5426 Homeside Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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5426 Homeside Avenue
Los Angeles, California 90016
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
1,062Sq Ft
3,200Lot Size
Property Price
LIST PRICE$700,000
EST. MARKET VALUE
$611,958
14% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well above the $611,958 Fair Market Value by -14%. Featuring LARD1.5 Zoning on a 3,200 sq. ft. lot, the asset offers significant redevelopment upside for multi-unit expansion. With a Condition Rating of 6, the structure requires a total reimagining to maximize its potential. Located in a high-growth corridor near the Expo Line, this is a strategic acquisition ideal for Buy-and-Hold Investors or Developers focused on long-term value-add projects.
Estimated Market Value
$611,958
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5426 Homeside Avenue Subject | $700,000* List Price | 2 | 1 | 1,062 | $576 | - |
A 5415 Westhaven Street Sold | $590,000 | 2 | 1 | 1,092 | $540 | 0.3 mi |
B 2540 Hauser Boulevard Active | $768,888 List Price | 2 | 1 | 1,072 | $717 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1931 (>90 years old) with no evidence of recent renovations. The listing focuses heavily on 'redevelopment upside' and 'development-ready zoning' (LARD1.5), suggesting the property is being sold primarily for land value and requires a total reimagining or replacement.
PROSSTRENGTHS & OPPORTUNITIES
- Redevelopment Potential
The property features LARD1.5 zoning on a 3,200 sq. ft. lot, offering exceptional upside potential for multi-unit development, additional units, or a high-return investment strategy.
- Prime Mid-City Location
Centrally located minutes from Culver City, West LA, and the Jefferson/La Brea corridor, with excellent access to the Expo Line, I-10 Freeway, and popular amenities like Whole Foods.
- Classic Architectural Charm
This 1931 Spanish-style home delivers timeless character and city lights views, providing a highly desirable foundation for a renovation or repositioning project.
CONSRISKS & DEFICIENCIES
- Limited Living Space and Layout
With only 2 bedrooms, 1 bathroom, and 1,062 sq. ft. of living space, the current footprint is small and may require immediate expansion to appeal to modern buyers.
- Low-Rated Local Secondary Schools
The assigned public middle school (Audubon Middle) and high school (Dorsey High) both carry low ratings of 2 out of 10, which may deter families prioritizing public school education.
About 5426 Homeside Avenue
Charming Spanish-Style Home with Major Redevelopment Upside in the Heart of Mid-City. Welcome to a classic 1931 Spanish-style home offering both immediate charm and exceptional long-term potential in one of Los Angeles' fastest-growing corridors. This 2-bedroom, 1-bath residence spans 1,062 sq. ft. on a 3,200 sq. ft. lot, delivering timeless character alongside a rare development-ready zoning designation. Zoned LARD1.5, the property presents strong upside potential for redevelopment, additional units, or value-add opportunities. Whether you're an investor eyeing a renovate-and-hold strategy, a developer exploring multi-unit potential, or a flipper looking to reposition, this is a rare opportunity to plant a flag in Mid-City. Minutes from Culver City, West LA, and the Jefferson/La Brea corridor, Close to the Expo Line, I-10 Freeway, and major transit connections. Near Whole Foods, local restaurants, coffee shops, and everyday conveniences. Situated in a neighborhood known for its growth, culture, dining scene, and continued investment. Great real estate opportunity with endless potential in a prime, evolving location. Bring your vision this one is ready to be reimagined.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1931
- Lot Size
- 3,200 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Baldwin Hills Elementary School
Grades K-5 • 0.4 mi
6/10
Marvin Elementary School
Grades K-5 • 0.4 mi
6/10
Cienega Elementary School
Grades K-5 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,062 | 1,664.159 |
| Lot Size | 3,200 | 6,066.556 |
| Price | $700.0K | $1.35M |
| Price per sq ft | $659 | $806 |
| Built year | 1931 | 1939 |
| HOA | $0 | $278 |
| Days on market | 23 | 55 |
Pricing History
Listed for Sale
Aug 17, 2026
$700,000
Initial Listing