5955 S Van Ness Avenue, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath

5955 S Van Ness Avenue, Los Angeles, California 90047 home-pic-0
ACTIVE$798,000
5955 S Van Ness Avenue, Los Angeles, California 90047
2Beds
1Bath
1,600Sqft
1,500Lot
Year Built
2025
Close
-
List price
$798K
Original List price
$849K
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
PF25141840
Home ConditionExcellent
Features
Good View: None
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $798.0K(42th), sqft - 1600(5th), beds - 2(89th), baths - 1(89th).

Stunning New Construction Duplex in Park Mesa Heights. Upon completion, this newly built duplex will consist of two 800 sqft units, each with 2 beds and 2 baths. Here's your chance to have a turnkey new-construction property for less than the cost of an old one with deferred maintenance!  Located in one of the most rapidly improving areas in all of Los Angeles, this property is only minutes away from major entertainment venues such as Sofi Stadium, Intuit Dome, Hollywood Park Casino, and NFL Headquarters. Lot can be purchased independently, or sellers can complete the installation of a 1600 sqft duplex utilizing Cutting Edge Modular, a builder of high-performing, semi-custom homes and multi -family projects at reasonable prices. Finished homes can include hard wood floors, quartz counters, stainless steel appliances, solar panels and more. Rental comps, plans, and more info available for review. Seller can also help arrange construction financing.

Price History

Date
Event
Price
02/24/20
Sold
$545,000
07/23/19
Sold
$400,000
06/19/98
Sold
$80,000
Condition Rating
Excellent

The property is new construction (built in 2025). The description mentions features like hardwood floors, quartz counters, and stainless steel appliances. The images show a modern kitchen and overall new construction quality. Therefore, the condition is excellent.
Pros & Cons

Pros

New Construction: Turnkey new construction property, minimizing immediate maintenance concerns.
Income Potential: Duplex configuration provides immediate rental income opportunities.
Location: Located in a rapidly improving area of Los Angeles, near major entertainment venues.
Modern Amenities: Finished homes can include hardwood floors, quartz counters, and stainless steel appliances.
Potential for Customization: Semi-custom build allows for some personalization of finishes and features.

Cons

Construction Dependent: The finished product is dependent on the completion of construction, which may involve potential delays or unforeseen issues.
Limited Lot Size: Relatively small lot size of 1500 sqft may limit outdoor space and future expansion possibilities.
Reduced Price: Price reduction from original list price may indicate market concerns or perceived value issues.

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