6719 5th, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath
ACTIVE$600,000$960/sqft
6719 5th, Los Angeles, California 90043
3Beds
1Bath
960Sqft
4,801Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Proximity to Major Venues: Located only 3 miles from major entertainment and sports hubs like SoFi Stadium, Kia Forum, and the Intuit Dome, ensuring high demand and strong potential for value appreciation.
Top Cons:
As-Is Condition: The property is sold 'AS-IS,' indicating that the seller will not undertake any repairs or upgrades, placing the full responsibility and cost of necessary improvements on the buyer.
Compared to the nearby listings
Price:$600.0K vs avg $850.0K ($-250,000)11%
Size:960 sqft vs avg 1,507 sqft5%
Price/sqft:$625 vs avg $62251%
More Insights
Built in 1923 (103 years old).
Condition: Built in 1923, this property is over 100 years old and is explicitly described as a 'light fixer-upper' sold 'AS-IS.' The property analysis highlights 'Older Construction & Potential Updates' for major systems like plumbing, electrical, and HVAC, as well as finishes. The exterior image shows visible signs of age and deferred maintenance, including a worn roof, weathered paint, and aged concrete steps. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards, particularly for the kitchen and bathroom, which are presumed to be significantly outdated and in need of full renovation given the overall condition and age.
Year Built
1923
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
PW26006069
Home ConditionPoor
Features
View-
About this home
3 bedroom, 1 bathroom light fixer-upper. Located only 3 miles from SoFi Stadium, Kia Forum, and the Intuit Dome, the property holds potential for value appreciation. Sold AS-IS, as well as an opportunity for the addition of an ADU.
A
Alan Mayer
Listing Agent
Condition Rating
Poor
Built in 1923, this property is over 100 years old and is explicitly described as a 'light fixer-upper' sold 'AS-IS.' The property analysis highlights 'Older Construction & Potential Updates' for major systems like plumbing, electrical, and HVAC, as well as finishes. The exterior image shows visible signs of age and deferred maintenance, including a worn roof, weathered paint, and aged concrete steps. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards, particularly for the kitchen and bathroom, which are presumed to be significantly outdated and in need of full renovation given the overall condition and age.
Pros & Cons
Pros
Proximity to Major Venues: Located only 3 miles from major entertainment and sports hubs like SoFi Stadium, Kia Forum, and the Intuit Dome, ensuring high demand and strong potential for value appreciation.
ADU Development Opportunity: The property offers a clear opportunity for the addition of an Accessory Dwelling Unit (ADU), which can significantly enhance property value and generate rental income.
Investment/Value-Add Potential: Described as a 'light fixer-upper,' this property presents an excellent opportunity for buyers to invest sweat equity, customize to their taste, and significantly increase its market value.
Strategic Los Angeles Location: Situated in Los Angeles, a highly desirable and competitive real estate market, offering inherent long-term appreciation and robust demand.
Accessible Price Point: Listed at $600,000, this property represents a competitive and relatively accessible entry point for a single-family home in the Los Angeles area, appealing to a broad range of buyers and investors.
Cons
As-Is Condition: The property is sold 'AS-IS,' indicating that the seller will not undertake any repairs or upgrades, placing the full responsibility and cost of necessary improvements on the buyer.
Limited Bathroom Facilities: With only one bathroom for three bedrooms, the property may present functional challenges and inconvenience for families or multiple occupants.
Older Construction & Potential Updates: Built in 1923, the home's age suggests that major systems (plumbing, electrical, HVAC) and finishes may require significant updates and investment to meet modern standards and preferences.