
Los Angeles, California 90043
This property presents a High-Potential Investment Opportunity with a List Price of $1,530,000—positioned well below the $1,573,224 Fair Market Value by 2%. This valuation gap offers $43,224 in Instant Equity for buyers prepared to execute a restoration. Featuring a Fair Condition Rating, the home offers significant upside through the renovation of its 2,681 sqft floor plan, detached bonus room, and basement. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project with captivating city views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5975 S Citrus Avenue Subject 3 bd · 4 ba · 2,681 sqft · $578 | $1,530,000* List Price | 3 | 4 | 2,681 | $578 | - |
A 5138 Southridge Active 3 bd · 3 ba · 2,717 sqft · $552 · 0.8 mi | $1,499,999 List Price | 3 | 3 | 2,717 | $552 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 and described as a 'restoration' project, this property is over 80 years old with no evidence of recent renovations. The listing's mention of needing 'TLC' and 'modern comforts' indicates that the kitchen, bathrooms, and core systems (HVAC/Electric) likely require a full rehab to meet current standards.
Built in 1938, this home features original hardwood floors, preserved architectural detailing, and two fireplaces, offering a rare 'designer's dream' canvas for a high-end restoration.
Situated on a large 8,756 sqft corner lot, the property provides captivating west-facing skyline and city light views from both the private red-brick courtyard and the upper-level balcony.
The generous 2,681 sqft floor plan is augmented by a detached exterior bonus room and a large basement, providing significant flexibility for a home office, creative studio, or additional storage.
The property is noted as needing 'thoughtful restoration' and 'TLC,' implying that buyers will need to budget for significant immediate updates to modernize the home's systems and finishes.
The majority of the assigned public schools for this location carry low ratings (ranging from 1 to 3), which may be a deterrent for families prioritizing local educational performance.
LARGE CORNER LOT WITH CAPTIVATING WEST-FACING VISTAS BRING YOUR OFFERS!!! Beautiful skyline views from both the red-brick courtyard and upper-level balcony. Approximately 2,681 square feet, 3 bedrooms and 4 bathrooms, along with the character and craftsmanship that make vintage homes so special. This home also features an exterior detached bonus room in the rear and large basement for extra space. Inside, original hardwood floors and preserved architectural detailing provide a beautiful foundation for thoughtful restoration. Two fireplaces bring warmth and distinction to the living spaces, while the upstairs den offers additional room for relaxing, working or creating a private retreat. Generously proportioned rooms and an inviting floor plan reflect the elegance of the home's original design.This is a designer's dream not a home in total disrepair, ready for fresh vision, thoughtful updates and a little TLC. Much of what makes the home remarkable remains in place, offering the next owner an opportunity to restore its original beauty while introducing personal style and modern comforts.Imagine morning coffee in the red-brick courtyard, evenings overlooking the western skyline from the balcony and beautifully renewed interiors that honor the home's distinctive 1938 character. SEE AGENT REMARKS
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,681 | 1,670.836 |
| Lot Size | 8,756 | 6,152.156 |
| Price | $1.53M | $1.34M |
| Price per sq ft | $571 | $807 |
| Built year | 1938 | 1941 |
| HOA | $0 | $238 |
| Days on market | 59 | 56 |
Sep 11, 2026
$1,530,000
Initial Listing