2511 W 5th Street, Los Angeles Property Listing: MLS® #PW25157926

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. Its 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.

2511 W 5th Street, Los Angeles Property Listing: MLS® #PW25157926 Close
Page Summary
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  • MLS® #: PW25157926
  • 2511 W 5th Street
  • Los Angeles, CA 90057
  • $1,150,000
  • 2 Beds, 3 Bath, 0.06 Acres
  • Office: Casado Real Estate Inc.

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. Its 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.

Supplemental Remarks

Essential Information

  • MLS® #PW25157926
  • Listing Price$1,150,000
  • Date ListedJuly 14th, 2025
  • Days on Market1
  • Bedrooms2
  • Bathrooms3.00
  • Acres0.06
  • Lot Sq.Ft.2,396
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$244
  • Total Monthly Dues$20

Community Information

  • Address2511 W 5th Street
  • AreaLOS ANGELES (90057)
  • SubdivisionWestlake
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90057

Amenities

  • PoolN/K

Interior

  • CoolingN/K
  • FireplaceYes
  • Stories3 Story

Exterior

  • Lot DescriptionCul-De-Sac,Sidewalks
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Listing information last updated on September 9th, 2025 at 7:11am PDT.