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6327 5th Ave, Los Angeles, CA 90043

Sale Price: $580,500
Oct 11, 20241,091 sqft2 beds1 baths
Listed by: Christie Thomas
License #: 01793080
Phone #: 323-483-4275
Coldwell Banker Champion Realty
Source:
CRMLS Logo
MLS #: 24447895

Property Description

Discover a gem of an opportunity in LA's well-established Hyde Park neighborhood. Listed for the first time in over 75 years, this spacious 2 bd, 1 ba Spanish-style architectural beauty has been remarkably well-maintained given its age. Perfect for buyers searching for a place to call their very own, remodelers, or fix and flip investors. A quick look around this burgeoning neighborhood will reveal how even a cosmetic interior update would significantly increase the value, while a full remodel with ADU could transform this residence into an equity-rich architectural masterpiece on par with other amazing flips in the area, including its adjourning neighbor. Because this is a probate sale, requiring court confirmation, the property is right priced and positioned to sell quickly. Check out the floor plan included with the photos to visualize the functional layout and versatility of the space. The living room features a fireplace and opens to the dining room. There is carpet throughout with original wood flooring underneath. The two bedrooms are situated on the south side of the home separated by a hallway illuminated by skylight and full bathroom with separate tub and shower. The kitchen is in the rear of the home with a breakfast nook (currently in use as an office) overlooking the expansive backyard. A newer water heater is in the laundry room with washer/dryer hook ups and a door to the backyard. An elegant porte cochere, long driveway, detached garage, and plenty of backyard space makes this property unique. No interior pictures out of respect for privacy of long-time residents who are in the process of moving. Central location is a huge plus! So many great new area amenities are just moments away. Literally steps from the Rail to River Active Transportation Corridor Project newly constructed bike and pedestrian path. Seven blocks from Crenshaw/LAX "K" Line. Minutes to vibrant Edward Vincent Jr. Park and world-class entertainment and sporting venues in nearby Inglewood (SoFi Stadium, YouTube Theater Kia Forum, Intuit Dome). Everything you desire is within reach including LAX, 405 fwy, beach cities, shopping, and more. Don't miss your opportunity to get into this resurgent area at an affordable price. Showings to qualified buyers by appointment only. Reach out TODAY!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,495

TurboHome Estimated Value

$541,500

$496 sqft

High Valuation
$568,575
$521/sqft
Normal Valuation
$541,500
$496/sqft
Low Valuation
$514,425
$472/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$496/sqft$541,500

Neighborhood: Hyde Park

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Comparative Value

$540K

$581K

$650K

$670K

$710K

6315 Madden Ave, Los Angeles, CA 90043

Sale Price: $540,000

Selected Comparable

6327 5th Ave, Los Angeles, CA 90043

Sale Price: $580,500

Selected Comparable

6327 5th Ave, Los Angeles, CA 90043

List Price: $650,000

Subject Property

6210 8th Ave, Los Angeles, CA 90043

Sale Price: $650,000

Selected Comparable

6050 Madden Ave, Los Angeles, CA 90043

Sale Price: $670,000

Selected Comparable

5915 7th Ave, Los Angeles, CA 90043

Sale Price: $710,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6327 5th Ave, Los Angeles, CA 90043

6327 5th Ave, Los Angeles, CA 90043

List: $650,000

Listed: 10/11/2024

Area:1,091 sqft
Price/sqft:$596
Beds:2
Baths:1
Year Built:
Lot Size:4,800

Comparable Properties

COMPARABLE
Choose comps
6327 5th Ave, Los Angeles, CA 90043

6327 5th Ave, Los Angeles, CA 90043

Sale: $580,500

5/20/20250.00 mi

Area:1,091 sqft
Price/sqft:$532
Beds:2
Baths:1
Year Built:
Weight:21.6%
6050 Madden Ave, Los Angeles, CA 90043

6050 Madden Ave, Los Angeles, CA 90043

Sale: $670,000

7/9/20250.18 mi

Area:1,027 sqft
Price/sqft:$652
Beds:2
Baths:1
Year Built:
Weight:21.0%
6210 8th Ave, Los Angeles, CA 90043

6210 8th Ave, Los Angeles, CA 90043

Sale: $650,000

4/11/20250.20 mi

Area:993 sqft
Price/sqft:$655
Beds:2
Baths:1
Year Built:
Weight:19.7%
6315 Madden Ave, Los Angeles, CA 90043

6315 Madden Ave, Los Angeles, CA 90043

Sale: $540,000

7/30/20250.17 mi

Area:1,148 sqft
Price/sqft:$470
Beds:2
Baths:2
Year Built:
Weight:19.1%
5915 7th Ave, Los Angeles, CA 90043

5915 7th Ave, Los Angeles, CA 90043

Sale: $710,000

11/4/20240.34 mi

Area:1,028 sqft
Price/sqft:$691
Beds:2
Baths:1
Year Built:
Weight:18.6%

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