5065 Goodland Avenue, Los Angeles, California 91607, Los Angeles, 91607 - 3 bed, 2 bath
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5065 Goodland Avenue
Los Angeles, California 91607
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,777Sq Ft
8,603Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,356,356
3% AboveMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,399,000—positioned slightly above the $1,356,356 Fair Market Value. While the price reflects the premium Valley Village location, the property offers significant utility through its 8,603-sq/ft lot and versatile 1BD/1BA bonus living space. Featuring a chef's kitchen with Wolf and Sub-Zero appliances and a Condition Rating of 3, this home provides a stable, move-in ready environment. It is an ideal acquisition for Owner-Occupants or multigenerational families seeking long-term value in a top-tier school district.
Estimated Market Value
$1,356,356
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5065 Goodland Avenue Subject | $1,399,000* List Price | 3 | 2 | 1,777 | $763 | - |
A 5020 Alcove Avenue Sold | $1,150,000 | 3 | 2 | 1,727 | $666 | 0.1 mi |
B 12540 Albers Street Sold | $1,600,000 | 3 | 3 | 1,816 | $881 | 0.6 mi |
C 12727 La Maida Street Sold | $1,250,000 | 3 | 2 | 1,388 | $901 | 0.3 mi |
D 12428 Addison Street Sold | $1,700,000 | 3 | 3 | 2,090 | $813 | 0.5 mi |
E 5618 Saint Clair Avenue Sold | $1,415,000 | 3 | 3 | 2,204 | $642 | 1.0 mi |
F 5812 Alcove Avenue Sold | $1,060,000 | 3 | 3 | 1,610 | $658 | 0.9 mi |
G 12773 La Maida Street Active | $1,324,900 List Price | 3 | 2 | 1,300 | $1,019 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1951, the home is well-maintained and move-in ready with renovations likely in the 5-15 year range. The kitchen features high-end Wolf and Sub-Zero appliances, and the property includes modern upgrades like paid-off solar panels and recessed lighting, though the exterior driveway shows significant cracking.
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 = 8603, living area = 1777.
- Premium Chef's Kitchen
The kitchen features high-end professional appliances, including a Wolf range and Sub-Zero refrigerator, offering immediate luxury and value for home entertainers.
- Versatile Bonus Living Space
A finished 1BD/1BA bonus area provides exceptional flexibility for multigenerational living, a guest suite, or a private home office, significantly increasing the home's utility.
CONSRISKS & DEFICIENCIES
- Unpermitted Living Area
The bonus 1BD/1BA space is unpermitted, which may present challenges for buyers regarding financing, appraisals, and future building code compliance.
- Lack of Scenic Views
The property offers no significant views, which could be a disadvantage for buyers prioritizing the panoramic vistas common in other high-end Los Angeles neighborhoods.
About 5065 Goodland Avenue
Welcome to a rare opportunity in one of Valley Village's most sought-after neighborhoods. A beautifully maintained traditional home that perfectly blends timeless character, thoughtful updates, and incredible flexibility for today's lifestyle. Nestled on an expansive 8,603-square-foot lot along a quiet non-through street, this inviting residence offers exceptional privacy. Bathed in natural light, the approximately 1,777-sq/ft main residence showcases beautiful original hardwood floors, an ideal floor plan, and a warm, inviting atmosphere. The chef's kitchen is designed for both everyday living and entertaining. Outfitted with a premium Wolf range and Sub-Zero refrigerator, it combines professional-grade appliances. Tasteful kitchen and bathroom improvements completed over the years provide the perfect balance of modern convenience and classic charm. Adding to the home's exceptional value are fully owned, paid-off solar panels. Offering 3BD and 2BA in the main residence, the property becomes even more exceptional with its beautifully finished, unpermitted 1BD, 1BA bonus living area. Thoughtfully completed, this versatile space opens the door to countless possibilities including multigenerational living, a private guest retreat, or a home office. Outside, the backyard provides endless possibilities. This exceptional home offers yet another reason Valley Village continues to be one of the San Fernando Valley's most coveted neighborhoods. Combined with its quiet non-through street, oversized lot, flexible bonus living space, and central location near studios, Ventura Boulevard, shopping, dining, and parks, this is an amazing possibility to enjoy both lifestyle and long-term value. Move right in, personalize over time, and enjoy the lifestyle that has made Valley Village one of Los Angeles' most coveted places to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 8,603 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
Los Angeles Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.9 mi
7/10
John B. Monlux Elementary School
Grades K-5 • 1.2 mi
6/10
Erwin Elementary School
Grades K-5 • 1.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,777 | 1,664.159 |
| Lot Size | 8,603 | 6,066.556 |
| Price | $1.40M | $1.35M |
| Price per sq ft | $787 | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 26 | 55 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,399,000
Initial Listing
Sold
Dec 21, 1993
$265,000
Public Record