5214 Cimarron Street, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 4 bath
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5214 Cimarron Street
Los Angeles, California 90062
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,711Sq Ft
5,201Lot Size
Property Price
LIST PRICE$898,800
EST. MARKET VALUE
$930,323
3% BelowMARKET VALUE
SUMMARY
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $898,800—positioned well below the $930,323 Fair Market Value by 3%. This valuation gap offers $31,523 in Instant Equity for the buyer. Featuring a Turnkey Condition Rating with recent modern remodels, this property provides immediate rental income potential or flexible multigenerational living. With two separate residences and private garages, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating compound.
Estimated Market Value
$930,323+$31,523 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5214 Cimarron Street Subject | $898,800* List Price | 4 | 4 | 1,711 | $544 | - |
A 4716 S Van Ness Avenue Sold | $749,000 | 3 | 2 | 1,446 | $518 | 0.4 mi |
B 4431 S Wilton Place Sold | $815,000 | 4 | 3 | 1,643 | $496 | 0.6 mi |
C 4904 S Van Ness Avenue Sold | $735,000 | 3 | 2 | 1,252 | $587 | 0.3 mi |
D 4920 S Wilton Place Sold | $1,094,000 | 5 | 4 | 2,018 | $542 | 0.3 mi |
E 1506 W 54th Street Sold | $925,000 | 3 | 2 | 1,682 | $550 | 0.8 mi |
F 5714 S St Andrews Sold | $950,000 | 0 | 0 | 1,728 | $550 | 0.4 mi |
G 1842 W 45th Street Sold | $950,000 | 3 | 2 | 1,460 | $651 | 0.6 mi |
H 4207 S Van Ness Avenue Active | $928,888 List Price | 4 | 3 | 1,708 | $544 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1923, the property has undergone a comprehensive recent remodel (likely within the last 1-2 years). The interior features a modern kitchen with quartz waterfall countertops and shaker cabinets, new laminate flooring, and updated recessed lighting. Systems have been upgraded with modern mini-split HVAC units in multiple rooms, and the exterior shows fresh paint, new windows, and updated landscaping, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Configuration
Featuring two separate residences with individual addresses and private garages, this property offers exceptional flexibility for rental income, house-hacking, or multigenerational living.
- Turnkey Condition
Both units have been recently remodeled and are delivered fully vacant, allowing for immediate occupancy or market-rate leasing without the need for initial capital improvements.
- High Investment Potential
The rare combination of two homes on one lot in a desired area provides a versatile asset that can function as a private compound or a high-yield dual-rental investment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1711, other record living area = 1600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Recently Sold Property
The property was recently sold within the past year on 2026-06-03. The sold price is $580,000.00.
- Historic Infrastructure
Originally built in 1923, the property may possess aging underlying systems typical of century-old structures that require more frequent maintenance than newer builds.
About 5214 Cimarron Street
**TWO HOMES IN ONE LOT** Priced to sell. Remodeled two units in highly desired area. Fully vacant ready for move in. This unique setup offers exceptional privacy and flexibility ideal for an owner-user, multigenerational living, or investors seeking dual rental-income potential. This is a rare and versatile opportunity featuring two separate residences, each with its own individual address and private garage. Live in one and rent the other, lease both independently, or create a private compound with completely separate living spaces. With two homes, two addresses, and two garages, this property delivers the independence of separate residences with the convenience of one exceptional investment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,201 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,711 | 1,664.159 |
| Lot Size | 5,201 | 6,066.556 |
| Price | $898.8K | $1.35M |
| Price per sq ft | $525 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 7 | 55 |
Pricing History
Listed for Sale
Sep 2, 2026
$898,800
Initial Listing
Sold
Jun 3, 2026
$580,000
Public Record