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5225 W 20th St, Los Angeles, CA 90016

Sale Price: $1,140,000
Nov 4, 20241,264 sqft3 beds1 baths
Listed by: Aaron Mejia
License #: 01896881
Phone #: 562-413-4717
Christie's International Real Estate SoCal
Source:
CRMLS Logo
MLS #: 24459955

Property Description

Investor's Dream in Mid-City Los Angeles! Unleash the potential of this charming Spanish-style 3-bedroom, 1-bathroom home on a spacious 7,490-square-foot lot at 5225 W 20th Street, Los Angeles, CA 90016. Located in the highly sought-after Mid-City neighborhood, this property offers an unparalleled opportunity for savvy investors and developers. Zoned RD1.5, it's ideally suited for those looking to expand, remodel, or build new in an area surrounded by recent developments and revitalization projects. This property sits on a fully fenced and gated lot with a large front yard, porte-cochere, and uncovered parking for 2-3 vehicles behind the gate. The existing home features classic Spanish architecture and an inviting floor plan with a formal living room, formal dining room, and abundant natural light throughout. Situated on a tree-lined street near the 10 Freeway, you'll enjoy quick access to LA's best dining, shopping, and cultural attractions, including Culver City, Miracle Mile, and the West Adams Arts District. With ample space, zoning flexibility, and the potential for an ADU conversion, this property is a fantastic canvas for redevelopment or rental income. Don't miss this chance to bring new life to a classic Spanish home in one of LA's hottest neighborhoods!
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

$17,136

TurboHome Estimated Value

$1,071,200

$847 sqft

High Valuation
$1,124,760
$890/sqft
Normal Valuation
$1,071,200
$847/sqft
Low Valuation
$1,017,640
$805/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$847/sqft$1,071,200

Neighborhood: Mid City

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Comparative Value

$800K

$1000K

$1.13M

$1.26M

2215 S Dunsmuir Ave, Los Angeles, CA 90016

Sale Price: $800,000

Selected Comparable

5225 W 20th St, Los Angeles, CA 90016

List Price: $999,999

Subject Property

2242 S Ridgeley Dr, Los Angeles, CA 90016

Sale Price: $1,000,000

Selected Comparable

1628 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,130,000

Selected Comparable

5225 W 20th St, Los Angeles, CA 90016

Sale Price: $1,140,000

Selected Comparable

1716 S Orange Dr, Los Angeles, CA 90019

Sale Price: $1,260,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5225 W 20th St, Los Angeles, CA 90016

5225 W 20th St, Los Angeles, CA 90016

List: $999,999

Listed: 11/4/2024

Area:1,264 sqft
Price/sqft:$791
Beds:3
Baths:1
Year Built:
Lot Size:7,490

Comparable Properties

COMPARABLE
Choose comps
5225 W 20th St, Los Angeles, CA 90016

5225 W 20th St, Los Angeles, CA 90016

Sale: $1,140,000

1/23/20250.00 mi

Area:1,264 sqft
Price/sqft:$902
Beds:3
Baths:1
Year Built:
Weight:22.5%
1716 S Orange Dr, Los Angeles, CA 90019

1716 S Orange Dr, Los Angeles, CA 90019

Sale: $1,260,000

12/12/20240.43 mi

Area:1,270 sqft
Price/sqft:$992
Beds:3
Baths:1
Year Built:
Weight:21.2%
2215 S Dunsmuir Ave, Los Angeles, CA 90016

2215 S Dunsmuir Ave, Los Angeles, CA 90016

Sale: $800,000

3/14/20250.23 mi

Area:1,260 sqft
Price/sqft:$635
Beds:3
Baths:2
Year Built:
Weight:19.7%
2242 S Ridgeley Dr, Los Angeles, CA 90016

2242 S Ridgeley Dr, Los Angeles, CA 90016

Sale: $1,000,000

5/22/20250.41 mi

Area:1,316 sqft
Price/sqft:$760
Beds:3
Baths:2
Year Built:
Weight:19.4%
1628 S Sycamore Ave, Los Angeles, CA 90019

1628 S Sycamore Ave, Los Angeles, CA 90019

Sale: $1,130,000

9/27/20240.42 mi

Area:1,270 sqft
Price/sqft:$890
Beds:2
Baths:1
Year Built:
Weight:17.2%

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