1 of 26

Want to see this property?

2511 W 5th Street

Los Angeles, CA 90057

– beds
– baths
– sqft
2,396 sqft lot
1951 build
– on site

Welcome to 2511 W. 5th St, a distinguished piece of architectural character nestled in the dynamic Westlake neighborhood of Los Angeles. Originally constructed in 1951, this multi-family property delivers approximately 1,782sqft of living space across two legal units, ideal for dual occupancy or investment rentals. You're greeted by striking mid-century lines and a timeless facade that make a confident statement on a cul-de-sac near Koreatown and Downtown L.A. Two 1-bedroom, 1-bath units offering private comfortable living spaces, peek-a-boo view of Hollywood sign from upper level deck space, in-unit laundry, dedicated garage parking and there is an underutilized bonus studio, non-conforming but complete with kitchenette and bath. Brimming with potential - approved City plans are ready to convert the bonus studio into a fully permitted Accessory Dwelling Unit (ADU). This property stands out not just for square footage and for ADU potential but for also its architectural presence. Built in the early postwar era, its clean lines and period-modern aesthetic give it a rare appeal in today's market. It’s the kind of property that sparks conversation, aesthetic appreciation, and value. Online rent estimates suggest potential rents of up to $3,991/month per unit, underscoring strong rental upside. Strategically positioned between Koreatown and Downtown L.A., the area is undergoing rapid transformation with new luxury projects nearby — positioning this property for meaningful appreciation.

Listed By CRMLS_CA / Daniel Casado / Casado Real Estate Inc. / 562-316-0077

Last checked: Checking… • Last updated Jul 15, 2025 •

MLS# PW25157926 —

The Building

Year Built:

1951
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

1782.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Architectural Style:

Craftsman, Mid Century Modern, Modern
Roof:

Shingle
Stories Total:

3
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Levels:

Three Or More
Entry Location:

Street
Room Type:

Walk-In Closet
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

In Garage, Inside
Laundry:

1

Financial & Terms

Disclosures:

Accessory Dwelling Unit, Rent Control

Location

Directions:

From MacArthur Park, go North on S. Park View, Left on Ocean View, Right onS. Park View, Left on 5th St.
Latitude:

34.06346900
Longitude:

-118.27743700

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Building Permit, Turnkey
Zoning:

LAR3
Lot Features:

Back Yard, Cul-De-Sac
Lot Size Area:

2396.0000
Lot Size Acres:

0.0550
Lot Size SqFt:

2396.00
Lot Size Source:

Assessor
View:

1
View:

Hills, Peek-A-Boo
Fencing:

Brick, Wood
Fence:

Yes
Security Features:

Security Lights
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

F
Tax Census Tract:

2088.02
Tax Tract:

208...
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5155031028

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Neighborhood:

Westlake
Features:

Gutters, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Garage Faces Front, Garage - Single Door, Garage Door Opener, Off Site
Parking Spaces:

2.00
Garage Spaces:

2.00

Extra Units

Average 1 Bed Area:

891
Average Studio Area:

387

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/14/25 Jul 14, 2025	Listed / Active	CRMLS_CA	$1,150,000	53.3% (15.9% / YR)
3/8/22 Mar 8, 2022		CRMLS_CA	$750,000	-9.1%
2/24/22 Feb 24, 2022		CRMLS_CA	$825,000

Want a closer look?

Go see 2511 W 5th Street

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Los Angeles, CA

Similar sold homes

This multifamily located in Central LA, Los Angeles, CA 90057 is currently for sale for $1,150,000. 2511 W 5th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2511 W 5th Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Miguel Contreras Learning Complex - School Of Social Justice, John H Liechty Middle School, Belmont Senior High School, Charles White Elementary School, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, and Lafayette Park Primary Center.

Listing Courtesy of: CRMLS_CA and Casado Real Estate Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 22:17 on Jul 14.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.