5311 6th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 5 bed, 3 bath
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Los Angeles, California 90043
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $598,000—positioned well below the $603,153 Fair Market Value by 1%. This valuation gap offers $5,153 in Instant Equity, with substantial additional upside found in the detached 750 sqft ADU. Given the Condition Rating of 5 and the 1920s structure requiring comprehensive rehabilitation, this property is primed for forced appreciation. Located near the top-rated Middle College High School, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5311 6th Avenue Subject | $698,000* List Price | 5 | 3 | 2,055 | $322 | - |
A 6316 8th Avenue Sold | $610,000 | 3 | 2 | 1,402 | $435 | 0.9 mi |
B 5319 6th Avenue Sold | $585,000 | 2 | 1 | 1,110 | $527 | 0.0 mi |
C 4904 7th Avenue Sold | $693,000 | 3 | 2 | 1,090 | $636 | 0.3 mi |
D 5306 3rd Active Under Contract | $612,000 List Price | 3 | 1 | 1,200 | $510 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1920 and the listing lacks evidence of recent renovations. The primary image is a rendering rather than a photograph, which typically indicates the current structure requires substantial cosmetic or structural rehabilitation. Without interior photos or mention of updated systems, the age and 'long-term ownership' suggest significant deferred maintenance and outdated components.
High School: Middle College High School (9/10).
Situated in the desirable Los Angeles Southwest area, this property offers excellent proximity to the I-10 freeway and local amenities, making it ideal for commuters and urban dwellers.
The 1,305 sq ft residence features a practical, ground-level floor plan that maximizes accessibility and provides a seamless flow between living spaces.
The property is zoned for several local schools with low performance ratings, which may be a significant drawback for families prioritizing high-quality public education.
The use of a rendering as the primary listing photo suggests the property may require substantial cosmetic or structural improvements to achieve its advertised potential.
Charming single-story 3-bedroom, 2-bath home located in the desirable Los Angeles Southwest (C34) area. The main residence offers approximately 1,305 sq ft of living space on a 5,401 sq ft lot, featuring a functional floor plan with all living areas on one level. The property also includes a detached ADU (converted from a former tandem garage) of approximately 750 sq ft, offering 2 bedrooms, 1 bathroom, living room, dining area, and kitchenette. ADU was reportedly built around 2012; buyer to verify permits and square footage. The main home reflects classic character and pride of long-term ownership. Ideally located with convenient access to major thoroughfares, including the I-10 freeway, and close to local shopping, dining, and neighborhood amenities. A great opportunity for owner-occupants or investors seeking a well-located property with additional living space. Note: Primary photo is a rendering.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,055 | 1,672 |
| Lot Size | 5,401 | 6,067 |
| Price | $698.0K | $1.37M |
| Price per sq ft | $340 | $801 |
| Built year | 1920 | 1939 |
| HOA | $0 | $348 |
| Days on market | 152 | 56 |
Mar 19, 2026
$698,000
$598,000
+17% Price Increase
Initial Listing
Mar 6, 2026
$598,000
$795,000
-25% Price Drop
Initial Listing
Mar 1, 2026
$795,000
$850,000
-6% Price Drop
Initial Listing
Feb 21, 2026
$850,000
Initial Listing