5010 Elmwood Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 3 bed, 3 bath
5010 Elmwood Avenue
Los Angeles, California 90004
Property Price
SUMMARY
Analysis of 5010 Elmwood Avenue, Los Angeles, California 90004 reveals a property with a current list price of $2,195,000, which is 5% above the estimated $2,083,668 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5010 Elmwood Avenue Subject | $2,195,000* List Price | 3 | 3 | 1,780 | $1,171 | - |
A 337 N Beachwood Sold | $1,800,000 | 3 | 3 | 1,668 | $1,079 | 0.3 mi |
B 626 N Cahuenga Boulevard Sold | $1,925,000 | 3 | 2 | 1,692 | $1,138 | 0.8 mi |
C 536 N Gower Street Sold | $2,385,000 | 4 | 3 | 2,018 | $1,182 | 0.4 mi |
D 640 Lillian Way Sold | $2,515,000 | 3 | 3 | 2,102 | $1,196 | 0.7 mi |
E 340 N Beachwood Drive Sold | $2,600,000 | 3 | 4 | 2,460 | $1,057 | 0.3 mi |
F 584 N Plymouth Boulevard Active | $2,458,000 List Price | 4 | 3 | 2,342 | $1,050 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1955, this property has undergone an extensive, high-quality renovation, making it virtually new. The description highlights 'beautifully renovated,' 'new mahogany front door,' 'new HVAC system and ducting,' 'updated electrical and plumbing,' and 'dual-pane windows.' The kitchen features brand-new cabinetry, quartz waterfall countertops, high-end Forno and Bosch appliances, and a farmhouse sink, all appearing pristine in the images. Bathrooms are spa-inspired with dual vanities and oversized deco-tiled showers. Flooring is a mix of white oak hardwood and new carpeting, and lighting is modern recessed LED. All major systems and aesthetic components are new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive High-Quality Renovation
The property has undergone a comprehensive, high-quality renovation, including new HVAC, updated electrical and plumbing, dual-pane windows, vaulted ceilings, white oak hardwood floors, and refreshed landscaping, ensuring a move-in ready experience with modern infrastructure.
- Gourmet Chef's Kitchen
Features a custom chef's kitchen equipped with high-end appliances like a Forno Capriasca 6-burner range, Bosch panel-ready dishwasher, quartz waterfall countertops, and a walk-in pantry, appealing to culinary enthusiasts.
- Luxurious Primary Suite
The main-level primary suite offers a custom walk-in closet and a spa-inspired bath with dual vanities and an oversized deco-tiled shower, providing a private and comfortable retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Modest Lot Size
With a lot size of 5006 sqft, the property offers limited outdoor space compared to some other residences in the area, which may restrict extensive landscaping or future expansion possibilities.
- Lack of Views
The property description explicitly states 'view: None', which might be a drawback for buyers prioritizing scenic vistas in a Los Angeles home.
About 5010 Elmwood Avenue
This beautifully renovated Larchmont residence blends contemporary elegance with timeless charm. Step inside through a new mahogany front door to a bright, airy living room featuring vaulted ceilings, recessed LED lighting, and white oak hardwood floors. The open layout flows into a custom chef's kitchen equipped with a Forno Capriasca 36" 6-burner range, custom range hood, quartz waterfall countertops, LED cabinet lighting, a Bosch panel-ready dishwasher, farmhouse sink, counter-depth 4-door refrigerator, decorative tile backsplash, brand-new cabinetry with crown molding, and a walk-in pantry.An inviting family/game room offers the perfect space for entertaining, complete with a custom bar, sink, dual beverage/wine refrigerators, skylights, and French doors leading to two outdoor patios: one covered with pavers and ceiling-fan lighting, the other a peaceful hardscaped retreat.The main-level primary suite features a custom walk-in closet and a spa-inspired bath with dual vanities, an oversized deco-tiled shower, and a mirrored barn door enclosing the private toilet area. Upstairs, two additional bedrooms include custom closets and share a thoughtfully designed bathroom with a dual-access vanity.Extensive upgrades include a new HVAC system and ducting, dual-pane windows, updated electrical and plumbing, custom lighting, skylights, redwood fencing, redwood decking with Trex railing, new garage door, and refreshed landscaping with LED lighting and drip irrigation.Ideally located near Larchmont Village with convenient access to Metro transit and major freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,006 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Van Ness Avenue Elementary School
Grades K-5 • 0.1 mi
Third Street Elementary School
Grades K-5 • 1.2 mi
Joseph Le Conte Middle School
Grades 6-8 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,780 | 2,460 | 36% |
| Lot Size | 5,006 | 6,756 | 15% |
| Price | $2.19M | $2.15M | 51% |
| Price per sq ft | $1.2K | $960 | 89% |
| Built year | 1955 | 1922 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 176 | 13% |
Pricing History
Listed for Sale
Nov 25, 2025
$2,195,000
Initial Listing
Sold
Sep 20, 2024
$1,620,000
Public Record