5301 Huntington N Drive, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
5301 Huntington N Drive
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 5301 Huntington N Drive, Los Angeles, California 90032 reveals a property with a current list price of $700,000, which is 7% above the estimated $650,882 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5301 Huntington N Drive Subject | $700,000* List Price | 2 | 1 | 850 | $766 | - |
A 3233 Dorchester Avenue Sold | $575,000 | 2 | 1 | 764 | $753 | 0.5 mi |
B 4211 Lowell Avenue Sold | $760,000 | 3 | 1 | 935 | $813 | 0.3 mi |
C 3010 Stockbridge Avenue Sold | $690,000 | 2 | 1 | 959 | $719 | 0.7 mi |
D 4314 Garden Homes Ave Sold | $540,600 | 2 | 1 | 712 | $759 | 0.4 mi |
E 5336 Huntington S Active | $699,000 List Price | 3 | 2 | 960 | $728 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1920, this property is explicitly described as a 'blank canvas' requiring 'extensive renovation.' The images confirm this, showing boarded-up windows, 'CLOSED TO THE PUBLIC' signs, and an interior with severely dated and damaged finishes, including peeling paint, old vinyl flooring, and a bathroom with missing tiles and exposed plumbing. The property is currently unlivable and requires substantial repairs and rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The generous 6,056 sqft lot offers ample space for expansion, building an ADU, or even multiple units, presenting a strong opportunity to maximize return on investment.
- Prime Los Angeles Location
Situated in a well-established community within Los Angeles, providing convenient access to local shops, restaurants, and parks.
- Excellent Connectivity
Proximity to major freeways ensures easy and efficient travel, connecting residents to the wider Los Angeles area.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Built in 1920 and presented as a 'blank canvas,' the property will require significant investment and effort for modernization and upgrades to meet contemporary standards.
- Limited Current Living Space
The home offers a modest 2 bedrooms and 1 bathroom across 850 sqft, which may be restrictive for larger families or those desiring more spacious living arrangements.
- Lack of Modern Features/Amenities
The property description suggests a basic, older home without mention of modern amenities, updated systems, or desirable features, indicating a need for comprehensive improvements.
About 5301 Huntington N Drive
This 2-bedroom, 1-bath home is a diamond in the rough, a perfect canvas for investor or savvy buyer looking to unlock its true potential. The property offers a cozy kitchen with a side door for easy yard access both front and back. As you enter through the main front door your greeted with a living space and dining open area. Steps away you have both bedrooms and bathroom .It's a blank canvas for you to transform into a modern and comfortable space. One of the most exciting aspects of this property is the generous lot size. It provides ample space for expansion or development. Investors, in particular, will appreciate the potential for building an ADU or even multiple units, making it an excellent opportunity to maximize your return on investment. You'll enjoy the benefits of a well-established community with easy access to shops, restaurants, and parks. The proximity to major freeways ensures that you're well-connected to the rest of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 6,056 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 | 38% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 850 | 1,232 | 14% |
| Lot Size | 6,056 | 5,386 | 62% |
| Price | $700.0K | $850.0K | 22% |
| Price per sq ft | $824 | $674 | 78% |
| Built year | 1920 | 1940 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 870 | 180 | 0% |
Pricing History
Listed for Sale
Oct 18, 2023
$700,000
Initial Listing