5126 Chesley Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 2 bath

5126 Chesley Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,499,000
5126 Chesley Avenue, Los Angeles, California 90043
4Beds
2Baths
2,152Sqft
6,996Lot
Year Built
1938
Close
-
List price
$1.5M
Original List price
$1.7M
Price/Sqft
$697
HOA
-
Days on market
-
Sold On
-
MLS number
AR25000671
Home ConditionExcellent
Features
Good View: City Lights
Deck
Pool
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.50M(91th), sqft - 2152(90th), beds - 4(82th), baths - 2(50th).

Located on a clean quiet street and nestled among beautiful homes in the highly sought after, picture perfect neighborhood adjacent to View Park-Windsor Hills awaits an absolute dream home. With 4-bedrooms, 2-bathrooms PLUS a detached recreation room overlooking a sparkling pool this one checks all the best boxes. Everything has been totally updated with thoughtful, fresh design and attention paid to every detail. Upon entering the main living room you'll discover a cozy fireplace, designer lighting and warm hardwood floors throughout. Three spacious bedrooms, a large laundry room and a bathroom are perfectly appointed in their own quarters on the lower level. Down the hall a great room open concept gathering space reveals a large lounge area, dining and a beautiful and bright chef's kitchen overlooking the spa-like backyard. The entire upper level is dedicated to a romantic and chic primary suite with a custom built walk-in closet, hotel-like en suite bath and a private balcony overlooking city light views and the pool below. The tranquil backyard is like your own awesome resort. Just beyond the kitchen you'll find a custom deck with a built-in bar / lounge area that overlooks a pristine pool, perfect for entertaining, dining al fresco at days end or making family memories in any season. The detached recreation room with a custom bar overlooking the pool has versatility galore and could also become a possible ADU to the property. In addition there is a large covered garage that opens up to the backyard for additional parking. This is the one!

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,K-50.6mi
3/10
Angeles Mesa Elementary School
Public,K-50.7mi
2/10
Forty-Second Street Elementary School
Public,K-51.0mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.0mi
2/10
Yes Academy
Public,K-51.1mi
3/10
Windsor Hills Math Science
Public,K-51.2mi
4/10
Centinela Elementary School
Public,K-61.4mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.9mi
1/10
Lane (Warren) Elementary School
Public,K-62.1mi
2/10
Audubon Middle School
Public,6-81.0mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.5mi
1/10
Horace Mann Junior High School
Public,6-81.9mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.5mi
2/10
Crozier (George W.) Middle School
Public,7-82.9mi
/10
Monroe (Albert F.) Middle School
Public,6-83.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.3mi
2/10
Inglewood High School
Public,9-122.7mi
2/10
George Washington Preparatory High School
Public,9-124.4mi
9/10
Middle College High School
Public,9-126.8mi

Price History

Date
Event
Price
10/16/23
Sold
$1,175,000
Condition Rating
Excellent

Despite being built in 1938, the listing explicitly states, 'Everything has been totally updated with thoughtful, fresh design and attention paid to every detail.' The images confirm a comprehensive, high-quality renovation, showcasing a modern chef's kitchen with white shaker cabinets, stainless steel appliances, and a large island. Bathrooms feature contemporary vanities, stylish tiling, and modern fixtures, including a 'hotel-like en suite bath' with a freestanding tub and walk-in shower. The property boasts warm hardwood floors throughout, designer lighting, and appears to have all components new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Extensive Modern Renovation: The property has been 'totally updated with thoughtful, fresh design and attention paid to every detail,' offering a move-in ready modern living experience.
Prime Location & Neighborhood: Situated on a 'clean quiet street' in a 'highly sought after, picture perfect neighborhood adjacent to View Park-Windsor Hills,' indicating strong desirability.
Resort-Style Outdoor Living: Features a 'tranquil backyard' with a 'pristine pool,' custom deck, and built-in bar/lounge area, ideal for entertaining and relaxation.
ADU Potential with Detached Recreation Room: A 'detached recreation room with a custom bar' offers significant versatility and potential for conversion into an Accessory Dwelling Unit (ADU), adding value and income potential.
Luxurious Primary Suite with Views: The dedicated upper-level primary suite boasts a custom walk-in closet, hotel-like en suite bath, and a private balcony with 'city light views'.

Cons

Significant Price Discrepancy: The current list price of $1,499,000 is considerably higher than the estimated value of $991,160 and the last sold price of $1,175,000 (Oct 2023), potentially indicating an aggressive pricing strategy.
Age of Property: Built in 1938, despite extensive updates, the underlying infrastructure of an older home may present long-term maintenance considerations not immediately apparent.
Subpar Local School Ratings: The proximity to several schools with lower ratings (1-3) could be a deterrent for buyers prioritizing access to top-tier public education.

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