5946 Great Oak Circle, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
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5946 Great Oak Circle
Los Angeles, California 90042
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
988Sq Ft
5,627Lot Size
Property Price
LIST PRICE$831,000
EST. MARKET VALUE
$858,775
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $831,000—positioned well below the $858,776 Fair Market Value by 3%. This valuation gap offers $27,776 in Instant Equity for buyers. Featuring a Fair Condition Rating and a Generous 5,627 sqft Lot, the home requires modernization of its century-old infrastructure. Its prime Highland Park location and rapid market absorption signal strong demand. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Estimated Market Value
$858,775+$27,775 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5946 Great Oak Circle Subject 2 bd · 1 ba · 988 sqft · $869 | $831,000* List Price | 2 | 1 | 988 | $869 | - |
A 6071 Delphi Street Sold 2 bd · 1 ba · 935 sqft · $959 · 0.2 mi | $896,500 | 2 | 1 | 935 | $959 | 0.2 mi |
B 1418 N Avenue 55 Sold 2 bd · 1 ba · 1,042 sqft · $955 · 0.6 mi | $995,000 | 2 | 1 | 1,042 | $955 | 0.6 mi |
C 930 N Avenue 63 Sold 2 bd · 1 ba · 1,035 sqft · $1,014 · 0.6 mi | $1,050,000 | 2 | 1 | 1,035 | $1,014 | 0.6 mi |
D 6214 Oak Crest Way Sold 3 bd · 2 ba · 1,219 sqft · $816 · 0.3 mi | $995,000 | 3 | 2 | 1,219 | $816 | 0.3 mi |
E 6111 Hillandale Dr Active 2 bd · 1 ba · 988 sqft · $911 · 0.2 mi | $900,000 List Price | 2 | 1 | 988 | $911 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1925, this property is nearly a century old and shows significant signs of age. The exterior features dated materials and visible cracking in the masonry retaining wall. While the 'Active Under Contract' status suggests it is habitable, the age and exterior condition indicate that the kitchen, bathroom, and core systems (HVAC/Electric) likely exceed the 20-year threshold and require modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Highland Park Location
Situated in the highly sought-after 90042 zip code, this property offers excellent proximity to the vibrant dining, shopping, and cultural amenities that make Highland Park one of LA's most desirable neighborhoods.
- Generous Lot Size
The 5,627 square foot lot provides significant outdoor space and potential for future expansion or the addition of an ADU, offering a rare opportunity to increase the property's utility and value.
- High Market Liquidity
Moving to 'Active Under Contract' status within just one day on the market demonstrates exceptional demand and strong resale potential for this specific price point and property type.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 988 square feet with only one bathroom, the home's small footprint may be a significant constraint for modern families or buyers requiring more functional living area.
- Century-Old Infrastructure
Built in 1925, the property likely requires substantial maintenance or capital improvements to modernize aging electrical, plumbing, and structural systems to meet contemporary standards.
About 5946 Great Oak Circle
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 5,627 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 988 | 1,670.836 |
| Lot Size | 5,627 | 6,152.156 |
| Price | $831.0K | $1.34M |
| Price per sq ft | $841 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Pricing History
Listed for Sale
Oct 12, 2026
$831,000
Initial Listing