5449 S Victoria Avenue, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath

5449 S Victoria Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,325,888
5449 S Victoria Avenue, Los Angeles, California 90043
0Bed
0Bath
1,818Sqft
7,003Lot

Price Vs. Estimate

The estimated value ($1,302,430.475) is $23,457.525 (1%) lower than the list price ($1,325,888). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Recent Price Reductions: The property has undergone multiple price reductions from its original listing price of $1.45M to the current $1.325M, which may suggest initial overpricing or market resistance.

Compared to the nearby listings

Price:$1.33M vs avg $850.0K (+$475,888)85%
Size:1,818 sqft vs avg 1,496 sqft70%
Price/sqft:$729 vs avg $64882%

More Insights

Built in 1922 (103 years old).
Condition: This property has undergone a complete, top-to-bottom renovation, including all major systems (electrical, plumbing, HVAC, main sewer line, tankless water heater) and cosmetic finishes. Both the main house and the newly built ADU feature modern kitchens with quartz countertops and new stainless steel appliances, new wide-plank engineered flooring, and contemporary fixtures. The overall condition, style, and features are virtually new, meeting the highest quality standards.
Year Built
1922
Close
-
List price
$1.33M
Original List price
$1.45M
Price/Sqft
$729
HOA
-
Days on market
-
Sold On
-
MLS number
DW25180110
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Seller May Contribute toward a rate buy-down or buyer’s closing cost. Welcome to 5449 S Victoria Ave located in the neighborhood of View Park. Completely renovated from top to bottom, this 3-bedroom, 2-bathroom residence with modern upgrades, including new windows, electrical, plumbing, HVAC system, and main sewer line. The open-concept living space features a bright and airy design with a spacious kitchen with quartz countertops, a breakfast area, and new stainless steel appliances, including a stove, oven, refrigerator, and dishwasher. A bonus area provides the perfect space for a home office, adding flexibility to the layout. Enjoy your mornings or entertain guests on the expansive deck, accessible from both the kitchen and the primary suite, while overlooking the beautifully landscaped backyard with a new sprinkler system. Additional upgrades include a brand-new tankless water heater for maximum efficiency. Adding incredible value to this property is the newly built 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) at 5449 1/2 S Victoria Ave. This designed space boasts a modern kitchen with quartz countertops and new stainless steel appliances, including a stove, microwave and refrigerator. The living area, in-unit laundry, and brand-new electrical, plumbing, windows, and mini split make this ADU completely move-in ready. Like the main home, it also features new wide-plank engineered flooring throughout. Whether you're looking for a rental income opportunity, guest house, or additional living space. This home is within walking distance to the Crenshaw metro line and popular shops and eateries like Jon & Vinny's and just minutes from Kenneth Hahn State Park, SoFi Stadium/Hollywood Park, Culver City, Playa Vista, DTLA,Silicon Beach, and LAX. This property is truly an entertainer's dream and a fantastic investment opportunity, providing both a luxurious home and an income-generating unit. Don't miss out on this rare find.

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,K-50.6mi
3/10
Angeles Mesa Elementary School
Public,K-50.7mi
2/10
Fifty-Ninth Street Elementary School
Public,K-50.8mi
2/10
Yes Academy
Public,K-50.8mi
2/10
Forty-Second Street Elementary School
Public,K-51.2mi
4/10
Centinela Elementary School
Public,K-61.2mi
3/10
Windsor Hills Math Science
Public,K-51.3mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.6mi
1/10
Lane (Warren) Elementary School
Public,K-61.8mi
2/10
Audubon Middle School
Public,6-81.3mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.5mi
1/10
Horace Mann Junior High School
Public,6-81.6mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.5mi
2/10
Crozier (George W.) Middle School
Public,7-82.8mi
/10
Monroe (Albert F.) Middle School
Public,6-83.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.4mi
2/10
Inglewood High School
Public,9-122.5mi
2/10
George Washington Preparatory High School
Public,9-124.1mi
9/10
Middle College High School
Public,9-126.5mi

Price History

Date
Event
Price
06/15/23
Sold
$760,000
Condition Rating
Excellent

This property has undergone a complete, top-to-bottom renovation, including all major systems (electrical, plumbing, HVAC, main sewer line, tankless water heater) and cosmetic finishes. Both the main house and the newly built ADU feature modern kitchens with quartz countertops and new stainless steel appliances, new wide-plank engineered flooring, and contemporary fixtures. The overall condition, style, and features are virtually new, meeting the highest quality standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Income-Generating ADU: The property includes a newly built, fully equipped, and move-in ready 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU), offering significant rental income potential or flexible living space.
Extensive Modern Renovation: The main residence has been completely renovated from top to bottom, featuring new windows, electrical, plumbing, HVAC system, main sewer line, tankless water heater, and a modern kitchen with new stainless steel appliances.
Strategic Location & Connectivity: Located within walking distance to the Crenshaw metro line and popular shops/eateries, and minutes from major destinations like SoFi Stadium, Culver City, Silicon Beach, and LAX.
Enhanced Lifestyle Features: The open-concept living space, expansive deck accessible from the kitchen and primary suite, and beautifully landscaped backyard with a new sprinkler system are ideal for entertaining and outdoor enjoyment.
Buyer Financial Incentive: The seller is offering to contribute towards a rate buy-down or buyer’s closing costs, providing a direct financial benefit and making the property more attractive to potential buyers.

Cons

Recent Price Reductions: The property has undergone multiple price reductions from its original listing price of $1.45M to the current $1.325M, which may suggest initial overpricing or market resistance.
Mixed School Ratings: Several nearby public elementary and middle schools have lower ratings (1-3), which could be a consideration for families prioritizing top-tier public education options.
Significant Price Appreciation: The current list price represents a substantial increase from its sale price of $760,000 in June 2023, which might lead to buyer scrutiny or potential appraisal challenges despite extensive renovations.

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