5413 W Slauson Avenue, Los Angeles, California 90056, Los Angeles, 90056 - 2 bed, 2 bath
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Los Angeles, California 90056
This Rare Ladera Heights Condominium is listed at $859,000, offering a unique position within an exclusive, low-density 3-unit complex. While the price aligns closely with the $829,000 Fair Market Value, the property’s Spectacular City Lights View and private 2-car garage represent significant lifestyle and resale advantages. Currently holding a Condition Rating of 4, the 1,281 sqft interior requires modernization, providing a clear path for forced appreciation in a high-demand market. Located near Farragut Elementary (9/10) with exceptionally low $200 HOA dues, this is a strategic acquisition for Owner-Occupants looking to customize a sanctuary or Buy-and-Hold Investors seeking a low-overhead asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5413 W Slauson Avenue Subject | $859,000* List Price | 2 | 2 | 1,281 | $647 | - |
A 5411 W Slauson Avenue Active | $759,000 List Price | 2 | 2 | 1,281 | $593 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is 65 years old. The single exterior image reveals an aged structure with signs of wear, such as the chimney deterioration and older window styles. The MLS description explicitly notes the property's age and the 'limited interior details,' suggesting a likely need for updates to systems, appliances, and interior finishes, including the kitchen and bathrooms. Without any evidence of recent renovations, it's highly probable that these key areas are outdated and would require minor to moderate updates to meet modern standards, aligning with the 'fair' condition criteria.
Elementary School: Farragut Elementary School (9/10).
The property boasts a 'spectacular view' of city lights, a highly desirable and value-adding feature in the Los Angeles market.
With only 3 units in the complex, this condo offers enhanced privacy, exclusivity, and a quieter living environment compared to larger developments.
The property has undergone a recent price reduction from $879,000 to $859,000, which may indicate a lack of initial buyer interest or an overestimation of its market value.
Built in 1959, the property is over 60 years old, which could imply a need for updates to systems, appliances, or interior finishes to meet modern buyer expectations.
The property description is brief and lacks specific details regarding interior condition, recent renovations, or modern amenities, which could raise questions for potential buyers.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,281 | 1,425.5 | 50% |
| Lot Size | 8,076 | 19,983.5 | 25% |
| Price | $859.0K | $827.0K | 50% |
| Price per sq ft | $671 | $513 | 75% |
| Built year | 1959 | 1967 | 25% |
| HOA | $200.0 | $271 | 50% |
| Days on market | 251 | 230 | 75% |
Jan 20, 2026
$859,000
$879,000
-2% Price Drop
Initial Listing
Aug 14, 2025
$879,000
Initial Listing
May 10, 2021
$506,000
Public Record
Feb 13, 2004
$250,000
Public Record