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5113 5th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

5113 5th Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$949,999$1,315/sqft
Est. Value: $919,002
-3%
AboveEstimate
5113 5th Avenue, Los Angeles, California 90043
3Beds
2Baths
1,315Sqft
6,724Lot

Price Vs. Estimate

The estimated value ($919,001.565) is $30,997.435 (3%) lower than the list price ($949,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Age of Original Structure: Despite extensive modern renovations, the home was originally built in 1923, which may imply older underlying infrastructure that could require future maintenance or upgrades not covered by cosmetic updates.

Compared to the nearby listings

Price:$950.0K vs avg $850.3K (+$99,668)56%
Size:1,315 sqft vs avg 1,507 sqft31%
Price/sqft:$722 vs avg $62280%

More Insights

Built in 1923 (103 years old).
Condition: Despite being built in 1923, this property has undergone a complete and extensive modern renovation, making it virtually new. The kitchen features custom white oak cabinetry, white quartz countertops, and high-quality Forno appliances. Both bathrooms are fully updated with neutral porcelain tile, modern vanities, and contemporary finishes. Engineered white oak flooring is consistent throughout, and all visible components, including lighting and fixtures, are new and meet current quality standards, indicating a recent, high-end 'turnkey' renovation.
Year Built
1923
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$722
HOA
-
Days on market
-
Sold On
-
MLS number
PW25281844
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this stunning transitional modern home offering 3 bedrooms, 2 full baths and approximately 1,315 sqft of airy and bright open-concept living space in the desirable Park Mesa Heights neighborhood. Designed for modern living, the open floor plan seamlessly connects the living, dining, and kitchen areas. The chef’s kitchen features custom white oak cabinetry, white quartz countertops and high quality Forno appliances, complemented by engineered white oak flooring throughout the home. Both bathrooms feature neutral porcelain tile, modern vanities and clean contemporary finishes. The true standout feature is the spacious backyard with approved ADU plans and Ready-To-Issue (RTI) permits, offering income producing opportunity. Build a second unit for rental income, short- or long-term leasing, guest quarters, or multigenerational living—a rare and valuable asset in today’s market. Conveniently located near parks, shopping, dining, major freeways, LAX, SoFi Stadium, and Downtown Los Angeles, this property combines turnkey living with strong future upside. A rare blend of modern design and future income potential—this opportunity won’t last. Don’t miss out.

I
Itxel Marquez
Listing Agent

Nearby schools

3/10
Angeles Mesa Elementary School
Public,•K-5•0.1mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•0.7mi
2/10
Yes Academy
Public,•K-5•1.1mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.2mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.7mi
3/10
Windsor Hills Math Science
Public,•K-5•1.9mi
4/10
Centinela Elementary School
Public,•K-6•1.9mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.8mi
2/10
Audubon Middle School
Public,•6-8•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.1mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.4mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•4.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.4mi
2/10
Inglewood High School
Public,•9-12•3.1mi
2/10
George Washington Preparatory High School
Public,•9-12•4.2mi
9/10
Middle College High School
Public,•9-12•6.4mi

Price History

Date
Event
Price
12/31/24
Sold
$545,000
11/29/06
Sold
$450,000
Condition Rating
Excellent
Despite being built in 1923, this property has undergone a complete and extensive modern renovation, making it virtually new. The kitchen features custom white oak cabinetry, white quartz countertops, and high-quality Forno appliances. Both bathrooms are fully updated with neutral porcelain tile, modern vanities, and contemporary finishes. Engineered white oak flooring is consistent throughout, and all visible components, including lighting and fixtures, are new and meet current quality standards, indicating a recent, high-end 'turnkey' renovation.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
ADU Potential with RTI Permits: The property features a spacious backyard with approved ADU plans and Ready-To-Issue (RTI) permits, offering significant income-producing opportunities for rental, guest quarters, or multi-generational living.
Extensive Modern Renovation: This 'transitional modern home' boasts a stunning, turnkey renovation including a chef's kitchen with custom white oak cabinetry, quartz countertops, high-quality Forno appliances, engineered white oak flooring, and contemporary bathroom finishes.
Desirable Location & Accessibility: Situated in the desirable Park Mesa Heights neighborhood, the home offers convenient access to parks, shopping, dining, major freeways, LAX, SoFi Stadium, and Downtown Los Angeles.
Open-Concept Living Space: The design emphasizes modern living with an airy, bright, and open-concept floor plan that seamlessly connects the living, dining, and kitchen areas, appealing to contemporary preferences.
Spacious Backyard: The property includes a spacious backyard (6,724 sqft lot size), providing ample outdoor living space and supporting the valuable ADU development potential.

Cons

Age of Original Structure: Despite extensive modern renovations, the home was originally built in 1923, which may imply older underlying infrastructure that could require future maintenance or upgrades not covered by cosmetic updates.
Low-Rated Local Schools: Several nearby public schools, including elementary, middle, and high schools, have relatively low ratings (mostly 1s, 2s, and 3s), which could be a concern for families prioritizing school quality.
Lack of View: The property explicitly states 'None' for views, which might be a drawback for buyers seeking scenic vistas, a common premium feature in the Los Angeles market.
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