5577 Homeside Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This Redevelopment Asset is listed at $635,000, positioned relative to a $573,335 Fair Market Value. With a Condition Rating of 6, the primary value-add potential stems from the LARD1.5 Zoning and 4,904 sq ft lot, which supports densification or unit expansion. Located in the rapidly evolving West Adams neighborhood near Culver City, the Los Angeles Unified School District serves the area, including Marvin Elementary School. This high-upside project represents a strategic acquisition for Fix-and-Flip Investors or Developers looking to capitalize on the area's continued growth and investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5577 Homeside Avenue Subject | $665,000 | 3 | 2 | 1,070 | $544 | - |
A 2524 Alsace Ave Sold | $710,000 | 3 | 2 | 1,071 | $663 | 0.7 mi |
B 2434 S Cochran Avenue Sold | $750,000 | 3 | 2 | 1,217 | $616 | 0.7 mi |
C 2430 S Cochran Avenue Sold | $740,000 | 2 | 1 | 1,340 | $552 | 0.7 mi |
D 2540 Hauser Boulevard Active | $768,888 List Price | 2 | 1 | 1,072 | $717 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 (100+ years old) with no evidence of renovation, this property is marketed as an 'investor special' for redevelopment. The exterior shows significant neglect, and the listing focuses on land value and LARD1.5 zoning potential rather than the habitability of the existing structure.
The property is zoned LARD1.5 on a 4,904 sq ft lot, providing significant upside for redevelopment, adding units, or expansion in a high-demand rental market.
Situated in the rapidly evolving West Adams neighborhood, the home offers excellent proximity to Culver City, West LA, major transit hubs, and premium amenities like Whole Foods.
Marketed as an 'investor special' with a competitive entry price, this property presents a strong value-add opportunity for flippers or developers to capitalize on long-term appreciation.
Built in 1923 and sold in as-is condition, the structure likely requires substantial capital expenditure for modernization, repairs, or a complete overhaul.
Several assigned public schools, including the local middle and high schools, have low performance ratings, which may deter traditional family buyers.
Investor special in the heart of rapidly growing West Adams! This 3-bedroom, 2-bath home offers 1,070 sq ft of living space on a 4,904 sq ft lot and is being sold as-is. Zoned LARD1.5, the property presents strong upside potential for redevelopment, additional units, or value-add opportunities (buyer to verify all development possibilities with the city). Located near Culver City, West LA, Jefferson/Hauser transit, and Whole Foods, this property sits in one of Los Angeles’ most sought-after and evolving neighborhoods known for its growth, dining, culture, and continued investment. Perfect opportunity for investors, developers, or flippers looking to renovate, reposition, or expand and hold for long-term appreciation. Great real estate opportunity with endless potential in a prime location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 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 | 1,070 | 1,446 | 13% |
| Lot Size | 4,904 | 5,998.5 | 20% |
| Price | $665.0K | $980.0K | 7% |
| Price per sq ft | $621 | $725 | 27% |
| Built year | 1923 | 1928 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 123 | 7% |
May 5, 2026
$635,000
Initial Listing