5853 S La Brea Avenue, Los Angeles, California 90056, Los Angeles, 90056 - 3 bed, 2 bath

5853 S La Brea Avenue, Los Angeles, California 90056 home-pic-0
ACTIVE$1,320,000
5853 S La Brea Avenue, Los Angeles, California 90056
3Beds
2Baths
2,237Sqft
6,300Lot
Year Built
1941
Close
-
List price
$1.32M
Original List price
$1M
Price/Sqft
$590
HOA
-
Days on market
-
Sold On
-
MLS number
OC25008663
Home ConditionExcellent
Features
Spa
Patio
ViewCourtyard

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.32M(21th), sqft - 2237(41th), beds - 3(50th), baths - 2(17th).

Welcome to this beautifully renovated 3-bedroom, 2-bathroom property offers charm, functionality, and modern upgrades. The main house features 2 bedrooms, 1 bathroom, and 1,298 sqft of bright, spacious living. A custom kitchen boasts new cabinets, countertops, tile flooring, and large Milgard windows for natural light and serene views. The dining room impresses with high ceilings, a custom light fixture, refinished hardwood floors, and a stunning bay window. Bedrooms are spacious with high ceilings, refinished flooring, and ample sunlight. The luxurious bathroom includes custom fixtures, a soaking tub, and a separate oversized shower. The downstairs unit adds an extra 939 sqft with a large living room, kitchenette, a spacious bedroom with a custom closet, and a stylish bathroom (Permit submitted and awaiting final approval). With a private entrance, it’s perfect for guests or rental income. Upgraded less than two years ago, the home includes new copper plumbing, updated sewer lines, modernized electrical, enhanced HVAC, and 23 new Milgard windows. The 6,300 sqft lot features a beautifully landscaped backyard, hot tub with gazebo, and manicured lawns, perfect for entertaining. With excellent curb appeal and a two-car garage, this move-in-ready home is an entertainer’s dream!

Price History

Date
Event
Price
02/14/22
Sold
$800,000
Condition Rating
Excellent

Despite being built in 1941, this property has undergone an extensive and recent renovation, completed less than two years ago. The description highlights new copper plumbing, updated sewer lines, modernized electrical, enhanced HVAC, and 23 new Milgard windows, indicating all major systems are virtually new. The kitchen features new cabinets, countertops, tile flooring, and stainless steel appliances, while the bathrooms boast custom fixtures, a soaking tub, and oversized showers, all appearing modern and high-quality in the images. Refinished hardwood floors and new light fixtures further contribute to a move-in ready, contemporary aesthetic. The property meets the criteria for 'extensively renovated within 5 years' with all components appearing new or virtually new.
Pros & Cons

Pros

Extensive Recent Renovations: The property has undergone significant upgrades less than two years ago, including new copper plumbing, updated sewer lines, modernized electrical, enhanced HVAC, and 23 new Milgard windows, ensuring a move-in-ready condition with reduced immediate maintenance.
Income Potential & Flexible Living: An additional 939 sqft downstairs unit with a private entrance, kitchenette, bedroom, and bathroom offers excellent potential for guest accommodation or supplementary rental income, enhancing the property's value and versatility.
Modern & Stylish Interiors: The main house features a beautifully renovated custom kitchen, high ceilings, refinished hardwood floors, a stunning bay window, and a luxurious bathroom with custom fixtures, a soaking tub, and an oversized shower, providing a high-end aesthetic.
Desirable Outdoor Living Space: The 6,300 sqft lot boasts a beautifully landscaped backyard, a hot tub with a gazebo, and manicured lawns, creating an ideal setting for entertaining and outdoor relaxation.
Abundant Natural Light: Large Milgard windows throughout the property, including a stunning bay window, ensure ample natural light and serene views, contributing to a bright and inviting atmosphere.

Cons

Unapproved Downstairs Unit Permit: The permit for the downstairs unit is 'submitted and awaiting final approval,' which introduces uncertainty regarding its legal use and could lead to potential delays, additional costs, or required modifications for a buyer.
Significant Valuation Discrepancy: The current list price of $1,320,000 is 27% higher than the estimated property value of $954,809.18, which may pose challenges during appraisal and financing.
Older Core Structure: Despite extensive renovations, the property's original construction year of 1941 means the underlying structure is over 80 years old, which could potentially lead to unforeseen issues or require specialized maintenance in the long term.

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