5747 3rd Ave, Los Angeles, CA 90043 - View 1
5747 3rd Ave, Los Angeles, CA 90043 - View 2
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5747 3rd Ave, Los Angeles, CA 90043 - View 4
5747 3rd Ave, Los Angeles, CA 90043 - View 5
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5747 3rd Ave, Los Angeles, CA 90043

List Price: $510,000On Market FlagOn market
Jun 9, 20252,093 sqft4 beds2 baths
Listed by: Robert Pitts
License #: 00917764
Phone #: 310-915-6500
Robert Pitts Estates
Source:
CRMLS Logo
MLS #: 25549983

Property Description

This property presents a remarkable investment opportunity in one of Los Angeles sought-after neighborhoods in the avenues. Featuring 4 bedrooms and 1 bath, it also has a permitted but not yet finalized (ADU), adding significant value and versatility to the property. Additionally, the garage offers potential for conversion into another ADU, enhancing the income-generating possibilities. With multiple avenues for expansion and improvement, this property is a prime candidate for savvy investors looking to capitalize. Don't miss out on the chance to transform this property into a lucrative investment! Tenant Occupied. Seller is looking for a quick non contingent closing.
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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

$7,563

TurboHome Estimated Value

$507,100

$242 sqft

High Valuation
$532,455
$254/sqft
Normal Valuation
$507,100
$242/sqft
Low Valuation
$481,745
$230/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$242/sqft$507,100

Neighborhood: Hyde Park

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Comparative Value

$480K

$510K

$625K

$673K

$689K

4627 Cimarron St, Los Angeles, CA 90062

Sale Price: $480,000

Selected Comparable

5747 3rd Ave, Los Angeles, CA 90043

List Price: $510,000

Subject Property

1201 W 54th St, Los Angeles, CA 90037

Sale Price: $510,000

Selected Comparable

5422 Ruthelen St, Los Angeles, CA 90062

Sale Price: $625,000

Selected Comparable

7400 S Hobart Blvd, Los Angeles, CA 90047

Sale Price: $672,500

Selected Comparable

2047 W Florence Ave, Los Angeles, CA 90047

Sale Price: $689,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5747 3rd Ave, Los Angeles, CA 90043

5747 3rd Ave, Los Angeles, CA 90043

List: $510,000

Listed: 6/9/2025

Area:2,093 sqft
Price/sqft:$244
Beds:4
Baths:2
Year Built:
Lot Size:5,405

Comparable Properties

COMPARABLE
Choose comps
4627 Cimarron St, Los Angeles, CA 90062

4627 Cimarron St, Los Angeles, CA 90062

Sale: $480,000

4/30/20250.83 mi

Area:2,094 sqft
Price/sqft:$229
Beds:4
Baths:2
Year Built:
Weight:24.4%
2047 W Florence Ave, Los Angeles, CA 90047

2047 W Florence Ave, Los Angeles, CA 90047

Sale: $689,000

3/25/20251.07 mi

Area:2,090 sqft
Price/sqft:$330
Beds:4
Baths:3
Year Built:
Weight:20.7%
5422 Ruthelen St, Los Angeles, CA 90062

5422 Ruthelen St, Los Angeles, CA 90062

Sale: $625,000

4/3/20250.52 mi

Area:2,372 sqft
Price/sqft:$263
Beds:4
Baths:3
Year Built:
Weight:19.6%
7400 S Hobart Blvd, Los Angeles, CA 90047

7400 S Hobart Blvd, Los Angeles, CA 90047

Sale: $672,500

4/29/20251.39 mi

Area:1,948 sqft
Price/sqft:$345
Beds:3
Baths:2
Year Built:
Weight:18.2%
1201 W 54th St, Los Angeles, CA 90037

1201 W 54th St, Los Angeles, CA 90037

Sale: $510,000

2/19/20251.44 mi

Area:1,894 sqft
Price/sqft:$269
Beds:3
Baths:2
Year Built:
Weight:17.2%

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