5212 Packard Street, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath
5212 Packard Street
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 5212 Packard Street, Los Angeles, California 90019 reveals a Fairly Priced Property with a current list price of $910,000 aligned with the estimated $903,857 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5212 Packard Street Subject | $910,000* List Price | 2 | 1 | 1,136 | $796 | - |
A 1770 Hauser Boulevard Sold | $690,000 | 2 | 1 | 862 | $800 | 0.8 mi |
B 1646 West Boulevard Sold | $641,500 | 2 | 1 | 886 | $724 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1926, the property's description explicitly states that 'The kitchen and bathrooms are ready for updating,' and the 'exterior also offers plenty of opportunity for improvement.' While the images are 'Digitally Rendered' or 'AI-generated content' and do not reflect the current state, the text indicates significant updates are needed in key areas. This aligns with a 'Fair' condition, suggesting the home is aged and functional but requires minor to moderate updates to modernize and improve its aesthetic and functionality, rather than substantial structural repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Mid-City Location
Located in the vibrant Mid-City neighborhood of Los Angeles, offering excellent proximity to shopping, dining, entertainment, and easy freeway access, making it a highly desirable and central address.
- Significant Customization Potential
Described as having 'endless potential' and an 'excellent opportunity for investors or buyers looking to customize,' allowing for personal design touches and value creation.
- Classic Architectural Charm
Features 'classic architectural details' and is noted as a 'charming single-family home' with 'great bones,' appealing to those who appreciate vintage character and a solid foundation.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The description explicitly states 'The kitchen and bathrooms are ready for updating,' indicating a significant investment and effort required for modernization to meet contemporary standards.
- Exterior Improvement Needed
The 'exterior also offers plenty of opportunity for improvement,' suggesting additional costs and vision are needed for landscaping or developing outdoor entertainment spaces.
- History of Price Reductions
The property has undergone multiple significant price drops from its original listing of $1.099M to $910K, which may suggest initial overpricing or market resistance to its current condition and required updates.
About 5212 Packard Street
Welcome to 5212 Packard Street! A charming single-family home located in the heart of Los Angeles' vibrant Mid-City neighborhood. This property offers an excellent opportunity for investors or buyers looking to customize and create their dream home. Features spacious living areas, generous natural light, and classic architectural details. This home has great bones and endless potential. The kitchen and bathrooms are ready for updating, allowing you to bring your own modern design and personal touches. The exterior also offers plenty of opportunity for improvement perfect for those with a vision for beautiful landscaping or an outdoor entertainment space. Conveniently located near shopping, dining, entertainment, and easy freeway access, this home is ideal for anyone seeking to live in or invest in one of L.A.'s most centrally located neighborhoods. Bring your creativity and make this home shine again!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,136 | 1,766 | 14% |
| Lot Size | 3,000 | 5,968 | 13% |
| Price | $910.0K | $1.35M | 17% |
| Price per sq ft | $801 | $763 | 58% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 175 | 23% |
Pricing History
Listed for Sale
Dec 31, 2025
$910,000
$1,049,999
-13% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$1,049,999
$1,099,000
-4% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$1,099,000
Initial Listing