$8,194 Closing Credit¹
#SB24122647, Islina Abdullah, Listing Office: Berkshire Hathaway HSCP
#DW25017422·
Listing Office: United Real Estate Pacific States·
Listing Agent: Jesus Flores·
Listing Office Phone: 323-928-1488
$699,000 List price
5723 2nd Ave Los Angeles, CA 90043
$8,301
Closing credit¹
0.1 acres
Multi-Family
Property details
About 5723 2nd Ave
Great investment opportunity in Los Angeles! This property features two units and a detached 2-car garage with potential for ADU conversion to generate additional income. The front unit includes 3 bedrooms and 1 bathroom, while the back unit offers 2 bedrooms and 1 bathroom. The detached garage provides added flexibility for future development. Conveniently located near Van Ness Park and Metro Station Division 5, the property offers easy access to USC, Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park, with quick connectivity to the 110 Freeway. This is an ideal opportunity for investors or homeowners looking to maximize rental income in a prime location.
Highlights
Home typeDuplex
StatusActive
Lot size0.113 Acres
Year built1920
MLS #DW25017422
Garage2 spaces
Summary
- MLS Number: DW25017422
- MLS Name: CRMLS
- Office Name: United Real Estate Pacific States
- Office Phone: (323) 928-1488
- Listing Agent: Jesus Flores
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$699,000
5723 2nd Ave
$8,301
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 13, 2021 | Home Sold | $620,000 |
| Apr 25, 2014 | Home Sold | $280,000 |
| Nov 09, 2010 | Home Sold | $213,500 |
| Dec 18, 2001 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $645,048 | $8,077 |
| 2023 | $632,400 | $7,927 |
| 2022 | $620,000 | $7,567 |
| 2021 | $407,696 | $5,115 |
| 2020 | $403,517 | $4,967 |
| 2019 | $395,606 | $4,866 |
| 2018 | $387,850 | $4,764 |
| 2017 | $380,246 | $4,764 |
History based on county public records data.
Nearby schools
3
59th Street Elementary School
Public District KG-5
0.3 mi
•5939 2nd Ave
3
Angeles Mesa Elementary
Public District KG-5
0.4 mi
•2611 W 52nd St
3
Icef View Park Preparatory Elementary School
Public Charter KG-5
0.7 mi
•5311 Crenshaw Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,450. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
28%
<35k
64%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 5723 2nd Ave in Los Angeles, CA and zip code 90043 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $699,000.
While more than 212 listings in Los Angeles, CA in February 2025 were sold above asking price, there were more than 105 listings sold at asking price, and more than 280 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.