
Los Angeles, California 90056
This Ladera Heights condominium presents a High-Potential Investment Opportunity with a List Price of $759,000—positioned above the $710,795 Fair Market Value by 6%. While the property requires modernization due to its 4 Condition Rating, it offers a rare, private lifestyle with only three units in the complex and a private 2-car garage. Featuring spectacular city light views and low $200 HOA dues, this asset provides significant long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5413 W Slauson Avenue Subject | $759,000* List Price | 2 | 2 | 1,281 | $555 | - |
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.
The property was built in 1959, making it 67 years old. While the listing describes it as 'beautiful' with a 'spectacular view,' there is no mention of recent renovations to the kitchen, bathrooms, or critical systems like HVAC and electric. Given the age and the exterior appearance in the provided image, the unit is likely dated and will require cosmetic updates and potential system modernizations to meet current market standards.
Elementary School: Farragut Elementary School (9/10).
At only $200 per month, the HOA dues are remarkably low for the Los Angeles market, offering significant monthly savings compared to typical condominium complexes.
With only three units in the entire complex and a private two-car garage, this property provides a rare level of seclusion and a 'single-family home' feel within a condo structure.
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 updates to its original systems or infrastructure to meet modern energy efficiency and design standards.
While the local elementary schools are highly rated, the assigned high schools have significantly lower ratings, which may be a drawback for families with older children.
Beautful rare Ladera condo with a spectaular view, with only 3 units in the complex private 2-car garage & low HOA dues,($200).
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 | $759.0K | $805.6K |
| Price per sq ft | $593 | $659 |
| Built year | 1959 | 1981 |
| HOA | $200.0 | $684 |
| Days on market | 11 | 71 |
Jul 11, 2026
$759,000
Initial Listing
May 10, 2021
$506,000
Public Record
Feb 13, 2004
$250,000
Public Record