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5115 West Blvd, Los Angeles, CA 90043

List Price: $1,995,000On Market FlagOn market
Jul 7, 20254,236 sqft6 beds5 baths
Listed by: Natalia Castro
License #: 02124144
Phone #: 424-230-3700
The Agency
Source:
CRMLS Logo
MLS #: OC25151054

Property Description

RARE OPPORTUNITY: Discover this exceptional View Park property featuring three distinct living spaces on one generously sized lot. With multiple income potential and SB9 eligibility, this unique compound offers unparalleled versatility for savvy investors and homeowners alike. The stunning main residence boasts 3,210 sq ft of sophisticated open-concept living with 5 beds and 2.5 baths, blending contemporary design with practical luxury. Seamlessly connected yet completely private, the 486 sq ft 1 bed 1 bath Jr ADU features its own entrance, yard, and deck. Despite its efficient footprint, the open layout creates a surprisingly spacious feel. This space comes fully permitted for Airbnb rental, offering immediate short-term rental potential. Lastly, privately fenced and set discreetly at the rear of the property with its own walkway and expansive yard, the 540 sq ft guest house offers complete privacy with 1 bed and 1 bath. This section of the property is eligible for SB9 lot splitting, allowing you to potentially create a separate parcel with its own address. Currently generating $24,000 in annual passive income, this turnkey rental can continue with the existing tenant or be vacated before closing—the choice is yours! This exceptional property opens a world of possibilities: continue the existing rental arrangement with immediate income, utilize the Airbnb permit already in place, create the perfect multi-family living situation, or explore the SB9 option to split into two separate parcels, potentially doubling your investment value. Live in luxury while generating substantial passive income. The versatility of this View Park compound represents a truly exceptional opportunity in today's real estate market. Don't miss your chance to own this one-of-a-kind property where luxury living meets smart investing. Additional features include paid-off solar panels, a Type 2 EV charger, and a Vivint security system, ensuring sustainability, convenience, and peace of mind.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$28,791

TurboHome Estimated Value

$1,957,200

$462 sqft

High Valuation
$2,055,060
$485/sqft
Normal Valuation
$1,957,200
$462/sqft
Low Valuation
$1,859,340
$439/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$462/sqft$1,957,200

Neighborhood: Hyde Park

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Comparative Value

$2.00M

$2.38M

$2.42M

5115 West Blvd, Los Angeles, CA 90043

List Price: $1,995,000

Subject Property

4564 Don Milagro Dr, Los Angeles, CA 90008

Sale Price: $2,380,000

Selected Comparable

5357 Brynhurst Ave, Los Angeles, CA 90043

Sale Price: $2,400,000

Selected Comparable

4946 Parkglen Ave, View Park, CA 90043

Sale Price: $2,425,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5115 West Blvd, Los Angeles, CA 90043

5115 West Blvd, Los Angeles, CA 90043

List: $1,995,000

Listed: 7/7/2025

Area:4,236 sqft
Price/sqft:$471
Beds:6
Baths:5
Year Built:
Lot Size:10,423

Comparable Properties

COMPARABLE
Choose comps
5357 Brynhurst Ave, Los Angeles, CA 90043

5357 Brynhurst Ave, Los Angeles, CA 90043

Sale: $2,400,000

6/3/20250.24 mi

Area:3,800 sqft
Price/sqft:$632
Beds:6
Baths:4
Year Built:
Weight:39.8%
4946 Parkglen Ave, View Park, CA 90043

4946 Parkglen Ave, View Park, CA 90043

Sale: $2,425,000

8/27/20240.89 mi

Area:5,069 sqft
Price/sqft:$478
Beds:6
Baths:6
Year Built:
Weight:30.1%
4564 Don Milagro Dr, Los Angeles, CA 90008

4564 Don Milagro Dr, Los Angeles, CA 90008

Sale: $2,380,000

7/16/20251.33 mi

Area:4,578 sqft
Price/sqft:$520
Beds:5
Baths:4
Year Built:
Weight:30.1%

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