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$1,300,000
Listing Price3beds
3baths
2,124sqft
6,731sqft lot
5218 San Vicente Blvd, Los Angeles, CA 90019
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
5218 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for SaleMiracle Mile Adjacent Investment or Owner-Occupant Opportunity. Discover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods. The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. Two (2) units will be delivered vacant at close of escrow, making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The remaining unit is currently rented at $1,100/month for immediate cash flow and may also be delivered vacant. Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for vacant units, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives. Conveniently located n
Interior Details
2124
3
3
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6731
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,676
$56,798
$53,422
--%
$110,220
2019
$1,676
$55,685
$52,375
--%
$108,060
2018
$1,599
$54,594
$51,349
--%
$105,943
2017
$1,572
$53,524
$50,343
--%
$103,867
2016
$1,514
$52,475
$49,356
--%
$101,831
2014
$1,525
$50,675
$47,663
--%
$98,338
2013
$1,519
$50,446
$47,448
--%
$97,894
2012
$1,508
$49,457
$46,518
--%
$95,975
Average Home Price in 90019
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





