5505 Homeside Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This Modernized Turnkey Residence represents a Prime Investment Opportunity, listed at $979,000—positioned well below the $1,025,354 Fair Market Value by 4%. This valuation gap delivers $46,354 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the home features a comprehensive 2025 remodel with a gourmet kitchen, new roof, and new HVAC system. The versatile single-car garage offers significant ADU potential, while proximity to Marvin Elementary supports long-term asset stability. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5505 Homeside Avenue Subject | $979,000* List Price | 3 | 2 | 1,216 | $843 | - |
A 2907 S Ridgeley Drive Sold | $915,000 | 3 | 2 | 1,020 | $897 | 0.1 mi |
B 2840 S Mansfield Avenue Sold | $730,000 | 4 | 2 | 974 | $749 | 0.6 mi |
C 5563 Bangor Sold | $755,000 | 2 | 1 | 895 | $844 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive, full-scale renovation in 2025, effectively making it a like-new home. It features a brand-new roof, new HVAC system, and a completely remodeled interior including a gourmet kitchen with custom cabinetry and sleek countertops. With updated bathrooms, new flooring, recessed lighting, and built-in closet organizers, the home meets all current quality standards with no deferred maintenance.
The home is completely turnkey with a brand-new roof and HVAC system installed in 2025, offering buyers peace of mind and significantly reduced immediate maintenance costs.
Featuring a gourmet kitchen with custom cabinetry and sleek countertops, plus built-in closet organizers and recessed lighting, the interior provides a contemporary and functional living experience.
The property includes a long driveway and a versatile single-car garage that can be easily converted into an additional living unit or workspace, providing excellent value-add potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-10-30. The sold price is $670,000.00. The property was recently sold within the past year on 2025-10-27. The sold price is $640,000.00.
With a lot size of only 3,200 square feet, the outdoor space is relatively compact, which may limit options for extensive landscaping or large-scale outdoor entertaining.
Discover this stunning, fully remodeled 2025 home that's truly turnkey and ready for you to move in! Offering 3 spacious bedrooms, 2 modern bathrooms, and approximately 1,216 square feet of thoughtfully designed living space. Step inside to a bright and welcoming living room featuring recessed lighting and gorgeous flooring that flows seamlessly throughout. The gourmet kitchen impresses with custom cabinetry, sleek countertops, and a gas range, complemented by a convenient adjacent laundry room. All bedrooms and bathrooms have been meticulously updated, including built-in closet organizers for optimal storage. Outside, the private backyard provides a blank canvas perfect for the avid outdoor enthusiast to create their dream oasis. The low-maintenance front yard leads to a long driveway and versatile single-car garage, which can easily be converted into additional living or workspace if desired. New roof 2025 and new HVAC 2025, Don't miss this gem!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,216 | 1,409.5 | 37% |
| Lot Size | 3,200 | 5,274 | 22% |
| Price | $979.0K | $1.03M | 43% |
| Price per sq ft | $805 | $748 | 63% |
| Built year | 1946 | 1927 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 188 | 4% |
Mar 8, 2026
$979,000
Initial Listing
Oct 30, 2025
$670,000
Public Record
Oct 27, 2025
$640,000
Public Record
Jan 12, 2010
$310,000
Public Record