5623 Murray Lane, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 5 bath
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5623 Murray Lane
Los Angeles, California 90016
ACTIVE
CONDITION: EXCELLENT
3Beds
5Baths
2,640Sq Ft
1,207Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,598,000
3% BelowMARKET VALUE
SUMMARY
This Modern Luxury Single Family Residence is a Prime Investment Opportunity, listed at $1,550,000—positioned well below the $1,598,000 Fair Market Value by 3%. This valuation gap offers $48,000 in Instant Equity. Boasting an Excellent Condition Rating, the home features Viking appliances, natural oak floors, and panoramic city views. Its flexible layout and gated community setting provide a sophisticated, low-maintenance lifestyle. This property is an ideal acquisition for discerning professionals or owner-occupants seeking a turnkey, high-end residence near Culver City.
Estimated Market Value
$1,598,000+$48,000 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 |
|---|---|---|---|---|---|---|
★ 5623 Murray Lane Subject 3 bd · 5 ba · 2,640 sqft · $605 | $1,550,000* List Price | 3 | 5 | 2,640 | $605 | - |
A 5626 W Murray Active 3 bd · 5 ba · 2,537 sqft · $611 · 0.0 mi | $1,550,000 List Price | 3 | 5 | 2,537 | $611 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this modern home is less than 5 years old and in mint condition with no maintenance required. It features high-end finishes including natural oak floors, a premium kitchen with Viking appliances and Silestone countertops, marble bathrooms, and up-to-date systems like tri-zone HVAC and a pre-installed EV charger.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Luxury Finishes
Built in 2022, this home features premium Viking appliances, Silestone countertops, and custom Italian millwork, offering a sophisticated and move-in-ready luxury experience.
- Versatile Floor Plan
The generous 2,640 sqft layout includes en-suite bathrooms for all bedrooms and a spacious loft that can easily be converted into a fourth bedroom to accommodate growing needs.
- Prime Location & Views
Situated in a secure gated community on the Culver City border, the property boasts iconic views of the Hollywood sign and city lights while providing easy access to local attractions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2640, other record living area = 2594.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1207, living area = 2640.
- Limited Outdoor Space
With a lot size of only 1,207 sqft, the property offers very little private yard or garden space, which may be a disadvantage for buyers seeking traditional outdoor living.
About 5623 Murray Lane
2022 build - large, modern, single family home on the border of Culver City. 4th bedroom possible by sectioning off the large loft. This move in ready home offers generous living space, beautiful views, and is freshly painted through-out. Set within a desirable gated community of just 12 thoughtfully designed homes, this residence features high-end finishes, natural oak floors, and a well-designed, functional layout. The kitchen features Silestone countertops, Viking appliances, imported lighting, & custom Italian millwork. All three bedrooms have en-suite bathrooms with marble surfaces, while the spacious primary suite offers two walk-in closets, a balcony, and a spa-like bathroom with two vanities and a large shower. Additional features include tri-zone heating and air conditioning, custom Italian millwork, inlaid stair lighting, a two-car garage with built-in storage cubby, pre-installed 240V level 2 EV charger in the garage (Nema 14-50 outlet). The home is pre wired for solar. Cato wiring pre wired for Sonos and smart home technology, and two guest parking spaces. This home offers a rare combination of modern design, flexible living space, privacy, and sparkly LA views. Just minutes to Kenneth Hahn park, downtown Culver City & Helms district, and close to mid-city museums and LA attractions. **This home has not been on the market since it was built in 2022**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 1,207 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $125.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,640 | 1,670.836 |
| Lot Size | 1,207 | 6,152.156 |
| Price | $1.55M | $1.34M |
| Price per sq ft | $587 | $807 |
| Built year | 2022 | 1941 |
| HOA | $125.0 | $238 |
| Days on market | 61 | 56 |
Pricing History
Listed for Sale
Oct 11, 2026
$1,550,000
$1,598,000
-3% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$1,598,000
Initial Listing
Sold
Aug 3, 2022
$1,525,000
Public Record