5414 3rd, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 3 bath
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Los Angeles, California 90043
This Modernized Dual-Unit Asset is listed at $1,155,000, reflecting a premium for its Excellent Condition Rating compared to the $1,092,955 Fair Market Value. The property offers Significant Value-Add Potential through final-stage plans for a 454-square-foot front unit addition and a garage-to-ADU conversion. With brand-new plumbing, electrical, and HVAC systems, this turnkey duplex ensures modern efficiency and immediate rental readiness. It represents a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term wealth near the 9/10 rated Middle College High School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5414 3rd Subject | $1,155,000* List Price | 3 | 3 | 1,637 | $668 | - |
A 7040 3rd Active | $919,800 List Price | 4 | 3 | 1,588 | $579 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
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.
High School: Middle College High School (9/10).
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.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1637, other record living area = 1257.
The property was recently sold within the past year on 2025-04-01. The sold price is $949,000.00.
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.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 80% |
| Baths | 3.0 | 0.0 | 80% |
| Square foot | 1,637 | 1,948 | 20% |
| Lot Size | 5,537 | 6,347 | 40% |
| Price | $1.16M | $850.0K | 80% |
| Price per sq ft | $706 | $418 | 80% |
| Built year | 1913 | 1924 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 113 | 20% |
Feb 24, 2026
$1,155,000
Initial Listing
Apr 1, 2025
$949,000
Public Record
Mar 26, 2024
$590,000
Public Record
Nov 24, 2021
$475,000
Public Record