5038 W Avenue L10, Quartz Hill, California 93536, Quartz Hill, 93536 - 3 bed, 2 bath
5038 W Avenue L10
Quartz Hill, California 93536
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5038 W Avenue L10 Subject | $595,000* List Price | 3 | 2 | 1,366 | $367 | - |
A 42359 52nd W Sold | $479,950 | 3 | 2 | 1,522 | $315 | 0.6 mi |
B 42226 55th W Sold | $450,000 | 3 | 2 | 1,328 | $339 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1957, the property shows signs of regular upkeep with fresh paint and newer bedroom carpets. The kitchen features updated stainless steel appliances, but the cabinets and countertops are dated. Bathrooms are functional but have older style vanities and tile work, likely updated 15-25 years ago. The overall aesthetic is aged, and while livable, it requires minor updates to meet current standards, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 17439, living area = 1366.
- Pre-Approved Development Plans
Plans for 12 units (8 market-rate, 4 affordable) are already approved by the LAC planning department, significantly reducing development risk and timeline for investors.
- High-Density LCR3 Zoning
The property benefits from LCR3 zoning, allowing for high-density residential development and maximizing the potential for multi-unit construction.
CONSRISKS & DEFICIENCIES
- Age of Existing Structure
Built in 1957, the current single-family home is older and will likely require demolition, adding to the overall development costs.
- Significant Capital Investment Required
Despite approved plans, the project demands substantial capital for demolition, site preparation, and the construction of 12 new units.
- Limited Appeal for Traditional Homebuyers
The property's primary value is in its development potential, making the existing single-family home less attractive to buyers seeking a move-in ready residence.
About 5038 W Avenue L10
Exceptional INVESTOR OPPORTUNITY to acquire a well-situated LCR3-zoned property in Quartz Hill. Plans for 12 units have been approved by LAC planning department (8 per zone plus 4 affordable units). Currently improved with a single-family home, the property provides rental income potential while you plan your build. Located in a sought-after neighborhood with strong rental demand, close to major transit, shopping, dining, and employment hubs. Whether you’re a seasoned developer or an investor seeking value-add potential, this property is ready for your vision.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 17,439 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,366 | 2,069 | 11% |
| Lot Size | 17,439 | 9,560 | 79% |
| Price | $595.0K | $547.0K | 69% |
| Price per sq ft | $436 | $268 | 98% |
| Built year | 1957 | 1990 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 208 | 196 | 58% |
Pricing History
Listed for Sale
Aug 10, 2025
$595,000
Initial Listing