6501 5th, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath
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6501 5th
Los Angeles, California 90043
ACTIVE
CONDITION: POOR
2Beds
1Baths
753Sq Ft
2,406Lot Size
Property Price
LIST PRICE$489,900
EST. MARKET VALUE
$434,285
12% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $489,900—positioned well below the $434,285 Fair Market Value by -12%. While the property is currently priced above the estimated market value, its Fair Condition Rating and 1929 architecture offer a blank canvas for value-add renovations. Located in the Hyde Park area, this asset provides strategic access to SoFi Stadium and major transit hubs. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level project.
Estimated Market Value
$434,285
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 |
|---|---|---|---|---|---|---|
★ 6501 5th Subject 2 bd · 1 ba · 753 sqft · $577 | $489,900* List Price | 2 | 1 | 753 | $577 | - |
A 3120 W 63rd Street Sold 1 bd · 1 ba · 570 sqft · $640 · 0.3 mi | $365,000 | 1 | 1 | 570 | $640 | 0.3 mi |
B 2512 W 60th Street Sold 2 bd · 1 ba · 860 sqft · $500 · 0.3 mi | $430,000 | 2 | 1 | 860 | $500 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1929 (95+ years old) with no mentioned updates to kitchens, baths, or major systems. The listing description uses industry terms for a rehab project ('bring your imagination', 'add personal touches', 'investor opportunity'), indicating the property likely requires significant modernization and repair to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Strategic Location
Situated in the Hyde Park area, the property offers excellent proximity to SoFi Stadium, Inglewood, and Downtown Los Angeles, providing high appeal for commuters and sports enthusiasts.
- Entry-Level Price Point
Listed at $489,900, this home represents a rare and affordable entry into the Los Angeles real estate market, making it highly attractive to first-time buyers and budget-conscious investors.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 753 square feet of living space on a small 2,406 square foot lot, the property offers very limited room for expansion or large-scale outdoor entertaining.
- Low School Ratings
The immediate public schools serving the area have low performance ratings, which may be a significant drawback for families and could impact future resale velocity.
About 6501 5th
**Great Opportunity in an Established Los Angeles Neighborhood!** Welcome to this charming 2-bedroom, 1-bathroom home offering approximately 753 square feet of living space in the desirable Hyde Park area of Los Angeles. Built in 1929, this classic residence offers comfortable living with plenty of potential for buyers looking to add their personal touches and make it their own. The property is in average condition and presents an excellent opportunity for first-time buyers, investors, or those seeking an affordable entry into the Los Angeles real estate market. Conveniently located near shopping, dining, schools, public transportation, and major freeways, with easy access to SoFi Stadium, Inglewood, Downtown Los Angeles, and surrounding communities. Whether you're looking for a primary residence or an investment property, this home offers possibilities for the right buyer. Bring your imagination and discover the potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 2,406 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
Los Angeles Unified Schools
Yes Academy
Grades K-5 • 0.2 mi
2/10
Fifty-Ninth Street Elementary School
Grades K-5 • 0.4 mi
2/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.7 mi
3/10
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 | 753 | 1,670.836 |
| Lot Size | 2,406 | 6,152.156 |
| Price | $489.9K | $1.34M |
| Price per sq ft | $651 | $807 |
| Built year | 1929 | 1941 |
| HOA | $0 | $238 |
| Days on market | 2 | 56 |
Pricing History
Listed for Sale
Nov 7, 2026
$489,900
Initial Listing