
Los Angeles, California 90056
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,999,999—positioned well below the $2,125,865 Fair Market Value by 5%. This valuation gap provides $125,866 in Instant Equity for the buyer. Featuring a private pool and a functional 2,502 sq. ft. layout, the home maintains a Condition Rating of 4, offering significant potential for cosmetic modernization. Located in a quiet Ladera Heights cul-de-sac near top-rated schools like Farragut Elementary, this property is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5456 Marjan Avenue Subject | $1,999,999* List Price | 3 | 3 | 2,502 | $850 | - |
A 5432 Marjan Avenue Sold | $1,950,000 | 4 | 3 | 2,613 | $746 | 0.1 mi |
B 5018 S Chariton Avenue Active | $2,150,000 List Price | 4 | 3 | 3,044 | $706 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1977 (47 years old) and the listing lacks mention of recent major renovations to key systems, kitchens, or bathrooms. While the exterior appears well-maintained and the home is described as functional and move-in ready, the 'timeless appeal' and age suggest the interior finishes and systems are likely older than 20 years, requiring cosmetic updates to meet modern standards.
Elementary School: Farragut Elementary School (9/10).
Situated in the highly sought-after Ladera Heights community on a quiet cul-de-sac, offering both prestige and a tranquil residential environment.
The home features a sparkling pool and a family room that opens seamlessly to the backyard, creating an ideal flow for entertaining and Southern California living.
While some nearby elementary schools are highly rated, the assigned secondary schools have significantly lower ratings, which may be a concern for education-focused buyers.
The lot size of 5,775 sq. ft. is relatively modest for this price point, particularly as the pool occupies a significant portion of the outdoor area, limiting green space.
This charming home is located in the highly sought-after community of Ladera Heights and offers over 2,500 sq. ft. of thoughtfully designed living space. Featuring 3 spacious bedrooms and 3 bathrooms, this inviting residence blends comfort, functionality, and timeless appeal.Enjoy a formal living room, elegant dining room, and a welcoming family room perfect for relaxing or entertaining. The breakfast area overlooks the sparkling pool, creating the ideal setting to enjoy your morning coffee with a view. The family room seamlessly opens to the backyard, offering effortless indoor-outdoor living and dining.All bedrooms are conveniently located on the second level, providing added privacy. The main level features a private guest bathroom and laundry area, complete with a convenient laundry chute. Situated on a quiet cul-de-sac, this beautiful home offers both charm and tranquility in one of the area's most desirable neighborhoods.Private showings by appointment
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,502 | 2,695 | 41% |
| Lot Size | 5,775 | 8,769 | 14% |
| Price | $2.00M | $1.80M | 59% |
| Price per sq ft | $799 | $656 | 77% |
| Built year | 1977 | 1961 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 182 | 5% |
May 19, 2026
$1,999,999
Initial Listing