5115 West Boulevard, Los Angeles, California 90043, Los Angeles, 90043 - 6 bed, 5 bath
Loading property details...
Los Angeles, California 90043
This Versatile Multi-Unit Compound is a High-Potential Investment Opportunity, listed at $1,999,999—aligning precisely with its $1,999,999 Fair Market Value. Boasting an Excellent Condition Rating, the property features a high-end contemporary renovation with Viking appliances, paid-off solar, and city light views. With three distinct living spaces and SB9 lot-split eligibility, the estate offers unparalleled rental upside or development potential. This turnkey asset is the ideal acquisition for Owner-Occupants looking to house-hack or Multi-Generational Families seeking a luxury private retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5115 West Boulevard Subject | $1,999,999* List Price | 6 | 5 | 4,236 | $472 | - |
A 5743 Chesley Avenue Active | $1,649,000 List Price | 6 | 6 | 3,049 | $541 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1922, the property has undergone an extensive, high-end contemporary renovation within the last 5 years. The kitchen is a standout feature with premium Viking stainless steel appliances, a large waterfall-edge island, and modern cabinetry. The interior features consistent light wood flooring, recessed lighting, and updated bathrooms with designer fixtures. Additional modern infrastructure includes paid-off solar panels and a Type 2 EV charger, meeting the highest current quality standards with no visible deferred maintenance.
High School: Middle College High School (9/10).
This unique compound features three distinct living spaces, including a 3,210 sq ft main residence, a permitted Airbnb Jr ADU, and a private guest house, offering immediate multi-stream rental income or multi-generational versatility.
The property is eligible for an SB9 lot split, providing a rare and valuable opportunity for investors to potentially create a separate parcel with its own address, significantly increasing the overall investment value.
The assigned public schools for this address have consistently low ratings, ranging from 1 to 3 out of 10, which may deter families who prioritize high-performing public education districts.
A substantial price reduction from the original $2.3M listing to $1.99M suggests the property may have struggled with initial market valuation or buyer hesitation at the higher price point.
RARE OPPORTUNITY: Discover this exceptional View Park property featuring three distinct living spaces on one generously sized lot. With multiple 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. This space comes fully permitted for Airbnb rental, offering immediate short-term rental potential. 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: continue the existing rental arrangement with immediate income, utilize the Airbnb permit already in place, 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 4,236 | 1,470.5 | 99% |
| Lot Size | 10,423 | 6,294 | 96% |
| Price | $2.00M | $850.0K | 98% |
| Price per sq ft | $472 | $622 | 12% |
| Built year | 1922 | 1926 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 165 | 32% |
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