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2556 W 5th St, Los Angeles, CA, 90057

8beds
8baths
5,158sqft
$1,645,000
$319price/sqft
$10,578/moest. monthly cost
$423,120/yrincome needed

About This Home

The opportunity to acquire eight unique, pristine residences located at 2556 West 5th Street in the Westlake community,approximately 1.5 miles west of Downtown Los Angeles. Situated on a quiet cul-desac surrounded primarily by single-family homes, the subject property offers its residents a rare combination of neighborhood charm, privacy, and convenient access to major employment centers, entertainment, dining, and cultural amenities. Architecturally distinctive, the subject property showcases an enchanting "storybook" English Tudor style that has been meticulously maintained. The interiors preserve much of the building's classic Mid-Century modern charm with an array of original character details throughout, including original stainless steel kitchen cabinetry, Mission bathroom tile with Terrazzo flooring, and hardwood flooring throughout most living spaces, providing a unique blend of historic character and timeless appeal. The unit mix consists of four one-bedroom/one-bathroom townhome-style units, two one-bedroom/one-bath room units, one studio unit, and one two-bedroom/one-bathroom townhome-style unit.Residents enjoy spacious and efficiently designed floor plans, with select units offering views of the Downtown Los Angeles skyline and Griffith Park Observatory. 2556 West 5thStreet presents investors with the opportunity to acquire a well-maintained and architecturally significant asset in a highly desirable, strategic location immediately adjacent to the trendy & pricier Silverlake, Sunset Junction, Echo Park & Virgil Village neighborhoods.

Getting Around

93
WalkingWalker's Paradise
79
TransitExcellent Transit
55
BikeBikeable

Schools

2/10
3/10

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 5,158
  • Total interior livable area: 5,158 sqft

Property

Details

  • Parcel number: 5155030021
  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,995 sqft

Parking

  • Total spaces: 6
  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,318$99,816
Home Insurance *$236$2,832
Property Taxes $918$11,016
Electricity $1,106$13,272
Total$10,578$126,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$362,674/yr
40% on housing$317,340/yr
45% on housing$282,080/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$319This listing

vs Other Active Listings

Avg $/sqft

ZIP 90057$362
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90057$730
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$1,575,000
2026-05-21Listed for sale$1,645,000
2018-02-28Listing removed$2,195
2018-02-24Price change$2,195
2018-01-26Listed for rent$2,295
2015-10-08Listing removed$2,095
2015-09-30Price change$2,095
2015-09-05Listed for rent$2,295
2015-04-13Listing removed$1,550,000
2015-04-01Pending sale$1,550,000
2015-04-01Listed for sale$1,550,000
2014-12-31Sold$1,485,000

For Sale by Agent

AgentGlenn Brander
BrokerageMiller & Desatnik Realty Co.

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