5619 1/2 W Clemson Street 1/2, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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Los Angeles, California 90016
This Investment-Grade Condominium is listed at $399,900, positioned near its $379,468 Fair Market Value. While currently lacking an equity gap, the property offers a rare entry-level price point within the competitive Park Hills Heights market. The unit is in Fair Condition and requires significant interior updates to modernize its 1948 systems and finishes. Sold with occupants and featuring a $473 monthly HOA, this asset provides a clear value-add path through professional management and renovation. This is a strategic acquisition for Buy-and-Hold Investors or Professional Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5619 1/2 W Clemson Street 1/2 Subject | $399,900* List Price | 2 | 1 | 759 | $500 | - |
A 5803 Bowcroft Street 1 Sold | $459,000 | 2 | 1 | 900 | $510 | 0.3 mi |
B 5637 Corbett Street Sold | $450,000 | 2 | 1 | 885 | $508 | 0.2 mi |
C 5773 Clemson Street Active | $449,900 List Price | 2 | 1 | 771 | $584 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1948, making it 76 years old. While the exterior appears maintained, there are no interior photos provided to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior components. Given its age and the absence of any mentioned recent renovations, it is highly probable that the interior, including the kitchen and bathroom, is significantly outdated in style and features, requiring minor to moderate updates. The lack of information on major systems also points to potential deferred maintenance or systems nearing the end of their lifespan. This aligns with the 'Fair' criteria of being an aged home that is maintained but shows signs of being outdated and requires updates.
Situated in a 'very nice Multi Family Residential area bordering La Cienega Blvd' in Los Angeles (Park Hills Heights), offering excellent access to amenities and a desirable urban lifestyle.
Listed at $399,900, this 2-bedroom unit presents a relatively affordable entry into the competitive Los Angeles real estate market.
As a condominium, owners benefit from reduced exterior maintenance responsibilities, with common area upkeep typically managed by the HOA.
The unit is sold with occupants, complicating the showing process ('DO NOT contact occupants') and potentially requiring the buyer to manage tenant relations or eviction, adding complexity and cost.
The association fee of $472.88 is significant and will add a substantial amount to the monthly housing expenses, impacting overall affordability.
Built in 1948, the property may require updates to systems or aesthetics. Additionally, the unit's 759 sqft and single bathroom could be perceived as small or inconvenient for a 2-bedroom layout.
This sought after opportunity is now available... A nice 2 Bedroom unit, upstairs, in a very nice Multi Family Residential area bordering La Cienega Blvd... Being sold with occupants... Please DO NOT contact occupants... Showings with LA-1...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 759 | 925 | 16% |
| Lot Size | 36,625 | 278,988 | 26% |
| Price | $399.9K | $577.0K | 5% |
| Price per sq ft | $527 | $589 | 32% |
| Built year | 1948 | 1945 | 68% |
| HOA | $472.88 | $735 | 21% |
| Days on market | 140 | 202 | 26% |
Dec 3, 2025
$399,900
Initial Listing