
Los Angeles, California 90043
This 1924 residence represents a High-Potential Investment Opportunity, listed at a List Price of $515,000—positioned well above the $485,589 Fair Market Value by -6%. With a Condition Rating of 6, the property requires significant structural remediation, making it a classic tear-down or full-gut renovation project. The 4,801 sqft lot and detached one-car garage provide a functional footprint for development. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive value-add strategy in the Park Mesa Heights neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5930 6th Ave Subject 2 bd · 1 ba · 991 sqft · $490 | $515,000* List Price | 2 | 1 | 991 | $490 | - |
A 7032 2nd Ave Sold 2 bd · 2 ba · 1,209 sqft · $471 · 0.8 mi | $570,000 | 2 | 2 | 1,209 | $471 | 0.8 mi |
B 6534 4th Active 2 bd · 1 ba · 936 sqft · $641 · 0.4 mi | $599,999 List Price | 2 | 1 | 936 | $641 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1924 (100 years old) with no evidence of renovation. The exterior shows severe neglect, including a failing roof, peeling paint, and overgrown grounds. Based on the age exceeding 50 years without updates and the visible structural deterioration, it meets the criteria for a tear-down/land-value-only property.
High School: Middle College High School (9/10).
The property features a detached one-car garage plus three additional driveway spaces, providing rare and convenient off-street parking for up to four vehicles in a dense urban area.
Priced competitively at $515,000, this 1924 residence offers a solid foundation for buyers looking to build equity through personalization and modern upgrades in an established neighborhood.
The assigned local public schools currently hold low performance ratings, with most nearby elementary and middle schools rated a 2 out of 10, which may impact long-term desirability for families.
With under 1,000 square feet of living space and only one bathroom, the home's layout may feel restrictive for growing households or those requiring a dedicated home office.
Welcome to 5930 6th Ave, a charming 1924 residence offering timeless character and everyday functionality in the established Park Mesa Heights neighborhood of Los Angeles. This 2-bedroom, 1-bathroom home features approximately 991 square feet of living space, providing a comfortable layout with plenty of potential to make it your own. A detached one-car garage plus three additional driveway parking spaces offers exceptional everyday convenience. Enjoy a location near neighborhood parks, local shops, dining, and everyday essentials, with convenient access to surrounding South Los Angeles communities and major thoroughfares. Whether you're looking for a place to call home or an opportunity to personalize and build equity, this property offers a wonderful foundation in a well-established residential neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 991 | 1,670.836 |
| Lot Size | 4,801 | 6,152.156 |
| Price | $515.0K | $1.34M |
| Price per sq ft | $520 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 25 | 56 |
Oct 15, 2026
$515,000
Initial Listing