5240 Barker Drive, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 3 bath

5240 Barker Drive
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 5240 Barker Drive, Los Angeles, California 90042 reveals a Fairly Priced Property with a current list price of $1,598,000 aligned with the estimated $1,594,057 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 5240 Barker Drive Subject | $1,598,000* List Price | 3 | 3 | 1,696 | $940 | - |
A 5049 San Rafael Avenue Sold | $1,396,500 | 3 | 3 | 1,569 | $890 | 1.0 mi |
B 1711 N Avenue 53 Sold | $1,775,000 | 4 | 3 | 1,675 | $1,060 | 0.2 mi |
C 4854 Buchanan Sold | $1,170,000 | 3 | 3 | 1,350 | $867 | 0.7 mi |
D 4925 Buchanan Street Sold | $1,500,000 | 3 | 2 | 1,698 | $883 | 0.7 mi |
E 5421 Stratford Road Sold | $1,634,700 | 4 | 4 | 1,749 | $935 | 0.3 mi |
F 5125 Meridian Street Sold | $1,610,000 | 3 | 2 | 1,906 | $845 | 0.4 mi |
G 5125 Buchanan Street Pending | $1,250,000 List Price | 3 | 2 | 1,754 | $713 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2025 architectural construction, meeting the highest standards of modern quality. It features a contemporary kitchen designed for indoor-outdoor living, refined modern bathrooms, and entirely new systems and materials. With no deferred maintenance and high-end craftsmanship throughout, it perfectly fits the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Excellence
As a 2025 architectural build, this home offers the rare peace of mind of brand-new systems, modern energy-efficient materials, and high-quality craftsmanship that eliminates immediate maintenance concerns.
- Exceptional Hillside Views
The property is thoughtfully designed to maximize its elevated position, offering jaw-dropping panoramic hillside views from every room that create a unique sense of tranquility and luxury.
- Prime Highland Park Location
Situated in a coveted pocket, the home perfectly balances a secluded hillside feel with convenient proximity to the trendy boutiques, cafes, and vibrant nightlife of the York and Figueroa corridors.
CONSRISKS & DEFICIENCIES
- Recent Price Adjustment
A significant $100,000 price reduction shortly after the initial listing suggests the property may have been originally overpriced for the immediate market or current buyer demand.
- Topography Constraints
While the hillside location provides stunning views, the steep terrain often results in limited usable flat yard space, which may be a drawback for buyers seeking traditional outdoor play areas.
About 5240 Barker Drive
Perched in one of the most coveted pockets of Highland Park, this newly constructed architectural masterpiece delivers jaw-dropping, hillside views that create a sense of calm and escape the moment you arrive. Thoughtfully designed to maximize light, space, and scenery, every room feels like a front-row seat to Southern California's most breathtaking panoramas. The kitchen flows effortlessly into the living and dining areas and extends to an outdoor patio, creating an ideal setting for quintessential indoor-outdoor California living and easy entertaining. Bedrooms are generously sized and offer flexibility for guests, creative space, or work-from-home needs, while the bathrooms reflect a refined, contemporary aesthetic. Throughout the home, careful attention to detail and solid construction provide the rare peace of mind that comes with brand-new construction - modern systems, durable materials, and craftsmanship built for longevity and comfort. Located moments from Highland Park's beloved cafes, boutiques, and the vibrant York and Figueroa corridors, this home blends tranquil hillside living with convenient access to neighborhood favorites. New, beautifully built, and surrounded by nature this is Highland Park living at its most elevated.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 5,039 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,696 | 1,350 | 71% |
| Lot Size | 5,039 | 5,401 | 37% |
| Price | $1.60M | $1.23M | 83% |
| Price per sq ft | $942 | $883 | 60% |
| Built year | 2025 | 1925 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 176 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,598,000
Initial Listing
Price Change
Feb 27, 2026
$1,698,000
Initial Listing
































