5620 Fortuna, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 1 bath
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5620 Fortuna
Los Angeles, California 90011
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
1Baths
984Sq Ft
4,796Lot Size
Property Price
LIST PRICE$524,950
EST. MARKET VALUE
$561,375
6% BelowMARKET VALUE
SUMMARY
This 3-bedroom, 1-bath Single Family Residence is a Strong Value Opportunity, listed at $524,950—positioned well below the $561,376 Fair Market Value by 6%. This valuation gap offers $36,426 in Instant Equity for the buyer. With a Good Condition Rating following recent interior and exterior updates, the home is move-in ready. Located in the Los Angeles Unified School District, this property provides a stable, accessible entry point for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset in a central urban location.
Estimated Market Value
$561,375+$36,425 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5620 Fortuna Subject | $524,950* List Price | 3 | 1 | 984 | $571 | - |
A 1320 E 48th Active | $639,888 List Price | 3 | 2 | 1,113 | $575 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 1925, it is marketed as move-in ready following a fresh cosmetic update including new interior/exterior paint and new carpeting. These recent improvements (under 5 years) and the 'clean' description elevate it from Fair to Good, despite the likely older age of the kitchen, bath, and mechanical systems.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The property has been freshly updated with new interior and exterior paint and new carpeting throughout, offering a clean and turn-key opportunity for immediate occupancy.
- Competitive Price Point
Priced at $524,950 for a three-bedroom residence, this home represents a relatively affordable entry point into the Los Angeles real estate market.
- Strategic Urban Location
Situated in the Downtown L.A. area, the property provides excellent accessibility to major freeways, local schools, and a variety of shopping and dining options.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
The home features three bedrooms but only one bathroom, which may be a significant drawback for larger households or those seeking modern convenience.
- Compact Living Space
At just 984 square feet, the interior footprint is quite small for a three-bedroom layout, potentially resulting in cramped living quarters and limited storage.
About 5620 Fortuna
Freshly updated 3-bedroom, 1-bath home featuring new interior and exterior paint and new carpet throughout. Light, clean, and move-in ready, this home offers a great opportunity in a convenient Los Angeles location near shopping, dining, schools, and major freeways. *Listing agent will not represent any buyer in this transaction under any circumstances.* ***Call for offers: Monday, August 31, 2026; counters will be sent out Tuesday; offers will be submitted to the seller Wednesday.***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 4,796 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Holmes Avenue Elementary School
Grades K-6 • 0.4 mi
2/10
Lillian Street Elementary School
Grades K-6 • 0.4 mi
5/10
Hooper Avenue Elementary School
Grades 1-5 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 984 | 1,664.159 |
| Lot Size | 4,796 | 6,066.556 |
| Price | $525.0K | $1.35M |
| Price per sq ft | $533 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$524,950
Initial Listing
Sold
Jun 17, 1998
$112,500
Public Record
Sold
May 28, 1997
$71,500
Public Record