5819 Ernest Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 5 bed, 3 bath
5819 Ernest Avenue
Los Angeles, California 90034
Property Price
SUMMARY
Analysis of 5819 Ernest Avenue, Los Angeles, California 90034 reveals a Prime Investment Opportunity with a current list price of $1,995,000—significantly undercutting the $2,245,244 Fair Market Value by 11%. This valuation gap indicates a +$250,244 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5819 Ernest Avenue Subject | $1,995,000* List Price | 5 | 3 | 2,958 | $759 | - |
A 1915 Covington Lane Sold | $2,450,888 | 5 | 3 | 2,897 | $846 | 0.5 mi |
B 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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
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.
- Premium Outdoor Amenities
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.
- Substantial Living Space
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2958, other record living area = 2298.
- Limited Lot Utility
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.
- Potential for Modernization
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.'
About 5819 Ernest Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 5,003 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,958 | 1,637 | 88% |
| Lot Size | 5,003 | 5,617 | 29% |
| Price | $2.00M | $1.54M | 71% |
| Price per sq ft | $674 | $976 | 11% |
| Built year | 1938 | 1944 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 155 | 2% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,995,000
Initial Listing
Sold
Oct 25, 2018
$1,350,000
Public Record
Sold
May 22, 2018
$900,000
Public Record