
Los Angeles, California 90045
This Updated California Ranch is a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,273,511 Fair Market Value by 7%. This valuation gap offers $98,511 in Instant Equity for a residence in Good Condition. Featuring soaring beamed wood ceilings, a pergola-covered patio, and turn-key upgrades, the home blends mid-century character with modern comfort. Situated near Silicon Beach and Top-Rated Schools like Cowan Avenue Elementary (9/10), this is a premier choice for Owner-Occupants or first-time buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5283 Thornburn Street Subject | $1,175,000* List Price | 3 | 2 | 1,362 | $935 | - |
A 5429 W 76th Sold | $1,348,000 | 3 | 2 | 1,304 | $1,034 | 0.2 mi |
B 5467 W 76th Street Sold | $1,300,000 | 3 | 2 | 1,443 | $901 | 0.2 mi |
C 5339 Thornburn Street Active | $999,000 List Price | 3 | 2 | 1,162 | $860 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic updates, including new flooring, fresh interior paint, and updated bathrooms with modern tiling and fixtures. While the 1950s structure is older, the kitchen has been refreshed with stainless steel appliances and new countertops. The home is well-maintained with functional systems and no immediate signs of deferred maintenance, fitting the 'good' criteria perfectly.
Elementary School: Cowan Avenue Elementary School (9/10). Middle School: Richard Henry Dana Middle School (9/10).
The home features soaring beamed wood ceilings and a statement fireplace, providing a unique sense of volume and mid-century charm that distinguishes it from standard ranch homes.
The unique layout offers multiple rooms with direct access to a large corner lot, featuring a pergola-covered dining area and mature fruit trees for a seamless California lifestyle.
The property's close proximity to LAX and major freeway access points likely results in significant aircraft and traffic noise, which may impact the tranquility of the outdoor living spaces.
While some elementary options are strong, the local assigned middle and high schools have low performance ratings, which could be a deterrent for families and impact long-term resale value.
Set above the street on a corner lot, this inviting California ranch blends warmth, character, and effortless indoor-outdoor living. A welcoming front porch leads into a light-filled living space defined by soaring beamed wood ceilings and a statement fireplace, creating both volume and a natural sense of comfort. The home's layout is especially unique, with many rooms offering direct access to the outdoors bringing in abundant natural light and creating a seamless connection to the surrounding yard. Featuring three spacious bedrooms and two updated bathrooms, including a primary suite with a walk-in shower with bench, and 2nd bath featuring extra deep tub, the home balances functionality with thoughtful upgrades such as new flooring, refreshed kitchen finishes, and fresh interior paint throughout. Outside, multiple usable yard areas unfold, including a pergola-covered space ideal for al fresco dining, along with mature greenery, garden beds, and fruit trees that add both privacy and charm. The elevated positioning enhances curb appeal while offering a greater sense of space. Ideally located near Westchester's dining, local shops, LAX, and convenient freeway access, this home offers a rare combination of character, comfort, and everyday livability.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,362 | 1,767.5 | 25% |
| Lot Size | 6,853 | 6,099 | 76% |
| Price | $1.18M | $1.63M | 14% |
| Price per sq ft | $863 | $940 | 38% |
| Built year | 1950 | 1948 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 165 | 1% |
Apr 12, 2026
$1,175,000
Initial Listing
Jan 30, 2004
$439,000
Public Record
Sep 23, 1994
$184,000
Public Record