2576 W 5th St Los Angeles, CA 90057

Single Family Detached MLS #: 24-457627 Courtesy Of The Agency

$795,000

1 beds | 1 baths | 656 sq ft
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Estimated monthly payments: $3,475/mo.* (recalculate)

Property InformationDescription

Outstanding development opportunity in the thriving Westlake neighborhood. Situated on a nearly 6000-square-foot lot, 2576 W 5th Street offers a prime development opportunity in a central Los Angeles location. The current structure, a single-family home, in need of extensive renovation, awaits a fresh vision to transform its full potential.This R3-zoned lot provides the flexibility to build up to 4 units (buyer to verify), and the city has issued permission to add a driveway for easy access. Nestled between Koreatown and Downtown LA, Westlake is known for its cultural vibrancy, walkable streets, and proximity to some of the city's most dynamic dining, shopping, and entertainment scenes. Minutes from MacArthur Park, an iconic Los Angeles landmark, and conveniently close to transit options, making it ideal for future tenants or residents looking for both a lively neighborhood and commuter convenience.2576 W 5th Street is a rare opportunity for the right investor to bring new housing to one of LA's most diverse and desirable urban settings. Property is sold as-is, and the seller, broker, and agents make no guarantees on zoning or usage.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Bungalow
  • Lot Size: 0.13 Acres
  • Rooms: Loft

MAP & DIRECTIONS

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2576 W 5th St, Los Angeles, CA 90057
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School Information

2576 W 5th St, Los Angeles, CA 90057

Elementary School
Grades KG | Public School
LAFAYETTE PARK PRIMARY CENTER
Los Angeles, CA 90057
310 S La Fayette Park Pl
213.­380.5039
Distance: 0.2 mi
Student:Teacher Ratio
24:1
Total Students
73
Elementary School
Grades 1-5 | Public School
CHARLES WHITE ELEMENTARY
Los Angeles, CA 90057
2401 Wilshire Blvd
213.­487.9172
Distance: 0.2 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
334
Middle School
Grades 6-8 | Public School
JOHN LIECHTY MIDDLE SCHOOL
Los Angeles, CA 90017
650 S Union Ave
213.­989.1200
Distance: 0.8 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
963
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3850
Distance: 1.1 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
321
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3896
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
24:1
Total Students
465
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3840
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
397
High School
Grades 9-12 | Public School
MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
Los Angeles, CA 90017
322 Lucas Ave
213.­240.3815
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
477
High School
Grades 9-12 | Public School
BELMONT HIGH SCHOOL
Los Angeles, CA 90026
1575 W 2nd St
213.­241.4300
Distance: 0.9 mi
School Rating
D+
Student:Teacher Ratio
18:1
Total Students
690
High School
Grades 9-12 | Public School
ROYBAL LEARNING CENTER
Los Angeles, CA 90026
1200 Colton St
213.­580.6400
Distance: 1.4 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
856
Other Nearby Schools Distance Type Grades School Rating
Harold Mcalister High (opportunity) 0.2 mi Public 6-12 D-
Rise Kohyang Elementary School 0.2 mi Public KG-1
Rise Kohyang High School 0.2 mi Public 9-12 A
Pilgrim School 0.4 mi Private PK-12
Equitas Academy 4 0.4 mi Public 5-8 B-
Equitas Academy 5 0.4 mi Public KG-4
Equitas Academy 6 0.4 mi Public KG-4
Citizens Of The World Charter School Silver Lake 0.4 mi Public KG-8 C+
Macarthur Park Elementary School 0.4 mi Public KG-5 C
Rise Kohyang Middle School 0.5 mi Public 6-8 B-
Equitas Academy #2 0.5 mi Public 5-8 C+
New Village Girls Academy 0.5 mi Public 9-12 C-
Lake Street Primary School 0.5 mi Public KG-1
New Covenant Academy 0.6 mi Private KG-12
Hoover Street Elementary 0.6 mi Public KG-5 B+
Commonwealth Avenue Elementary School 0.6 mi Public 1-5 B-
Young Oak Kim Academy 0.6 mi Public 6-8 D+
Camino Nuevo Charter Academy 0.6 mi Public KG-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90057

Median Age: 36.6
Married: 27%
Number of Households: 15,799
Households with Children: 27.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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