5718 S Western Avenue, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath
5718 S Western Avenue
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 5718 S Western Avenue, Los Angeles, California 90062 is currently available with a list price of $1,699,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is marketed as a land development opportunity and is currently covered in makeshift structures, tarps, and debris. It lacks any functional residential components such as a kitchen or bathroom and is unlivable in its current state, with the value based entirely on the land and its redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Corner Exposure
The property is situated on a prominent corner at the intersection of major streets, offering maximum visibility and multiple access points for future development.
- High-Density Zoning
The LAC2 residential zoning allows for multifamily development, providing a lucrative opportunity to capitalize on the high demand for housing in the Los Angeles market.
- Substantial Lot Assembly
The combination of two contiguous parcels creates a significant ±10,024 sq ft footprint, offering greater design flexibility and scale than typical single-lot offerings.
CONSRISKS & DEFICIENCIES
- Residual Structure Costs
A rear construction will remain on-site, which may require additional capital for demolition or complicate the initial site preparation for new construction.
- Entitlement Risks
Development density and design opportunities are subject to local code and jurisdictional approvals, placing the burden of zoning verification and permitting success on the buyer.
- Premium Acquisition Cost
At a list price of $1.699M for land, the project requires a high-yield development strategy to offset the initial land cost and ensure a competitive return on investment.
About 5718 S Western Avenue
Exceptional Corner Land Opportunity – Two Contiguous Lots APN: 5003-029-014 & 5003-029-013 Total Lot Size: ±10,024 sq ft (combined) — two adjoining parcels each ±5,012sq ft Zoning: LAC2 residential zoning (Los Angeles County) — allows multifamily residential development with density and design opportunities subject to local code and approvals; buyer to confirm with jurisdiction. Description: Rarely available corner land composed of two contiguous parcels positioned on the intersection of major streets. The site is currently occupied, but will be delivered vacant at closing, with only the rear construction to remain for potential reuse or removal at buyer’s discretion. This land assembly offers: Strong development potential under LAC2 residential zoning Large combined footprint with corner exposure Flexible design options for residential, multifamily, or investment projects Delivered vacant at close (rear structure remains) Ideal for builders, investors, or developers seeking a strategic infill opportunity with enhanced exposure and configurational value.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 2003
- Lot Size
- 5,016 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2003 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,699,000
Initial Listing
Sold
Jul 26, 2018
$977,500
Public Record