
Los Angeles, California 90016
This Turnkey Condominium represents a Strong Value Opportunity, listed at $505,900—positioned well below the $505,747 Fair Market Value by a negligible margin, reflecting a stable, market-accurate price. Boasting a Mint Condition Rating with recent comprehensive renovations, the unit features modern quartz countertops and updated fixtures. Located just half a mile from the highly-rated Baldwin Hills Elementary School, this property offers a serene, tree-lined outlook. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5829 Bowcroft Street 4 Subject 2 bd · 2 ba · 900 sqft · $556 | $487,000* List Price | 2 | 2 | 900 | $556 | - |
A 3604 Kalsman Drive 2 Sold 2 bd · 2 ba · 871 sqft · $534 · 0.1 mi | $465,000 | 2 | 2 | 871 | $534 | 0.1 mi |
B 3610 Kalsman Dr 2 Sold 2 bd · 2 ba · 900 sqft · $541 · 0.1 mi | $487,000 | 2 | 2 | 900 | $541 | 0.1 mi |
C 5823 Bowcroft Street #4 Sold 2 bd · 2 ba · 910 sqft · $548 · 0.1 mi | $499,000 | 2 | 2 | 910 | $548 | 0.1 mi |
D 5827 Bowcroft Street 2 Sold 2 bd · 2 ba · 867 sqft · $565 · 0.0 mi | $490,000 | 2 | 2 | 867 | $565 | 0.0 mi |
E 3641 Kalsman Drive 4 Sold 2 bd · 2 ba · 900 sqft · $539 · 0.1 mi | $485,000 | 2 | 2 | 900 | $539 | 0.1 mi |
F 3607 Kalsman Drive 6 Sold 2 bd · 2 ba · 900 sqft · $521 · 0.1 mi | $469,000 | 2 | 2 | 900 | $521 | 0.1 mi |
G 5773 Clemson Street Sold 2 bd · 1 ba · 771 sqft · $532 · 0.3 mi | $410,000 | 2 | 1 | 771 | $532 | 0.3 mi |
H 5441 Village Sold 1 bd · 1 ba · 849 sqft · $588 · 0.6 mi | $499,000 | 1 | 1 | 849 | $588 | 0.6 mi |
I 3634 Kalsman Drive 4 Active 2 bd · 2 ba · 906 sqft · $524 · 0.0 mi | $475,000 List Price | 2 | 2 | 906 | $524 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the original 1949 construction, the interior has undergone a recent comprehensive renovation (<5 years). The kitchen features modern quartz countertops, updated cabinetry, and stainless steel appliances. The bathrooms have been updated with contemporary vanities and fixtures, and the unit features fresh paint and carpet throughout, making it in mint, move-in condition.
Priced at $505,900 for a 2-bedroom, 2-bathroom configuration, this property offers a relatively affordable entry point into the high-demand 90016 zip code compared to recent area sales.
The unit features views of trees and woods, providing a tranquil and private atmosphere that is a rare and desirable find in a dense urban Los Angeles neighborhood.
Located just half a mile from Baldwin Hills Elementary School, which holds a solid rating of 6, the property is well-positioned for families prioritizing access to better-rated public schools.
The association fee of $786 per month is significantly high for a 900-square-foot condominium, which may deter budget-conscious buyers and impact overall affordability.
As a bank-owned property sold strictly 'as-is,' buyers should anticipate potential deferred maintenance and the need for additional capital for immediate repairs or upgrades.
Bank-owned/REO condominium. Property is being sold "as-is."
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 900 | 1,252.996 |
| Lot Size | 74,374 | 26,029.603 |
| Price | $487.0K | $778.5K |
| Price per sq ft | $541 | $629 |
| Built year | 1949 | 1981 |
| HOA | $786.0 | $676 |
| Days on market | 46 | 74 |
Oct 29, 2026
$487,000
$505,900
-4% Price Drop
Initial Listing
Sep 24, 2026
$505,900
Initial Listing
Nov 15, 2022
$517,500
Public Record
Sep 28, 1995
$108,000
Public Record