
Los Angeles, California 90034
This Spacious Traditional Residence is a High-Potential Investment Opportunity, listed at $1,995,000—positioned well below the $2,245,244 Fair Market Value by 11%. This valuation gap offers $250,244 in Instant Equity for buyers. The property maintains a Condition Rating of 3, featuring a private pool, spa, and city lights view on a quiet cul-de-sac near the Culver City Arts District. It balances significant financial upside with a move-in ready layout. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-capacity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5819 Ernest Avenue Subject | $1,795,000* List Price | 5 | 3 | 2,958 | $631 | - |
A 1960 Chariton Street Active | $1,998,000 List Price | 7 | 5 | 3,372 | $593 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a kitchen updated with stainless steel appliances and stone countertops. While the 1938 construction is evident in some vintage bathroom fixtures and architectural details, the home shows minimal wear and tear, polished hardwood floors, and a functional outdoor pool area, meeting the criteria for a well-maintained home that does not require immediate renovation.
Situated on a quiet cul-de-sac just moments from the Culver City Arts District, the property offers a rare blend of residential privacy and immediate access to top-tier dining, galleries, and creative hubs.
The private backyard features both a pool and a spa, providing a luxury retreat and entertainment space that is highly sought after and adds significant value in the Los Angeles market.
With nearly 3,000 square feet and five bedrooms, this residence offers a generous and versatile floor plan that is significantly larger than many neighboring properties of the same era.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2958, other record living area = 2298.
Given the large interior footprint and the inclusion of a pool and detached garage, the remaining usable green space on the 5,003-square-foot lot is relatively constrained.
Built in 1938, the property may require updates to its vintage systems or finishes to meet modern luxury standards, as indicated by the mention of 'future customization' and 'potential creative use.'
Tucked away on a residential cul-de-sac street, 5819 Ernest Avenue offers a perfect blend of privacy, comfort, and classic Los Angeles charm, just moments from the vibrant Culver City Arts District. This graciously sized residence is filled with natural light and features an effortless layout ideal for both everyday living and entertaining. The home welcomes you with warm, inviting interiors and a seamless flow between living spaces. Generously sized bedrooms provide peaceful retreats, while the kitchen and common areas are designed for gathering, hosting, and connection. Outdoors, enjoy a private backyard complete with a pool and spa, creating an ideal setting for al fresco dining, relaxing evenings, or future customization. A detached garage adds flexibility for parking, storage, or potential creative use. Ideally located near galleries, restaurants, and creative hubs, with convenient access to local dining, shopping, and major routes, this home presents an exceptional opportunity to live adjacent to one of Los Angeles' most dynamic cultural corridors. A true blend of location, livability, and potential; 5819 Ernest Ave is ready to welcome its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,958 | 1,650 | 86% |
| Lot Size | 5,003 | 5,755.5 | 30% |
| Price | $1.79M | $1.67M | 55% |
| Price per sq ft | $607 | $1.0K | 6% |
| Built year | 1938 | 1941 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 149 | 9% |
Mar 27, 2026
$1,795,000
$1,995,000
-10% Price Drop
Initial Listing
Feb 12, 2026
$1,995,000
Initial Listing
Oct 25, 2018
$1,350,000
Public Record
May 22, 2018
$900,000
Public Record