5429 2nd, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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5429 2nd
Los Angeles, California 90043
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,714Sq Ft
4,923Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$749,325
6% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex is a Strong Value Opportunity, listed at $699,000—positioned well below the $749,325 Fair Market Value by 6%. This valuation gap offers $50,325 in Instant Equity. With a Condition Rating of 3, the property features a newly renovated downstairs unit and significant development upside on its 4,923 sq. ft. lot. While local school ratings are modest, the dual-income potential provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking to leverage house-hacking strategies in the Los Angeles market.
Estimated Market Value
$749,325+$50,325 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5429 2nd Subject 0 bd · 0 ba · 1,714 sqft · $437 | $699,000* List Price | 0 | 0 | 1,714 | $437 | - |
A 5330 3rd Avenue Sold 0 bd · 0 ba · 1,540 sqft · $422 · 0.1 mi | $650,000 | 0 | 0 | 1,540 | $422 | 0.1 mi |
B 3322 W 63rd Street Sold 0 bd · 0 ba · 1,921 sqft · $359 · 0.9 mi | $690,000 | 0 | 0 | 1,921 | $359 | 0.9 mi |
C 5700 3rd Active 0 bd · 0 ba · 1,600 sqft · $444 · 0.1 mi | $710,000 List Price | 0 | 0 | 1,600 | $444 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1925, the property is listed as move-in ready with a newly renovated downstairs unit featuring updated laminate flooring and fresh paint. The kitchen in the secondary unit appears functional and well-maintained despite being dated, and the presence of baseboard heating suggests maintained systems, though the exterior and upstairs unit show signs of their age.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Dual-Income Potential
As a duplex with separate 3-bedroom and 1-bedroom units, this property offers excellent versatility for 'house-hacking' owner-occupants or investors looking to maximize rental yield in the Los Angeles market.
- Development Upside
The generous 4,923 sq. ft. lot provides significant potential for expansion, including the possibility of adding additional units or an ADU to further increase the property's value and cash flow.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The property is served by local schools with low performance ratings (mostly 1s and 2s), which may limit the appeal for families and impact long-term appreciation potential.
- Century-Old Infrastructure
Built in 1925, the property's age suggests that despite recent renovations to one unit, there may be underlying requirements for maintenance or upgrades to aging systems typical of vintage homes.
About 5429 2nd
Charming Duplex with Investment Potential – Move-In Ready! Built in 1925, this two-story, 1,714 sq. ft. multifamily property sits on a generous 4,923 sq. ft. lot and offers an excellent opportunity for both owner-occupants and investors. The property features two separate units: an upstairs 3-bedroom, 1-bath unit and a downstairs 1-bedroom, 1-bath unit with a one-car garage. The downstairs unit is newly renovated. With a spacious lot and potential to add additional units. Whether you're looking to live in one unit while renting the other or maximize your investment portfolio, this property offers versatility, rental income potential, and room to grow.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1925
- Lot Size
- 4,923 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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
3/10
Fifty-Ninth Street Elementary School
Grades K-5 • 0.4 mi
2/10
Yes Academy
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,714 | 2,090.331 |
| Lot Size | 4,923 | 5,852.908 |
| Price | $699.0K | $830.9K |
| Price per sq ft | $408 | $394 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 27 | 87 |
Pricing History
Listed for Sale
Oct 13, 2026
$699,000
Initial Listing