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5th Street Apartments earns a strong overall rating with especially high marks for value, amenities, and location, suggesting a well-rounded option for renters. Notable features include 3D virtual tours, air conditioning, a balcony, elevator access, closet space, and granite counters, while its pros point to pet-friendly features and nearby grooming services.
Things you’ll love
DishwasherElevatorFireplaceGreat for
Pet owners| 1 BD/1 BA | 1 bed | 1 bath | 624 sqft | $1,995 /mo | 1 unit available | 5th Street Apartments is a clean and quiet building in the heart of Koreatown. We currently have one bedroom available for immediate occupancy. Unit benefits include crown and base molding, laminate flooring, new counter tops. stove, fireplace, walk-in closet, plenty of closet space, central air conditioner and heat, and balcony. Community benefits include 1 assigned parking, 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. 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. This unit will not last!!! MOVE IN SPECIAL: $500 LOOK AND LEASE! (Applicant must apply within 24 hours of viewing). CHECK OUT OUR 3D VIRTUAL TOURS HERE: https my matterport com show ?m=bBTckyJukH2 (unit 104) -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
| Range | Stove |
Building
| Cats OK | Controlled Access |
| Dogs OK | 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 5% more than the average rent price for 1-bedroom apartments in Wilshire Center - Koreatown.
| Month | Median Rent |
|---|---|
| August 2024 | $1,850 |
| 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 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,491 |
| 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 | $1,412 |
| July 2026 | $1,399 |
| August 2026 | $1,395 |
Can I afford to live at 4020 W 5th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$79,800/yr
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Wilshire Center - Koreatown | Los Angeles, CA
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$2,700–$4,678
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$1,395–$2,195
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$2,339–$4,995
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$2,699–$5,967
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$2,495–$2,575
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$2,150–$2,600
West Adams • 5181 W Adams Blvd
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$2,150–$2,695
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,099–$4,047
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,700–$4,678
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,339–$4,995
Hollywood Studio District • 5750 Hollywood Blvd
Studio–3 Beds
$2,699–$5,967
Sherman Oaks • 14520 Magnolia Blvd
2 Beds
$2,495–$2,575
Downtown Los Angeles • 1000 S Hope St
Studio–1 Bed
$2,150–$2,600
West Adams • 5181 W Adams Blvd
Studio–1 Bed
$2,150–$2,695
