
Los Angeles, California 90056
This Ladera Heights Condominium represents a High-Potential Investment Opportunity, listed at $699,000—positioned well below the $668,795 Fair Market Value by -4%. While the property requires modernization, its Condition Rating of 4 and low $200 association fee provide a solid foundation for value-add projects. The unit features serene Trees/Woods views and proximity to top-tier education, including Farragut Elementary (9/10). This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic renovations in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5411 W Slauson Avenue Subject | $699,000* List Price | 2 | 2 | 1,281 | $522 | - |
A 5376 Fairview Boulevard 210 Active | $539,000 List Price | 2 | 2 | 1,154 | $467 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is over 65 years old. The exterior image shows a dated mid-century design with older window frames and mature landscaping that suggests a need for minor updates. Given the age and lack of recent renovation data, the kitchen, bathrooms, and internal systems are likely functional but dated, requiring modernization to meet current market standards.
Elementary School: Farragut Elementary School (9/10).
Situated in the prestigious Ladera Heights area, this property offers a prime Los Angeles address known for its mid-century character and central proximity to Silicon Beach and Culver City.
The association fee is remarkably low at $200 per month, providing significant savings compared to typical Los Angeles condominium developments and enhancing overall affordability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8076, other record lot size in square feet = 8209.
Built in 1959, the property may require capital improvements or cosmetic updates to align with contemporary luxury standards, potentially increasing the initial investment cost.
Located on Slauson Avenue, a major thoroughfare, the property may experience increased ambient traffic noise and congestion during peak commuting hours.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,281 | 1,243 |
| Lot Size | 8,076 | 24,016 |
| Price | $699.0K | $805.6K |
| Price per sq ft | $546 | $659 |
| Built year | 1959 | 1981 |
| HOA | $200.0 | $684 |
| Days on market | 11 | 71 |
Jul 11, 2026
$699,000
Initial Listing
May 10, 2021
$473,000
Public Record
Mar 25, 2004
$250,000
Public Record
Feb 13, 2004
$250,000
Public Record
Jan 3, 2000
$340,000
Public Record