

We are proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling19, 921square feet of prime land. The proposed development spans an impressive64, 759square feet and comprises seventy-nine (79) one-bedroom, one-bath units, as well as six (6) two-bedroom, two-bath units. Notably, the project incorporates forty-three (43) conveniently located parking spaces within the first two stories of the building, eliminating the need for subterranean parking. Seventy-three (73) of the proposed units will beMARKETrate while there are eight (8) very low income and four (4) extremely low income affordable units. It's worth mentioning that the …  Full description

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Westlake Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.