5819 4th Avenue 3, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath
ACTIVE$995,000
5819 4th Avenue 3, Los Angeles, California 90043
0Bed
0Bath
1,672Sqft
4,801Lot
Year Built
1922
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
SR25072459
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $995.0K(58th), sqft - 1672(65th), beds - undefined(2th), baths - undefined(2th).
Investment opportunity in the Park Mesa Heights south of Slauson Ave in between Crenshaw and Arlington. The main house has 3 bedrooms and 2 bathroom with a long drive way to park on the side of the house. There is one unit on a separate dwelling at the back with a brand new ADU with permits and separate meters for a large family. Both units at the back have 1 bedroom and 1 bath each and they are ready to move in condition. This property offers proximity to LAX, Sofi Stadium, Crenshaw Corridor and the new Intuit Dome. This property is ready for a great family to enjoy just in time for the summer, or perfect for a first time buyers who are looking for home ownership.
Nearby schools
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.2mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.5mi
2/10
Yes Academy
Public,•K-5•0.6mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.1mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.2mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.3mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.5mi
4/10
Centinela Elementary School
Public,•K-6•1.6mi
3/10
Windsor Hills Math Science
Public,•K-5•2.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
2/10
Audubon Middle School
Public,•6-8•1.5mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.0mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.1mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.8mi
2/10
Inglewood High School
Public,•9-12•2.7mi
2/10
George Washington Preparatory High School
Public,•9-12•3.6mi
9/10
Middle College High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
04/05/25
Listing
$995,000
07/17/19
Sold
$550,000
06/27/03
Sold
$245,000
Condition Rating
Fair
The property presents a mixed condition. The main house, built in 1922, shows significant age with a very dated kitchen (red cabinets, blue countertops, older appliances, patterned floor tiles) and basic light fixtures. The main house also appears to rely on window AC units. However, the listing explicitly states the presence of a 'brand new ADU with permits' and that the 'back units are ready to move in condition.' Images of the ADU bathroom confirm modern, new finishes including a contemporary vanity, mirror, and tiling. While the new ADU is in excellent condition, the substantial age and outdated features of the main house, particularly the kitchen and flooring, bring the overall property condition down to 'Fair,' as it requires significant updates to its primary dwelling to meet current quality standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Income Potential / Multi-Unit Property: The property features a main house (3 beds/2 baths) and a separate dwelling with a brand new, permitted ADU comprising two 1-bedroom, 1-bath units, offering significant rental income potential or flexible multi-generational living arrangements.
Brand New Permitted ADU: The Accessory Dwelling Unit (ADU) is explicitly stated as 'brand new' with 'permits and separate meters,' ensuring a modern, legal, and ready-to-use additional living space for immediate occupancy or rental.
Strategic Location: Its proximity to major attractions and employment centers such as LAX, SoFi Stadium, the Crenshaw Corridor, and the new Intuit Dome enhances its desirability and potential for appreciation.
Move-in Ready Additional Units: The ADU units are described as 'ready to move in condition,' allowing for immediate rental income generation or occupancy without requiring further investment from the buyer.
Investment Opportunity: The listing explicitly positions the property as an 'Investment opportunity,' appealing to buyers seeking rental returns or long-term capital growth in a dynamic Los Angeles market.
Cons
Age of Main Structure: Built in 1922, the main house may have older systems (plumbing, electrical) and could require significant updates or renovations, which are not explicitly detailed in the description.
Overpriced Relative to Market Estimation: The current listing price of $995,000 is 9% higher than the estimated property value of $901,526.595, potentially making it less competitive or requiring a price adjustment.
Low-Rated Local Schools: Several nearby elementary and middle schools have low ratings (mostly 1s and 2s), which could be a deterrent for families prioritizing access to highly-rated educational institutions.