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5th Street Apartments is a highly rated community with a 9.2/10 overall Zumper Expert Rating, highlighted by perfect 10/10 scores for both price and amenities, indicating strong value and an impressive living experience. Residents benefit from features like air conditioning, an elevator, generous closet space, laminate floors, three laundry rooms, and a 24-hour fitness center, plus a 9/10 location score for convenient access to key destinations, even though public transit is several miles away.
Things you’ll love
DishwasherElevatorFireplace| 1 BD/1 BA | 1 bed | 1 bath | 624 sqft | $1,845–$1,945 /mo | 2 units available | 5th Street Apartments is a clean and quiet building in the heart of Koreatown. Unit benefits include laminate, balcony, stove, granite counters, plenty of closet space, radiant heat and air conditioner on the wall. Community benefits include 1 assigned parking spot in gate underground garage, 3 laundry rooms and elevator. Close to schools, shops, and restaurants. We are close to the MTA, Ralphs, 24 hour fitness, CVS, Cahuenga Elementary, and the Metro Red Line, and all major freeways. This unit will not last!!! Pictures in this ad are a representation and may not reflect the actual apartment that is currently available. Pets will be subject to a $25/month, per pet fee, with a maximum of 2 pets per unit. For those approved applicants with ESAs or service animals related to an accommodation due to disability, no pet rent will be charged. CHECK OUT OUR 3D VIRTUAL TOURS HERE: https my matterport com show ?m=E11GDSgGzMf (unit 318) -Listed security deposit is on approved credit. -6 or 12 month lease - Six month lease available with $200 monthly surcharge. The rent, deposit, concession and terms listed in this ad are only valid for the actual date that this ad was initially posted. |
Let's explore this property.
Apartment Amenities
| Balcony | Closet Space |
| Fireplace | Granite Countertops |
| Heater | Laminate Floors |
| Trash | Walk-in Closet |
| Water |
Appliances
| Microwave | Range |
| Refrigerator | Stove |
Building
| Elevator | Onsite Laundry |
Grounds
| Assigned Parking |
Services
| On-Site Management |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 50 |
|---|
5th Street Apartments is a clean and quiet building in the heart of Koreatown. Unit benefits include laminate, balcony, stove, granite counters, plenty of closet space, radiant heat and air conditioner on the wall. Community benefits include 1 assigned parking spot in gate underground garage, 3 laundry rooms and elevator. Close to schools, shops, and restaurants. We are close to the MTA, Ralphs, 24 hour fitness, CVS, Cahuenga Elementary, and the Metro Red Line, and all major freeways. This unit will not last!!! Pictures in this ad are a representation and may not reflect the actual apartment that is currently available. Pets will be subject to a $25/month, per pet fee, with a maximum of 2 pets per unit. For those approved applicants with ESAs or service animals related to an accommodation due to disability, no pet rent will be charged. -Listed security deposit is on approved credit. -6 or 12 month lease - Six month lease available with $200 monthly surcharge. The rent, deposit, concession and terms listed in this ad are only valid for the actual date that this ad was initially posted.
How 5th Street Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 5th Street Apartments cost about 4% less than the average rent price for 1-bedroom apartments in Wilshire Center - Koreatown.
| Month | Median Rent |
|---|---|
| June 2024 | $1,798 |
| July 2024 | $1,816 |
| August 2024 | $1,848 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,657 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,475 |
| July 2024 | $1,465 |
| August 2024 | $1,466 |
| September 2024 | $1,496 |
| October 2024 | $1,498 |
| November 2024 | $1,495 |
| December 2024 | $1,495 |
| January 2025 | $1,485 |
| February 2025 | $1,483 |
| March 2025 | $1,484 |
| April 2025 | $1,450 |
| May 2025 | $1,430 |
| June 2025 | $1,465 |
| July 2025 | $1,419 |
| August 2025 | $1,423 |
| September 2025 | $1,451 |
| October 2025 | $1,450 |
| November 2025 | $1,438 |
| December 2025 | $1,425 |
| January 2026 | $1,435 |
| February 2026 | $1,453 |
| March 2026 | $1,450 |
| April 2026 | $1,442 |
| May 2026 | $1,399 |
| June 2026 | $1,425 |
Can I afford to live at 4020 W 5th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$73,800/yr
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Wilshire Center - Koreatown | Los Angeles, CA
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Greater Valley Glen • 6611 Woodman Ave
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$2,050–$2,575
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$1,899–$8,005
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,320–$4,764
Mid-City West • 5700 W 6th St
1–2 Beds
$2,360–$4,017
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,450–$4,100
Mar Vista • 11650 National Blvd
Studio–2 Beds
$3,495
215 E Regent St
Studio–3 Beds
$2,470–$5,935
Greater Valley Glen • 6611 Woodman Ave
1–2 Beds
$2,050–$2,575
