5941 4th, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 3 bath
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Los Angeles, California 90043
This Single Family Residence represents a Strong Value Opportunity, listed at $750,000—positioned well below the $797,328 Fair Market Value by 5%. This valuation gap offers $47,328 in Instant Equity. Featuring a Main Floor Primary Suite and a Granite Kitchen, the property holds a Condition Rating of 4, requiring cosmetic updates. The unpermitted guest unit provides significant income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5941 4th Subject | $750,000* List Price | 3 | 3 | 1,753 | $455 | - |
A 5934 Madden Sold | $599,000 | 3 | 2 | 1,392 | $430 | 0.2 mi |
B 6316 8th Avenue Sold | $610,000 | 3 | 2 | 1,402 | $435 | 0.4 mi |
C 3630 W 61st Sold | $830,000 | 3 | 2 | 1,736 | $478 | 0.8 mi |
D 3659 W 63rd Sold | $720,000 | 3 | 2 | 1,749 | $412 | 0.9 mi |
E 6616 S Victoria Sold | $530,000 | 3 | 1 | 1,314 | $403 | 0.8 mi |
F 6608 Arlington Avenue Active Under Contract | $769,000 List Price | 3 | 3 | 1,732 | $444 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1922, the property features kitchen and bathroom updates that appear to be over 20 years old. While the home includes functional systems like central HVAC and granite countertops, the interior shows significant cosmetic wear, dated oak cabinetry, and worn flooring, indicating a need for modern updates and minor repairs.
Situated in Park Mesa Heights near the new Metro Line and major entertainment hubs like SoFi Stadium and the Intuit Dome, offering excellent accessibility and long-term appreciation potential.
The property includes an additional room and full bathroom attached to the garage, providing a versatile space for a guest suite, home office, or potential rental income opportunities.
Features a rare main-floor primary suite equipped with a walk-in closet and a full bathroom featuring a jetted tub and separate shower, adding significant functional appeal and comfort.
The additional room and bathroom attached to the garage are unpermitted, which may present challenges with appraisals, financing, or future building code compliance.
The property is being sold in 'as-is' condition, implying that the buyer will likely need to budget for immediate repairs or updates typical of a home built in 1922.
Great opportunity for homeowners, developers, or investors. This 3-bedroom, 2.5-bathroom home (plus room w/full bathroom addition (unpermitted) attached to detached garage) in Park Mesa Heights, Los Angeles combines charm with practicality. Located in a quiet residential neighborhood and just around the corner from the new Metro Line, parks, schools, shopping, and major freeways. Key Highlights: The MAIN FLOOR PRIMARY SUITE w/walk-in closet and FULL BATHROOM features a jetted tub AND walk-in stand up shower. The main floor features a spacious living room w/hardwood floors and a cozy fireplace, an adjacent dining room, and the kitchen comes with granite countertops and includes the refrigerator and washer/dryer. Upstairs 2 additional good-sized bedrooms share a hallway full bathroom. The home also features central heating and A/C. There is a room + full bathroom (unpermitted) that is attached to the back of the single-car garage, creating an ideal setup for a private guest unit or additional rental income. The single-car garage currently being used for storage. The property features a long gated driveway, leading to a spacious backyard that offers room for gatherings, play or flexibility to expand. Conveniently located near: 59th St. Elementary, and beloved local spots such as: Hilltop Coffee, Simply Wholesome Restaurant, Jon & Vinny's, Kenneth Hahn Park and local hiking trails. It's approx. 11 minutes from key entertainment venues including the KIA Forum, SoFi Stadium, Intuit Dome, YouTube Theater, BMO Stadium, and USC Campus, with quick access to the 90, 110 and 405 Fwys - and approx 15 minutes to LAX, Culver City, Playa Vista and DTLA. ** The property is being sold AS-IS **
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,753 | 1,593 | 62% |
| Lot Size | 4,798 | 6,113.5 | 10% |
| Price | $750.0K | $870.0K | 29% |
| Price per sq ft | $428 | $597 | 10% |
| Built year | 1922 | 1927 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 150 | 2% |
May 16, 2026
$750,000
Initial Listing