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247 5th Avenue, Los Angeles, CA 90291

$1,250,000 Approx. USD 4 beds, 2 baths
1,708 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Jake Glaser | jake@lyonstahl.com
Lic#: 02128816
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 310-494-6368

Co Listing Agent

Ryan Haggerty | ryan.haggerty@lyonstahl.com
Lic#: 02246956
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 818-447-4543

Agent Remarks

245 5th Avenue, a duplex in the heart of Venice blocks from the sand. Built in 1947 and owned by the same family for over forty years, this building presents a rare opportunity to own in one of the trendiest pockets in the city of Los Angeles. The offering is priced at $625,000 per unit and $731.85 per square foot. This is being sold concurrently with the fourplex at 315 Rose Avenue a few blocks West (they do not need to be purchased together). The property totals approximately 1,708 square feet of living space on a 4,185 SF LARD2 lot and features a unit mix of (2) 2BR/1BA units. The units average 854 square feet each, and are both currently tenant-occupied. There is a rear garage with space for (2) cars that is being used as shared storage by tenants. The roof of the duplex was replaced in the last five years, and the plumbing partially upgraded to copper in the last fifteen years. Most of the windows were replaced and upgraded to vinyl throughout as well, and each unit has its own washer and dryer. 245 5th Ave benefits from the proximity to popular dining and retail along Abbot Kinney and Main St, creating strong rental demand for this neighborhood.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 26862701

Price: $1,250,000

Beds: 4

Baths: 2

Built in 1947

1,708 sqft

1 story

0.10 acres

Lot size: 0.0961

County: Los Angeles

Zoning: LARD2

Parking description: Door-Multi,Garage

Heating/cooling: None

Heating description: None

MLS area: C11 - Venice

Last Updated: 7/31/2026

Days On Market (DOM): 10

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This listing belongs to the C11 - Venice MLS area

Lat/Long: 33.998317, -118.475012.
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