5006 Los Feliz Boulevard, Los Angeles, California 90027, Los Angeles, 90027 - 4 bed, 3 bath

5006 Los Feliz Boulevard, Los Angeles, California 90027 home-pic-0

5006 Los Feliz Boulevard

Los Angeles, California 90027

ACTIVE
CONDITION: POOR
4Beds
3Baths
3,200Sq Ft
9,004Lot Size

Property Price

LIST PRICE$2,400,000
EST. MARKET VALUE
$2,437,639

SUMMARY

Estimated Market Value

$2,437,639
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5006 Los Feliz Boulevard
Subject
$2,400,000*
List Price
433,200$762-
A
1976 N Catalina Street
Sold
$2,100,000442,710$7750.3 mi
B
2341 N Hobart Boulevard
Sold
$2,828,000553,161$8950.4 mi
C
2022 N Catalina Street
Sold
$1,800,000321,934$9310.2 mi
D
2329 N Edgemont
Active
$2,300,000
List Price
532,949$7800.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1948, this property is explicitly marketed as a 'fix-and-flip' investment opportunity. The kitchen and bathrooms are significantly outdated, featuring mid-century tiling, old cabinetry, and aged appliances. The interior shows deferred maintenance with old carpeting and dated fixtures, requiring a full-scale renovation to meet modern standards for the neighborhood.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Ivanhoe Elementary School (9/10).

  • Premier Los Feliz Location

    Situated on the iconic Los Feliz Boulevard, this property offers a prestigious address surrounded by multimillion-dollar estates and provides easy access to Griffith Park trails and local amenities.

  • Permitted Guest House

    The inclusion of a fully permitted, two-story, 1-bedroom guest house adds significant value, offering immediate potential for rental income, a private home office, or multigenerational living.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3200, other record living area = 2344. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Extensive Renovation Required

    The property is marketed as an investment opportunity needing to be 'reimagined,' suggesting that the 1948 structure requires significant capital expenditure to meet modern luxury standards.

  • High Acquisition Cost for Investors

    With a list price of $2.4 million, the high entry point combined with necessary construction costs may limit the margin for investors seeking a traditional short-term return on investment.

About 5006 Los Feliz Boulevard

Discover an exceptional INVESTMENT OPPORTUNITY in the heart of Los Feliz, one of Los Angeles' most coveted and character-rich neighborhoods. Surrounded by multimillion-dollar estates and lush greenery, this loved family home is ready for its next chapter. Set on a prime, centrally located lot, this dual-income property features a main residence with 3 bedrooms and 2 bathrooms, generous living spaces, large bedrooms, and an expansive kitchen footprint ready to be reimagined. The home offers great bones and endless potential for a stunning renovation or profitable fix-and-flip. Adding tremendous value is a fully permitted, two-story, 1 bed, 1 bath guest house, creating an ideal opportunity for rental income, multigenerational living, or a high-yield investment strategy. The property also boasts a pool and spa, offering the perfect foundation for creating a private retreat. Enjoy easy access to scenic hiking trails leading into Griffith Park, while remaining minutes from the best dining, shopping, and culture Los Feliz has to offer. This is a rare chance to transform a cherished home into a modern showpiece in a premier location. With unbeatable surroundings, and so much upside, this property is a true investor's dream.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1948
Lot Size
9,004 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Los Feliz STEMM Magnet

Grades K-6 • 0.6 mi

7/10

Franklin Avenue Elementary School

Grades K-6 • 0.8 mi

8/10

Grant Elementary School

Grades K-6 • 1.1 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.5
50%
Square foot3,2002,562
74%
Lot Size9,0047,457.5
64%
Price$2.40M$2.46M
49%
Price per sq ft$750$1.0K
16%
Built year19481935
66%
HOA$0$0
50%
Days on market17175
3%

Pricing History

Listed for Sale

Feb 17, 2026

$2,400,000

Initial Listing

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