
Los Angeles, California 90043
This Turnkey California Bungalow is a Prime Investment Opportunity, listed at $699,000—positioned well below the $714,502 Fair Market Value by 2%. This valuation gap offers $15,502 in Instant Equity. Featuring a Condition Rating of 2 with modern renovations, the home includes a spacious backyard and a detached garage bonus space. Located near the Metro K Line, it offers high utility for commuters. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5408 7th Avenue Subject 2 bd · 2 ba · 875 sqft · $817 | $699,000* List Price | 2 | 2 | 875 | $817 | - |
A 5126 6th Ave Sold 3 bd · 3 ba · 1,176 sqft · $702 · 0.2 mi | $825,000 | 3 | 3 | 1,176 | $702 | 0.2 mi |
B 6030 Madden Sold 2 bd · 1 ba · 832 sqft · $816 · 0.6 mi | $679,000 | 2 | 1 | 832 | $816 | 0.6 mi |
C 5715 Deane Sold 3 bd · 2 ba · 1,154 sqft · $672 · 0.8 mi | $775,000 | 3 | 2 | 1,154 | $672 | 0.8 mi |
D 5814 7th Avenue Sold 2 bd · 1 ba · 992 sqft · $685 · 0.3 mi | $680,000 | 2 | 1 | 992 | $685 | 0.3 mi |
E 3206 W 59th Street Sold 4 bd · 3 ba · 1,056 sqft · $758 · 0.5 mi | $800,000 | 4 | 3 | 1,056 | $758 | 0.5 mi |
F 3312 Hyde Park Boulevard Sold 3 bd · 2 ba · 1,093 sqft · $652 · 0.9 mi | $712,500 | 3 | 2 | 1,093 | $652 | 0.9 mi |
G 6622 5th Avenue Sold 3 bd · 2 ba · 1,086 sqft · $700 · 1.0 mi | $760,000 | 3 | 2 | 1,086 | $700 | 1.0 mi |
H 4900 8th Avenue Sold 3 bd · 3 ba · 1,213 sqft · $643 · 0.4 mi | $780,000 | 3 | 3 | 1,213 | $643 | 0.4 mi |
I 3101 W 60th Active 2 bd · 2 ba · 1,005 sqft · $617 · 0.5 mi | $620,000 List Price | 2 | 2 | 1,005 | $617 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1920, the property has undergone a high-quality recent renovation. The kitchen features modern white cabinetry, butcher block countertops, and stainless steel appliances. The bathroom and laundry areas are updated with contemporary finishes and fixtures, and the hardwood floors and exterior paint appear to be in mint condition, suggesting a renovation within the last 5 years.
High School: Middle College High School (9/10).
The detached garage has been converted into a flexible bonus area, providing a valuable secondary space for a home office, creative studio, or gym that complements the main residence.
Situated on a generous 6,078 square foot lot, the property features an expansive raised deck and a deep backyard, offering rare privacy and ample room for entertaining and gardening in an urban setting.
At just 875 square feet, the interior living space is relatively compact for a two-bedroom, two-bathroom home, which may be a constraint for buyers with larger furniture or growing families.
The majority of the immediate public schools assigned to this location have low performance ratings, which could potentially impact long-term resale value and appeal to education-focused families.
A charming California bungalow with a spacious backyard and flexible bonus space in Hyde Park. This bright and inviting two-bedroom, two-bath single-family home offers something increasingly difficult to find in Los Angeles: the privacy of a detached home, generous outdoor space and room to work, create and entertain. A welcoming front porch opens to a light-filled living room with hardwood floors and original character. The living room flows into a generous dining area and open kitchen, while doors off the dining room lead directly to an expansive raised deck, creating a true outdoor living and dining space and an ideal setting for entertaining. Beyond the deck, the deep backyard provides plenty of room to garden, play or gather. At the rear of the property, the detached garage is currently a flexible bonus space, offering options for a home office, creative studio, gym or additional hangout space. Back inside, two comfortable bedrooms are complemented by an updated full bathroom, additional powder room and dedicated laundry area. Located in Hyde Park in Los Angeles' 90043, near Leimert Park, View Park-Windsor Hills and Inglewood, the home offers convenient access to the Metro K Line, SoFi Stadium, USC, Culver City and destinations throughout greater Los Angeles. For buyers searching for a detached Los Angeles home with a backyard, outdoor entertaining space, detached garage and flexible work-from-home space, 5408 7th Avenue offers a compelling combination of character, privacy and possibility.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 875 | 1,670.836 |
| Lot Size | 6,078 | 6,152.156 |
| Price | $699.0K | $1.34M |
| Price per sq ft | $799 | $807 |
| Built year | 1920 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Oct 8, 2026
$699,000
Initial Listing
Jun 28, 2021
$752,000
Public Record
Jul 1, 2014
$215,000
Public Record