5184 Evanwood Avenue, Oak Park, California 91377, Oak Park, 91377 - 3 bed, 3 bath
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This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $1,199,000—positioned well below the $1,230,655 Fair Market Value by 2%. This valuation gap offers $31,655 in Instant Equity. With a Condition Rating of 4, the home provides a solid foundation for modernization, including the potential to add a fourth bedroom. Located in the Oak Park Unified School District, this property features a private pool and spa, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5184 Evanwood Avenue Subject | $1,199,000* List Price | 3 | 3 | 2,466 | $489 | - |
A 510 Savona Way Sold | $1,295,000 | 4 | 3 | 2,387 | $543 | 0.2 mi |
B 5009 Blackpool Avenue Sold | $1,200,000 | 4 | 3 | 2,609 | $460 | 0.2 mi |
C 5118 Churchwood Drive Sold | $1,180,000 | 3 | 3 | 2,071 | $570 | 0.2 mi |
D 5377 Evanwood Avenue Sold | $1,372,500 | 5 | 3 | 2,815 | $488 | 0.2 mi |
E 327 Savoy Court Sold | $1,250,000 | 4 | 3 | 1,984 | $630 | 0.2 mi |
F 445 Cremona Way Sold | $1,250,000 | 4 | 3 | 2,088 | $599 | 0.1 mi |
G 549 Myrtle Court Active Under Contract | $1,299,000 List Price | 4 | 3 | 2,071 | $627 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1988 (38 years old) and the listing mentions no recent renovations to the kitchen, bathrooms, or major systems. Features such as the wet bar and original primary bath layout suggest the home is dated and requires modernization, fitting the criteria for a property over 20 years old needing updates.
Situated in the highly desirable Oak Park Unified School District and surrounded by scenic nature trails, this home offers exceptional educational opportunities and an active lifestyle with the added benefit of no HOA fees.
The property features a complete outdoor entertainment setup, including a private pool and spa with brick accents, a covered patio, and low-maintenance artificial turf, perfect for lounging and hosting.
The home includes a versatile loft study and offers the specific potential to add a fourth bedroom over the dining room, providing a clear path for buyers to increase both square footage and property value.
Despite having nearly 2,500 square feet of living space, the home currently only offers three bedrooms, which may be a drawback for larger families compared to other four-bedroom listings in the area.
The 5,749 square foot lot is relatively modest for a home of this size that includes a pool and spa, resulting in limited additional yard space for gardening or play.
Within this wonderful Oak Park neighborhood that is surrounded by rolling hills and nature trails is this friendly community of Bent Tree offering pedestrian sidewalks and no HOA. Upon entry be greeted by the living room which has an open vaulted ceiling and windows overlooking the front yard. Adjacent is the dining area. Proceed to the family room with its wet bar, central fireplace, and French doors that open to the backyard. Across the hall is a separate powder room and the kitchen with its window overlooking the backyard. Additionally, on the first floor there is access to storage under the stairway, a laundry room, and direct access to the garage. Upstairs features a loft study area and three bedrooms, a fourth bedroom could be conveniently added over the dining room thus expanding the size and functionality. The Primary bedroom overlooks the backyard and has a full bathroom with 2 separate sinks, a spacious spa tub, and a separate shower. The other 2 bedrooms share a full bathroom with 2 separate sinks and a tub with shower. Your backyard entertaining and lounging are enhanced by: a covered patio area; a pool and spa with brick accents; and a low maintenance artificial grass area. Close to award winning Oak Park School District schools, parks, trails, mountain biking, tennis, golf, shopping, and other recreation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.2 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,466 | 2,153.577 |
| Lot Size | 5,749 | 6,561.731 |
| Price | $1.20M | $1.30M |
| Price per sq ft | $486 | $626 |
| Built year | 1988 | 1987 |
| HOA | $0 | $233 |
| Days on market | 35 | 51 |
Aug 5, 2026
$1,199,000
Initial Listing