5848 1/2 Willoughby Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 1 bed, 1 bath
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Los Angeles, California 90038
This Turnkey 1920s Residence offers a sophisticated entry into the Hollywood market with a List Price of $499,000, aligning with its $493,039 Fair Market Value. Boasting an Excellent Condition Rating, the interior features a Remodeled Kitchen with Quartz Countertops, stainless appliances, and In-Unit Laundry. Modern comforts like Updated A/C and new flooring preserve the vintage character while ensuring a move-in ready experience. Located in a high-demand lifestyle pocket, this home provides long-term stability and urban convenience. It is perfectly suited for first-time buyers or creative professionals seeking a stylish pied-à-terre.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5848 1/2 Willoughby Avenue Subject | $499,000* List Price | 1 | 1 | 580 | $850 | - |
A 5846 3/4 Willoughby Ave Active | $399,000 List Price | 1 | 1 | 483 | $826 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building dates back to 1926, the interior has undergone a comprehensive recent renovation that meets modern standards. The property features a fully remodeled kitchen with contemporary white shaker cabinets, quartz countertops, and stainless steel appliances. Additional high-quality updates include new flooring throughout, a modernized bathroom, in-unit laundry, and updated A/C systems, leaving the unit in virtually new condition with no visible deferred maintenance.
This 1920s residence features essential modern upgrades including a remodeled kitchen, newer appliances, in-unit laundry, and A/C, blending classic character with contemporary convenience.
Situated in the heart of Hollywood, the property offers a high-demand, lifestyle-driven location that serves as an ideal creative pied-à-terre or entry-level home.
Priced under $500,000, this unit represents an affordable alternative to renting and a rare opportunity to enter the Los Angeles real estate market at an accessible level.
At just 580 square feet, the limited interior space may be restrictive for buyers requiring significant storage or room for entertaining.
The property is noted as having no views, which may be a disadvantage for those seeking scenic outlooks or a greater sense of openness in a dense urban environment.
A rare opportunity to own in the heart of Hollywood, this charming 1920s residence blends timeless character with thoughtful modern updates. Ideal for a first home, creative pied-terre, or stylish alternative to renting. Updated flooring, a remodeled kitchen with newer appliances, in-unit laundry, and A/C provide the comforts today's buyers expect while preserving the building's vintage charm. The neighborhood continues to see strong demand with a mix of renovated historic homes and newer development, making it an appealing entry point into homeownership in a centrally located, lifestyle driven pocket of LA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 580 | 1,100 | 20% |
| Lot Size | - | 11,450 | 20% |
| Price | $499.0K | $765.0K | 20% |
| Price per sq ft | $860 | $699 | 80% |
| Built year | 1926 | 2006 | 20% |
| HOA | $313.76 | $525 | 20% |
| Days on market | 50 | 248 | 20% |
Mar 3, 2026
$499,000
Initial Listing