
Los Angeles, California 90022
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $989,000—positioned well below the $1,020,967 Fair Market Value by 3%. This valuation gap provides $31,967 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the home offers a modern chef's kitchen and flexible living space. The detached garage presents significant ADU Development Potential for future income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multi-generational home in East Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5244 Via Corona Street Subject | $989,000* List Price | 5 | 3 | 2,523 | $405 | - |
A 654 Oakford Sold | $806,000 | 5 | 3 | 2,189 | $368 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a high-end renovation within the last 5 years. The bathrooms feature modern designer finishes, including a walk-in glass shower with textured tile and contemporary double vanities. The interior shows updated wide-plank flooring, recessed lighting, and newer windows throughout, meeting the criteria for mint condition with no immediate maintenance required.
With over 2,500 square feet and five bedrooms, this property offers rare scale and flexibility for large or multi-generational households in East Los Angeles.
The detached garage and large lot provide an excellent opportunity to convert the space into an Accessory Dwelling Unit (ADU) for rental income or guest quarters.
The oversized, thoughtfully updated kitchen features a large center island and abundant cabinetry, serving as a modern and functional centerpiece for the home.
The property lacks any significant views, which may be a disadvantage for buyers seeking the elevated vistas often found in nearby hillside communities.
The large interior footprint occupies a significant portion of the 5,809 square foot lot, potentially limiting the remaining private outdoor space for extensive landscaping or recreation.
Welcome to 5244 Villa Corona Street, a rare opportunity to own a spacious five-bedroom, three-bathroom home offering more than 2,500 square feet of comfortable living space in one of East Los Angeles’ most convenient locations. Lovingly maintained and thoughtfully updated over the years, this home combines generous proportions, functional design, and everyday comfort. Inside, you’ll find an inviting floor plan with expansive living spaces designed for both daily living and entertaining. The oversized kitchen serves as the heart of the home, featuring a large center island, abundant cabinetry, and plenty of room to cook, gather, and create lasting memories. Just beyond, the warm and welcoming living room is anchored by a beautiful fireplace, creating the perfect setting for relaxing evenings or hosting family and friends. The home’s well-designed layout offers spacious bedrooms, including flexible living options for large or multi-generational households. Outside, the generous backyard provides plenty of space for entertaining, gardening, or simply enjoying Southern California’s year-round weather. Adding even more value is the detached garage, offering outstanding ADU potential (buyer to verify), making this an excellent opportunity for future expansion, guest quarters, or additional rental income. A large lot, ample off-street parking, and pride of ownership throughout complete this exceptional offering. Whether you’re searching for the perfect forever home, a multi-generational family compound, or a property with future upside, 5244 Villa Corona Street delivers the space, flexibility, and location you’ve been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,523 | 1,664.159 |
| Lot Size | 5,809 | 6,066.556 |
| Price | $989.0K | $1.35M |
| Price per sq ft | $392 | $806 |
| Built year | 1954 | 1939 |
| HOA | $0 | $278 |
| Days on market | 9 | 55 |
Aug 31, 2026
$989,000
Initial Listing
Jun 25, 2012
$375,000
Public Record
Nov 15, 1999
$230,000
Public Record