6240 W 5th Street, Los Angeles, California 90048, Los Angeles, 90048 - 3 bed, 2 bath

6240 W 5th Street, Los Angeles, California 90048 home-pic-0
ACTIVE$2,800,000$2,126/sqft
Est. Value: $2,634,004
-5%
AboveEstimate
6240 W 5th Street, Los Angeles, California 90048
3Beds
2Baths
2,126Sqft
6,100Lot

Price Vs. Estimate

The estimated value ($2,634,004.095) is $165,995.905 (5%) lower than the list price ($2,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Restored Original Features: The property showcases restored original 1920s art deco Spanish features, blending historical charm with modern updates.
Top Cons:
Lot Size: The lot size is relatively small at 6,100 sqft, which may limit outdoor space and expansion possibilities.

Compared to the nearby listings

Price:$2.80M vs avg $2.55M (+$250,000)60%
Size:2,126 sqft vs avg 2,171 sqft49%
Price/sqft:$1.3K vs avg $1.0K84%

More Insights

Built in 1929 (97 years old).
Condition: The property, built in 1929, has been recently restored, blending original art deco Spanish features with modern luxuries. The kitchen boasts top-of-the-line appliances and marble countertops. The primary bathroom features original teal tile and a freestanding shower. The description mentions new HVAC, hardscaping, and a new pool. While the house retains its original charm, the updates and renovations bring it to a 'good' condition, move-in ready with no immediate major renovations required.
Year Built
1929
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
$1,317
HOA
-
Days on market
-
Sold On
-
MLS number
25486025
Home ConditionGood
Features
Good View: Pool, Trees/Woods
Pool
Patio
ViewPool, Trees/Woods

About this home

Ideally situated behind private gates in a quiet neighborhood in the heart of Los Angeles sits this newly restored 3-bedroom, 2-bathroom gem. Shining light on the original 1920s art deco Spanish glory with all the new modern luxuries of today, this 2,126 square foot private compound is truly one of a kind. Welcomed through an original Spanish front door to the turreted formal entry way with oversized coat closet, take in the stunning natural light and soaring domed and archway ceilings throughout. A warm and inviting living room with gas fireplace that leads you to your oversized formal dining room. The brand-new gourmet chef's kitchen has top-of-the-line appliances with double farm sinks, marble countertops, gorgeous tile from the floor all the way up covering the ceiling and opens to a quaint breakfast nook overlooking the front courtyard. The gorgeous primary suite has French doors leading to your backyard that overlooks the pool and includes a walk-in closet and show-stopping bathroom with original tub, freestanding shower and is immersed in stunning original teal tile in its entirety. The backyard includes a brand-new pool with a new heater, covered dining space, and new native plant drought tolerant landscaping. Surrounded in its entirety by a 14' tall ivy-covered wall, adding ample security and privacy, the home has additional upgrades including restored original hardwood-stained mahogany, brand new hardscaping, a new HVAC system with air purifying, and a reverse osmosis water filter throughout. Centrally located with quick access to the 10 freeway, Beverly Hills, the beach and Downtown - this is a home that you do not want to miss!

J
Joshua Altman
Listing Agent

Nearby schools

7/10
Hancock Park Elementary School
Public,K-50.2mi
5/10
Carthay Center Elementary
Public,K-50.7mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.2mi
9/10
West Hollywood Elementary School
Public,K-52.0mi
8/10
Horace Mann Elementary School
Public,K-81.0mi
3/10
Laurel Elementary School
Public,K-81.5mi
7/10
John Burroughs Middle School
Public,6-81.6mi
8/10
Beverly Vista Elementary School
Public,K-81.7mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.1mi
7/10
Fairfax Senior High School
Public,9-121.1mi
9/10
Beverly Hills High School
Public,9-122.7mi

Price History

Date
Event
Price
06/11/97
Sold
$364,000
06/10/94
Sold
$330,000
06/24/14
Sold
$1,400,000
06/21/12
Sold
$1,226,000
06/10/04
Sold
$1,125,000
09/30/03
Sold
$829,000
Condition Rating
Good

The property, built in 1929, has been recently restored, blending original art deco Spanish features with modern luxuries. The kitchen boasts top-of-the-line appliances and marble countertops. The primary bathroom features original teal tile and a freestanding shower. The description mentions new HVAC, hardscaping, and a new pool. While the house retains its original charm, the updates and renovations bring it to a 'good' condition, move-in ready with no immediate major renovations required.
Pros & Cons

Pros

Restored Original Features: The property showcases restored original 1920s art deco Spanish features, blending historical charm with modern updates.
Gourmet Chef's Kitchen: The brand-new gourmet chef's kitchen boasts top-of-the-line appliances, marble countertops, and a quaint breakfast nook.
Private and Secure Compound: The property is situated behind private gates and surrounded by a 14' tall ivy-covered wall, providing ample security and privacy.
New Pool and Landscaping: The backyard features a brand-new pool with a new heater and new native plant drought-tolerant landscaping.
Central Location: The property is centrally located with quick access to the 10 freeway, Beverly Hills, the beach, and Downtown Los Angeles.

Cons

Lot Size: The lot size is relatively small at 6,100 sqft, which may limit outdoor space and expansion possibilities.
Limited Bedrooms: With only 3 bedrooms, the property may not be suitable for larger families or those requiring more living space.
Price Point: The list price of $2.8 million may be a barrier to entry for some buyers, especially considering the size of the home and lot.
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