5506 Holmes, Los Angeles, California 90058, Los Angeles, 90058 - 2 bed, 1 bath
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Los Angeles, California 90058
Analysis of 5506 Holmes, Los Angeles, California 90058 is currently available with a list price of $499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1922, this century-old property requires substantial rehabilitation and modernization. The listing analysis explicitly notes that the aging infrastructure likely requires significant capital expenditure for electrical, plumbing, and structural systems. The exterior image reveals a weathered facade, dated windows, and unmaintained landscaping, indicating significant deferred maintenance and a lack of recent renovations.
Listed at $499,000, this property offers a rare and accessible price point for the Los Angeles market, making it an ideal opportunity for first-time homebuyers or savvy investors.
The 4,803 square foot lot is generous for a home of this size, providing ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU) to increase value.
Situated in the Los Angeles Southwest area, the property offers proximity to major employment hubs and downtown, catering to commuters looking for a central residential base.
Originally constructed in 1922, the property is over a century old and likely requires significant capital expenditure to update electrical, plumbing, and structural systems to modern standards.
With only 912 square feet of living space and a 2-bedroom, 1-bathroom configuration, the home's small footprint may limit its appeal to larger families or those requiring a home office.
A charming little house located near downtown Los Angeles, close to schools, hospitals, and shops. This property is ideal for families, first-time buyers, or investors. 2 bedrooms, 1 bathroom large indoor laundry room.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 912 | 750 | 50% |
| Lot Size | 4,803 | 3,121.5 | 50% |
| Price | $499.0K | $414.5K | 50% |
| Price per sq ft | $547 | $554 | 50% |
| Built year | 1922 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 163 | 50% |
Mar 7, 2026
$499,000
Initial Listing
Jul 23, 2014
$225,000
Public Record
May 2, 2005
$120,000
Public Record