5115 West Boulevard, Los Angeles, California 90043, Los Angeles, 90043 - 6 bed, 5 bath
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Los Angeles, California 90043
This Multi-Unit Compound represents a High-Potential Investment Opportunity, currently listed at $1,850,000, which aligns with its $1,850,000 Fair Market Value. Featuring a Mint Condition Rating following a comprehensive high-end renovation, the property includes a main residence, JADU, and guest house. With SB9 eligibility, paid-off solar panels, and panoramic city and mountain views, this asset offers immediate rental income potential and long-term development flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, income-generating compound in View Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 West Boulevard Subject | $1,750,000* List Price | 6 | 5 | 4,236 | $413 | - |
A 5732 Hillcrest Drive Sold | $1,280,000 | 4 | 3 | 2,574 | $497 | 0.4 mi |
B 4928 8th Avenue Active | $1,399,000 List Price | 5 | 4 | 3,085 | $453 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years, featuring a modern open-concept kitchen with premium stainless steel appliances, updated bathrooms with contemporary fixtures, and new wide-plank flooring throughout. Systems are modernized with paid-off solar panels, a Type 2 EV charger, and a security system, meeting the criteria for mint condition with no immediate maintenance required.
High School: Middle College High School (9/10).
The property features three distinct living units and is SB9 eligible, offering a rare opportunity for significant rental income or a potential lot split to double investment value.
Equipped with fully paid-off solar panels and a Type 2 EV charger, the home provides immediate utility savings and caters to eco-conscious buyers seeking modern convenience.
The property has been on the market for over 180 days and has undergone multiple significant price reductions, which may indicate initial overpricing or buyer hesitation.
The assigned public schools for this address carry low performance ratings, which could be a significant drawback for families prioritizing high-quality educational districts.
RARE OPPORTUNITY: Discover this exceptional View Park property featuring three distinct living spaces: main house, JADU, and guest house. With income potential and SB9 eligibility, this unique compound offers unparalleled versatility for savvy investors and homeowners alike. The stunning main residence boasts 3,210 sq ft of sophisticated open-concept living with 5 beds and 2.5 baths, blending contemporary design with practical luxury. Seamlessly connected yet completely private, the 486 sq ft 1 bed 1 bath Jr ADU features its own entrance, yard, and deck. Despite its efficient footprint, the open layout creates a surprisingly spacious feel. Lastly, privately fenced and set discreetly at the rear of the property with its own walkway and expansive yard, the 540 sq ft guest house offers complete privacy with 1 bed and 1 bath. This section of the property is eligible for SB9 lot splitting, allowing you to potentially create a separate parcel with its own address. This exceptional property opens a world of possibilities: rent one of the units for immediate income, create the perfect multi-family living situation, or explore the SB9 option to split into two separate parcels, potentially doubling your investment value. Live in luxury while generating substantial passive income. The versatility of this View Park compound represents a truly exceptional opportunity in today's real estate market. Don't miss your chance to own this one-of-a-kind property where luxury living meets smart investing. Additional features include paid-off solar panels, a Type 2 EV charger, and a Vivint security system, ensuring sustainability, convenience, and peace of mind.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,236 | 1,672 |
| Lot Size | 10,423 | 6,067 |
| Price | $1.75M | $1.37M |
| Price per sq ft | $413 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 198 | 56 |
Jul 16, 2026
$1,750,000
$1,850,000
-5% Price Drop
Initial Listing
May 28, 2026
$1,850,000
$1,999,999
-7% Price Drop
Initial Listing
Mar 21, 2026
$1,999,999
$2,300,000
-13% Price Drop
Initial Listing
Jan 6, 2026
$2,300,000
Initial Listing
Feb 13, 2020
$1,525,000
Public Record
Jul 15, 2009
$513,000
Public Record
Mar 27, 2007
$1,150,000
Public Record
May 13, 1997
$245,000
Public Record