3011 5th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath
ACTIVE$1,149,000
3011 5th Avenue, Los Angeles, California 90018
3Beds
2Baths
1,632Sqft
5,813Lot
Price Vs. Estimate
The estimated value ($1,149,000) is $0 (0%) lower than the list price ($1,149,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Remodel: The property has undergone a tasteful and extensive remodel, including a new kitchen, renovated bathrooms, new windows, and new central air and heat, offering a move-in ready experience.
Top Cons:
Multiple Price Reductions: The property has experienced several price drops from its original list price of $1.249M to $1.149M, which could indicate initial overpricing or challenges in attracting buyers.
Compared to the nearby listings
Price:$1.15M vs avg $880.0K (+$269,000)67%
Size:1,632 sqft vs avg 1,508 sqft63%
Price/sqft:$704 vs avg $62463%
More Insights
Built in 1912 (113 years old).
Condition: Despite being built in 1912, the property has undergone a comprehensive and recent renovation. The MLS description explicitly states 'beautiful new Kitchen,' 'newly renovated bathrooms,' 'new windows,' and 'new Central air and heat.' The images confirm these updates, showcasing a modern kitchen with new cabinetry, quartz countertops, and a gas cooktop, along with stylishly tiled bathrooms featuring new vanities, fixtures, and contemporary finishes. The entire interior, including flooring and lighting, appears virtually new and meets current quality standards, indicating no deferred maintenance.
Year Built
1912
Close
-
List price
$1.15M
Original List price
$1.25M
Price/Sqft
$704
HOA
-
Days on market
-
Sold On
-
MLS number
CV25154198
Home ConditionExcellent
Features
Patio
View-
About this home
This tastefully remodeled property is ready for its next loving owner. Open Floor plan, beautiful new Kitchen, newly renovated bathrooms, new windows, new Central air and heat, and much more. Featuring 3 large bedrooms, 2 gorgeous bathrooms, and plenty of space. No worries about parking, this home has a circular driveway, and plenty of parking in the rear with an enclosed gate. Great location next to gorgeous bungalows, cafes, and much more. The open floor plan seamlessly connects the living, dining, and kitchen areas, which is perfect for entertaining guests and family. Large backyard with private alley access, and plenty of space to build an ADU.
Nearby schools
3/10
Sixth Avenue Elementary School
Public,•K-5•0.1mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.8mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.9mi
5/10
Virginia Road Elementary School
Public,•K-5•1.0mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.1mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
5/10
Foshay Learning Center
Public,•K-12•1.1mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.4mi
4/10
West Adams Preparatory High School
Public,•9-12•2.1mi
4/10
Los Angeles Senior High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
01/30/25
Sold
$755,000
01/29/25
Sold
$695,000
Condition Rating
Excellent
Despite being built in 1912, the property has undergone a comprehensive and recent renovation. The MLS description explicitly states 'beautiful new Kitchen,' 'newly renovated bathrooms,' 'new windows,' and 'new Central air and heat.' The images confirm these updates, showcasing a modern kitchen with new cabinetry, quartz countertops, and a gas cooktop, along with stylishly tiled bathrooms featuring new vanities, fixtures, and contemporary finishes. The entire interior, including flooring and lighting, appears virtually new and meets current quality standards, indicating no deferred maintenance.
Pros & Cons
Pros
Extensive Remodel: The property has undergone a tasteful and extensive remodel, including a new kitchen, renovated bathrooms, new windows, and new central air and heat, offering a move-in ready experience.
Open Concept Living: The open floor plan seamlessly connects the living, dining, and kitchen areas, which is ideal for modern living and entertaining guests and family.
ADU Potential & Large Backyard: A large backyard with private alley access provides significant potential for adding an Accessory Dwelling Unit (ADU), enhancing future value and utility.
Ample and Secure Parking: The home features a circular driveway and plenty of additional parking in the rear with an enclosed gate, addressing a common concern in urban areas.
Desirable Location: Situated in a great location next to gorgeous bungalows and cafes, suggesting a vibrant and convenient neighborhood.
Cons
Multiple Price Reductions: The property has experienced several price drops from its original list price of $1.249M to $1.149M, which could indicate initial overpricing or challenges in attracting buyers.
Age of Structure: Built in 1912, despite extensive remodeling, the underlying structure is over a century old, which may lead to concerns about long-term maintenance or unforeseen issues.
Above Estimated Market Value: The current listing price is 5% higher than the property's estimated market value, suggesting it may still be considered slightly overpriced by some valuation models.