5414 3rd, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 3 bath
5414 3rd
Los Angeles, California 90043
Property Price
SUMMARY
Analysis of 5414 3rd, Los Angeles, California 90043 is currently available with a list price of $1,155,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1913, the property has undergone an extensive recent renovation within the last 5 years. It features brand new plumbing, electrical, and HVAC systems, along with fully modernized kitchens and bathrooms. The interior boasts new flooring, contemporary light fixtures, and updated appliances, meeting the criteria for excellent condition with no deferred maintenance and all major components being virtually new.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Modernized Infrastructure
The property has been extensively upgraded with brand new plumbing, electrical, and HVAC systems, offering the peace of mind and efficiency of a modern home within a classic 1913 structure.
- Significant Value-Add Potential
Plans are in the final stages for a 454-square-foot addition to the front unit and a garage-to-ADU conversion, providing a turnkey opportunity to increase square footage and rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1637, other record living area = 1257.
- Recently Sold Property
The property was recently sold within the past year on 2025-04-01. The sold price is $949,000.00.
- Low-Rated Local Schools
The majority of the assigned public schools for this address have low performance ratings (ranging from 1 to 3), which may impact long-term resale value and appeal to families.
About 5414 3rd
Exceptional duplex opportunity in the heart of Los Angeles. This beautifully upgraded property features two separate homes on one lot ideal for investors, multi generational living, or owner- users seeking rental income. Front residence offers 2 spacious bedrooms and 2 full bathrooms with a bright, functional layout designed for comfortable living. The rear residence features 1 bedroom 1 bathroom, perfect as a rental unit, guest house, or a private workspace. A detached garage provides additional storage or parking convenience. Both units have been thoughtfully updated with brand new plumbing, electrical, and HVAC systems ensuring modern efficiency and peace of mind. Plans have been submitted and are at final stage with Los Angeles building and safety for a proposed additional 454 square footage for the front unit which consists of an additional bedroom and bathroom. Same plans also include turning the garage into an ADU. Do not miss out on this duplex opportunity.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1913
- Lot Size
- 5,537 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Angeles Mesa Elementary School
Grades K-5 • 0.2 mi
Fifty-Ninth Street Elementary School
Grades K-5 • 0.4 mi
Yes Academy
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | - | 80% |
| Baths | 3.0 | - | 80% |
| Square foot | 1,637 | 1,637 | 50% |
| Lot Size | 5,537 | 6,702 | 20% |
| Price | $1.16M | $800.0K | 80% |
| Price per sq ft | $706 | $392 | 80% |
| Built year | 1913 | 1924 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 200 | 20% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,155,000
Initial Listing
Sold
Apr 1, 2025
$949,000
Public Record
Sold
Mar 26, 2024
$590,000
Public Record
Sold
Nov 24, 2021
$475,000
Public Record