5731 2nd Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 2 bath
5731 2nd Avenue
Los Angeles, California 90043
Property Price
SUMMARY
Analysis of 5731 2nd Avenue, Los Angeles, California 90043 reveals a Fairly Priced Property with a current list price of $675,000 aligned with the estimated $675,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5731 2nd Avenue Subject | $675,000* List Price | 2 | 2 | 696 | $970 | - |
A 3304 W 63rd Active | $625,000 List Price | 2 | 1 | 780 | $801 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1926, this property is very old and requires substantial rehabilitation. While some areas like the kitchen have received minor, basic updates (newer appliances, backsplash, and flooring), the cabinets are dated, and the bathrooms are significantly outdated in style and fixtures, likely dating back 30-50+ years. The overall condition suggests that major systems (electrical, plumbing, HVAC) are likely original or very old and would require extensive replacement to meet modern standards, as hinted by the description calling it a 'canvas for your next chapter' with 'big potential'.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Vintage Charm & Character
The property boasts a 'charming city bungalow' aesthetic with 'vintage character' and 'warm wood floors,' appealing to buyers seeking classic appeal and a home with 'heart'.
- Significant Customization Potential
Described as a 'canvas for your next chapter' and inviting 'your vision,' it offers substantial opportunity for buyers to personalize, renovate, and add significant value.
CONSRISKS & DEFICIENCIES
- Age and Potential System Updates
Built in 1926, the property is an older home, which may necessitate updates to major systems (plumbing, electrical, HVAC) to meet modern standards and avoid future maintenance issues.
- Limited Interior Square Footage
With only 696 sqft, the interior living space is relatively small, which could be a constraint for buyers needing more room or for future expansion without significant structural changes.
- Low-Rated Local Schools
Several nearby public schools have low ratings (1 or 2), which could be a concern for families prioritizing school quality and potentially impact long-term resale value for that demographic.
About 5731 2nd Avenue
A CHARMING CITY BUNGALOW WITH BIG POTENTIAL Here's a home with heart. The cozy front porch welcomes you into intimate living spaces lined with warm wood floors and soft light. The kitchen is bright and functional, flowing easily with living areas for real-life living. At the rear, you'll find a generous backyard, ready for gardening, outdoor gatherings, or a creative makeover. Upstairs or tucked spaces hint at flexible bonus or storage rooms. With its simple footprint, vintage character, and extra yard room, this house invited your vision and serves as a canvas for your next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 4,791.6 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fifty-Ninth Street Elementary School
Grades K-5 • 0.2 mi
Angeles Mesa Elementary School
Grades K-5 • 0.4 mi
Yes Academy
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 696 | 1,446 | 1% |
| Lot Size | 4,791.6 | 6,149 | 4% |
| Price | $675.0K | $850.0K | 18% |
| Price per sq ft | $970 | $623 | 99% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 150 | 175 | 41% |
Pricing History
Listed for Sale
Oct 7, 2025
$675,000
Initial Listing
Sold
Dec 24, 2003
$170,000
Public Record