5530 Geer Street, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 3 bath
5530 Geer Street
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 5530 Geer Street, Los Angeles, California 90016 reveals a property with a current list price of $1,395,000, which is 8% above the estimated $1,288,937 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5530 Geer Street Subject | $1,395,000* List Price | 4 | 3 | 1,709 | $754 | - |
A 3039 Vineyard Avenue Sold | $1,575,000 | 4 | 3 | 1,886 | $835 | 1.0 mi |
B 3031 Vineyard Avenue 2 Sold | $1,330,000 | 6 | 4 | 2,200 | $605 | 1.0 mi |
C 2235 S Mansfield Avenue Sold | $1,600,000 | 5 | 3 | 2,125 | $753 | 0.9 mi |
D 2331 S Cloverdale Avenue Active | $1,395,000 List Price | 4 | 3 | 1,867 | $747 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property, though built in 1947, has undergone an extensive and recent renovation, as evidenced by the 'Remodeled Home with Brand New ADU' description. Both the main house and the ADU feature modern, high-quality finishes throughout. The kitchens boast new white shaker cabinets (main house) and light wood-look flat panel cabinets (ADU), quartz countertops, stainless steel appliances, and contemporary lighting. Bathrooms are fully updated with modern vanities, lighted mirrors, new fixtures, and tiled showers/tubs. Flooring is consistent light wood-look laminate/LVP, and lighting is recessed and modern. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating ADU
The property features a brand new, permitted, and detached Accessory Dwelling Unit (ADU) that is fully occupied, offering immediate rental income potential or flexible multi-generational living options.
- Prime & Appreciating Location
Located in 'Trendy West Adams,' a rapidly evolving and highly sought-after neighborhood known for its vibrant community, historic charm, strong investment appeal, and excellent urban connectivity to Culver City and the Expo Line.
- Turnkey & Modernized
Both the main residence and the ADU are beautifully reimagined with modern finishes and an open-concept layout, providing a move-in-ready experience for the new owner.
CONSRISKS & DEFICIENCIES
- Age of Main Structure
Built in 1947, the main house is an older property. While remodeled, potential buyers may have concerns about underlying age-related issues with systems (e.g., plumbing, electrical) or structural components not explicitly detailed as updated.
- Recent Price Reduction
The property has undergone a price reduction from its original list price of $1,499,000 to $1,395,000, which could indicate initial overpricing or a slower market response, potentially signaling a need for further negotiation.
- Modest Lot Size
With a lot size of 4801 sq ft, the property offers relatively limited outdoor space, especially considering the presence of two structures, which might be a drawback for buyers desiring a larger yard or significant expansion potential.
About 5530 Geer Street
Welcome to Trendy West Adams Remodeled Home with Brand New ADU. Both units are fully occupied! Discover this beautifully reimagined gem in the heart of West Adams, one of LA's most sought-after and rapidly evolving neighborhoods. This turnkey property features a thoughtfully updated main home and a stylish Accessory Dwelling Unit (ADU) offering flexibility, functionality, and added value. The main residence boasts 3 bedrooms and 2 bathrooms across approximately 1,174 sq ft, with an open-concept layout, modern finishes, and an abundance of natural light that creates a warm and inviting space for both relaxing and entertaining. The detached 1-bedroom, 1-bath ADU spans approximately 535 sq ft and includes its laundry, making it an ideal option for guests, extended family, or rental income potential. Set on a peaceful, tree-lined street, this home blends suburban tranquility with urban convenience. Enjoy easy access to Culver City, the Expo Line, and some of LA's best cafes, galleries, and restaurants. West Adams continues to thrive, offering historic charm, vibrant community energy, and strong investment appeal. Don't miss this rare opportunity to own a move-in-ready home with a permitted ADU in one of Los Angeles's most dynamic and desirable neighborhoods. Photos have AI VS. ADU is all Electric, Main house has gas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 4,801 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Marvin Elementary School
Grades K-5 • 0.2 mi
Baldwin Hills Elementary School
Grades K-5 • 0.6 mi
Cienega Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,709 | 1,370 | 70% |
| Lot Size | 4,801 | 5,202 | 28% |
| Price | $1.40M | $1.01M | 84% |
| Price per sq ft | $816 | $747 | 68% |
| Built year | 1947 | 1927 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 254 | 183 | 88% |
Pricing History
Listed for Sale
Aug 7, 2025
$1,395,000
Initial Listing
Price Change
Jun 25, 2025
$1,499,000
Initial Listing
Sold
Sep 23, 2024
$710,000
Public Record