5020 Alcove Avenue, Valley Village, California 91607, Valley Village, 91607 - 3 bed, 2 bath

5020 Alcove Avenue, Valley Village, California 91607 home-pic-0
ACTIVE$1,250,000
5020 Alcove Avenue, Valley Village, California 91607
3Beds
2Baths
1,727Sqft
7,694Lot
Year Built
1958
Close
-
List price
$1.25M
Original List price
$1.4M
Price/Sqft
$724
HOA
-
Days on market
-
Sold On
-
MLS number
PW25228671
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.25M(31th), sqft - 1727(44th), beds - 3(50th), baths - 2(50th).

Nestled on a peaceful cul-de-sac in Valley Village, this charming single-level home offers 3 bedrooms, 2 bathrooms, and 1,727 sq ft of comfortable living space. Built in 1958, it features an attached two-car garage and a layout designed for ease and flow. Step through the front door and into the inviting living room, where rich wood flooring stretches across much of the home, setting a warm and cohesive tone. Just beyond, the formal dining area awaits—anchored by a cozy fireplace and illuminated by natural light pouring through a glass sliding door that opens to the backyard. The kitchen, conveniently located adjacent to the dining area, is equipped with ample cabinetry and a double oven, perfect for culinary enthusiasts. A quaint dinette area sits nearby, offering a lovely view of the front yard and a relaxed spot for morning coffee. Tucked between the kitchen and dinette is a discreet laundry closet, adding everyday practicality. Down the hall, two guest bedrooms provide restful retreats, each outfitted with ceiling fans for added comfort. A full guest bathroom serves these rooms, offering functionality and style. The primary bedroom suite is generously sized, featuring a walk-in closet and its own en-suite 3/4 bathroom with a shower, creating a private haven within the home. Step outside to discover a tranquil backyard framed by lush landscaping that enhances privacy. A covered patio invites outdoor dining, lounging, or entertaining in a serene setting. Located near award-winning schools, popular restaurants, and abundant shopping options, this home combines quiet residential living with convenient access to everything Valley Village has to offer.

Nearby schools

7/10
Burbank Boulevard Elementary School
Public,K-51.0mi
6/10
John B. Monlux Elementary School
Public,K-51.3mi
6/10
Erwin Elementary School
Public,K-51.6mi
6/10
Lankershim Elementary School
Public,K-52.0mi
7/10
Rio Vista Elementary School
Public,K-52.8mi
6/10
Walter Reed Middle School
Public,6-81.7mi
5/10
James Madison Middle School
Public,6-82.5mi
6/10
Ulysses S. Grant Senior High School
Public,9-121.1mi
8/10
North Hollywood Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
11/12/25
Price Change
$1,250,000-3.8%
10/30/25
Price Change
$1,300,000-3.7%
10/11/25
Price Change
$1,350,000-3.6%
09/30/25
Listing
$1,400,000
Condition Rating
Fair

Built in 1958, this home shows signs of regular upkeep in areas like the living room and bedrooms with hardwood floors and fresh paint. However, the kitchen and bathrooms are significantly dated, featuring original or very old pink and green tiled countertops, backsplashes, and fixtures, along with older white appliances and linoleum/vinyl flooring. While functional, these key areas require substantial renovation to meet modern aesthetic and functional standards. The property's age and the lack of central air conditioning (as noted in the weaknesses) also contribute to its 'Fair' rating, indicating it's aged but maintained, with major components showing signs of being outdated rather than requiring immediate structural or safety repairs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7694, living area = 1727.
Prime Valley Village Location: Nestled on a peaceful cul-de-sac, the property offers convenient access to award-winning schools, popular restaurants, and abundant shopping, enhancing its desirability.
Single-Level Living & Functional Layout: The single-level design provides ease of access and a practical flow throughout the 1,727 sq ft, appealing to a wide range of buyers.
Inviting Interior Features: The home boasts rich wood flooring, a formal dining area with a cozy fireplace, and a generously sized primary bedroom suite with a walk-in closet and en-suite bathroom.
Private Outdoor Oasis: A tranquil backyard framed by lush landscaping offers enhanced privacy, complemented by a covered patio perfect for outdoor dining and relaxation.
Attractive Price Point: Multiple price reductions have positioned the current listing price below the estimated market value, presenting a compelling opportunity for potential buyers.

Cons

Age of Property & Potential System Upgrades: Built in 1958, the home may require updates to major systems such as HVAC, electrical, or plumbing to meet modern efficiency and comfort standards.
Lack of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in Southern California.
Potentially Dated Kitchen and Bathrooms: While functional, the kitchen and bathrooms are not described as recently remodeled, suggesting they may feature older finishes or designs that could necessitate future renovation for modern aesthetic preferences.

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