5747 3rd Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 1 bath
5747 3rd Avenue
Los Angeles, California 90043
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5747 3rd Avenue Subject | $499,900* List Price | 4 | 1 | 2,093 | $239 | - |
A 6648 8th Avenue Active | $649,000 List Price | 3 | 2 | 2,430 | $267 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1923, this property is explicitly listed in 'substandard condition' with active Los Angeles Department of Building and Safety issues. Images reveal an unfinished ADU with exposed studs and wiring, while the main living areas feature an outdated kitchen, aged bathroom fixtures, and significant deferred maintenance throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Significant Income Potential
The property features a partially permitted ADU and a garage suitable for a second conversion, offering a rare opportunity to maximize rental yield through multiple units.
- Competitive Investment Pricing
Listed at $499,900 for a 4-bedroom home in a sought-after Los Angeles neighborhood, the property is priced to attract investors looking for high equity growth.
CONSRISKS & DEFICIENCIES
- Regulatory Compliance Burdens
The buyer must assume responsibility for resolving substandard conditions with the Los Angeles Department of Building and Safety, which may involve costly repairs and permitting.
- Tenant Occupancy Restrictions
Non-negotiable terms requiring the retention of current tenants limit the buyer's ability to perform immediate renovations or occupy the property.
About 5747 3rd Avenue
This property presents an excellent investment opportunity in a sought-after Los Angeles neighborhood. It features 4 bedrooms, 1 bath, and a partially permitted but unfinished Accessory Dwelling Unit (ADU), plus a garage that could be converted into a second ADU for added income. **The buyer will be responsible for retaining the current tenants at the close of escrow and addressing the substandard condition ( believed to be due to the ADU not being completed ) with the Los Angeles Department of Building and Safety after closing.** These terms are non-negotiable, making this a prime choice for savvy investors seeking to maximize value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
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 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 2,093 | 1,474 | 80% |
| Lot Size | 5,405 | 6,149 | 31% |
| Price | $499.9K | $850.0K | 2% |
| Price per sq ft | $239 | $622 | 2% |
| Built year | 1923 | 1926 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 175 | 14% |
Pricing History
Listed for Sale
Dec 10, 2025
$499,900
Initial Listing
Sold
Feb 17, 2012
$140,000
Public Record