Realkey.ai
RealKey
‪(213) 433-7766‬

5020 Aldama, Los Angeles, California 90042, Los Angeles, 90042 - 5 bed, 2 bath

5020 Aldama, Los Angeles, California 90042 home-pic-0
ACTIVE$1,349,000$1,798/sqft
5020 Aldama, Los Angeles, California 90042
5Beds
2Baths
1,798Sqft
7,339Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a tenant-occupied duplex with two distinct units (3-bed/2-bath and 2-bed/1-bath), offering immediate rental income and flexibility for an owner-user.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7339, other record lot size in square feet = 7187.

Compared to the nearby listings

Price:$1.35M vs avg $1.03M (+$314,000)67%
Size:1,798 sqft vs avg 1,798 sqft50%
Price/sqft:$750 vs avg $69578%

More Insights

Built in 1966 (60 years old).
Condition: Despite being built in 1966, the listing explicitly states 'newer kitchens and bathrooms' and 'recent infrastructure upgrades such as new sewer lines installed earlier this year.' These significant updates to critical areas like plumbing, kitchens, and bathrooms indicate the property is move-in ready with no immediate major renovations required. While the living room image shows a window AC unit and a generally lived-in appearance, the described renovations align with the 'Good' criteria for properties extensively renovated within the last 5-15 years, ensuring major systems are functional and updated.
Year Built
1966
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$750
HOA
-
Days on market
-
Sold On
-
MLS number
SR25278290
Home ConditionGood
Features
Good View: Panoramic, Peek-A-Boo
Deck
Patio
ViewPanoramic, Peek-A-Boo

About this home

First time on the market in over 30 years, this contemporary two-unit property in the heart of Highland Park presents a rare investment or owner-user opportunity. The tenant-occupied duplex features two well-laid-out units: Unit 1 offers 3 bedrooms and 2 baths, while Unit 2 includes 2 bedrooms and 1 bath. Both units enjoy private decks with spectacular views of the surrounding hills and neighborhood. Set on a large lot, the property offers potential to add an ADU at the rear (buyer to verify), enhancing future value and income possibilities. Interior highlights include newer kitchens and bathrooms, and recent infrastructure upgrades such as new sewer lines installed earlier this year, complete with an added cleanout line for easier maintenance. Ideally located near some of Highland Park’s most popular coffee shops, restaurants, and boutiques, the home is also close to York Boulevard and Figueroa Street, local parks, hiking trails, and easy access to Downtown Los Angeles, Pasadena, and major freeways. Enjoy a vibrant community known for its arts scene, nightlife, and outdoor activities, all just minutes away. A rare opportunity to own a well-maintained income property in one of Northeast LA’s most desirable neighborhoods.

J
Jose Soto
Listing Agent
Condition Rating
Good
Despite being built in 1966, the listing explicitly states 'newer kitchens and bathrooms' and 'recent infrastructure upgrades such as new sewer lines installed earlier this year.' These significant updates to critical areas like plumbing, kitchens, and bathrooms indicate the property is move-in ready with no immediate major renovations required. While the living room image shows a window AC unit and a generally lived-in appearance, the described renovations align with the 'Good' criteria for properties extensively renovated within the last 5-15 years, ensuring major systems are functional and updated.
Pros & Cons

Pros

Income-Generating Duplex: The property is a tenant-occupied duplex with two distinct units (3-bed/2-bath and 2-bed/1-bath), offering immediate rental income and flexibility for an owner-user.
Significant ADU Potential: Set on a large lot, the property offers potential to add an Accessory Dwelling Unit (ADU) at the rear, which can significantly enhance future value and income possibilities.
Extensive Recent Upgrades: Both units feature newer kitchens and bathrooms, along with recent infrastructure upgrades including new sewer lines and an added cleanout, reducing immediate capital expenditures for a buyer.
Prime Highland Park Location: Ideally located in a vibrant community near popular coffee shops, restaurants, boutiques, parks, and hiking trails, with easy access to Downtown Los Angeles, Pasadena, and major freeways.
Private Decks with Views: Both units enjoy private decks offering spectacular views of the surrounding hills and neighborhood, enhancing the living experience and property appeal.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7339, other record lot size in square feet = 7187.
Tenant-Occupied Status: While providing income, the tenant-occupied status may present challenges for an owner-user seeking immediate occupancy or require navigating tenant relocation processes.
Age of Property: Built in 1966, despite recent upgrades to kitchens, bathrooms, and sewer lines, other original systems or components of the property may require future maintenance or replacement.
ADU Potential Requires Verification: The potential to add an ADU is noted with a 'buyer to verify' clause, indicating that the process is not turnkey and will require due diligence, time, and investment from the buyer.
Browse Properties by State Browse housing market trends by state