6055 7th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
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6055 7th Avenue
Los Angeles, California 90043
ACTIVE
CONDITION: GOOD
3Beds
2Baths
988Sq Ft
3,201Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$625,459
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $645,000—positioned well above the $625,460 Fair Market Value by 3%. While priced slightly above market, the property maintains a Condition Rating of 3 following a major 2013 permitted renovation. The Versatile Layout includes a rear bedroom with a private entrance, offering potential for rental income. Located near Yes Academy and Fifty-Ninth Street Elementary, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, FHA-approved asset.
Estimated Market Value
$625,459
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 |
|---|---|---|---|---|---|---|
★ 6055 7th Avenue Subject 3 bd · 2 ba · 988 sqft · $633 | $645,000* List Price | 3 | 2 | 988 | $633 | - |
A 6001 4th Avenue Sold 3 bd · 2 ba · 980 sqft · $673 · 0.2 mi | $660,000 | 3 | 2 | 980 | $673 | 0.2 mi |
B 3123 Hyde Park Boulevard Active 3 bd · 2 ba · 1,147 sqft · $593 · 0.3 mi | $680,000 List Price | 3 | 2 | 1,147 | $593 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property underwent a major permitted renovation in 2013, making the updates approximately 13 years old. Being FHA approved indicates that the primary systems (HVAC, Electric, Plumbing) and roof meet safety standards. The interior features modern laminate flooring and a functional layout that is move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Permitted Renovations
The property underwent a major permitted renovation in 2013, providing updated infrastructure and modern finishes that offer significant value and peace of mind for a home of this vintage.
- FHA Financing Eligibility
Being FHA approved makes this residence an excellent entry-level opportunity for first-time homebuyers, allowing for more accessible financing options in a competitive market.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At just 988 square feet for a three-bedroom home, the interior layout may feel cramped, particularly in the common living areas and bedroom sizes.
- Low School Ratings
The local public schools are currently rated poorly, which may deter families with school-aged children and could limit the property's long-term appreciation potential.
About 6055 7th Avenue
Click on Virtual Tour/Video for more details. Major Renovation done in 2013 (all permitted). Quiet street, a lot of street parking around. Private backyard, with lime tree and grill Detached 1-car garage, with long driveway. Rear bedroom private entrance from back. Seller willing to assist with some modifications to property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 3,201 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Yes Academy
Grades K-5 • 0.3 mi
2/10
Fifty-Ninth Street Elementary School
Grades K-5 • 0.3 mi
2/10
Angeles Mesa Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 988 | 1,670.836 |
| Lot Size | 3,201 | 6,152.156 |
| Price | $645.0K | $1.34M |
| Price per sq ft | $653 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 80 | 56 |
Pricing History
Listed for Sale
Oct 20, 2026
$645,000
$650,000
-1% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$650,000
Initial Listing
Sold
Jan 2, 2013
$151,500
Public Record