
Los Angeles, California 90043
This Turnkey Modern Residence is a Strong Value Opportunity, listed at $899,999—positioned well below the $943,708 Fair Market Value by 4%. This valuation gap offers $43,709 in Instant Equity. Boasting an Excellent Condition Rating, the home features a brand-new kitchen, new windows, and a private deck. The detached garage provides significant ADU potential, while access to the 9/10 rated Middle College High School ensures long-term desirability. This is an ideal match for Owner-Occupants or first-time buyers seeking a polished, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5340 6th Ave Subject | $899,999* List Price | 3 | 2 | 1,542 | $612 | - |
A 5113 5th Avenue Sold | $905,000 | 3 | 2 | 1,315 | $688 | 0.2 mi |
B 5445 S Victoria Sold | $900,000 | 3 | 2 | 1,401 | $642 | 0.5 mi |
C 3741 W 58th Place Sold | $893,210 | 3 | 2 | 1,371 | $652 | 1.0 mi |
D 4524 2nd Avenue Sold | $905,000 | 3 | 3 | 1,323 | $684 | 0.6 mi |
E 4715 5th Avenue Sold | $881,000 | 4 | 2 | 1,553 | $567 | 0.5 mi |
F 5814 Arlington Sold | $830,000 | 3 | 2 | 1,110 | $748 | 0.5 mi |
G 5319 6th Active | $829,900 List Price | 3 | 2 | 1,310 | $634 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last 5 years, featuring a brand-new kitchen with modern cabinetry, fully updated bathrooms with contemporary tile work, new flooring, and new windows. The presence of new mini-split HVAC units and fresh exterior/interior paint confirms its turnkey, mint condition status.
High School: Middle College High School (9/10).
The property is fully renovated and move-in ready, featuring a brand-new kitchen, updated bathrooms, new windows, and fresh interior/exterior paint that modernizes this 1921 home.
The detached garage provides excellent potential for an Accessory Dwelling Unit (ADU), while the additional bonus room offers versatile space for a home office or gym.
The majority of the assigned public schools in the immediate area have low performance ratings (1-3), which may be a significant drawback for families with school-aged children.
The property lacks any significant views, which may impact its competitive edge compared to other residential offerings in the broader Los Angeles market.
Welcome to 5340 6th Ave, Los Angeles in the wonderful community of Park Mesa Heights, a community full of Pride, Tradition, and Culture. This Immaculate 3-bedroom, 2-bath Home offers modern upgrades and versatile living space. Property is turnkey and move-in ready, featureing a brand-new kitchen, fresh interior and exterior paint, new windows, stylish flooring throughout, new bathrooms. Home has a Bonus room providing flexibility for new Buyer or investor to use as a home office, gym, or additional living area to fit your needs. The detached garage offers excellent ADU potential, along with a long driveway for ample parking. Ideally located just minutes from Downtown Los Angeles, with convenient access to shopping, dining, and major freeways—this home blends comfort, style, and great potential.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 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 | 1,542 | 1,505 | 52% |
| Lot Size | 5,402 | 6,270.5 | 31% |
| Price | $900.0K | $870.0K | 53% |
| Price per sq ft | $584 | $617 | 45% |
| Built year | 1921 | 1927 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 158 | 1% |
Apr 22, 2026
$899,999
Initial Listing
Mar 20, 2025
$625,000
Public Record
Mar 19, 2025
$610,000
Public Record