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5040 Cavanagh Rd, Los Angeles, CA 90032

Sale Price: $510,000
Sep 29, 2024624 sqft2 beds1 baths
Listed by: Amy Hlad
License #: 01967236
Phone #: 949-996-7375
Engel & Voelkers Newport Beach
Source:
CRMLS Logo
MLS #: OC24200744

Property Description

Discover an exceptional opportunity in the highly desirable neighborhood of University Hills in East Los Angeles. This fixer-upper sits on a generous 4,813 sq ft multi-level lot, providing the perfect canvas to bring your dream home to life. With an 861 sq ft interior featuring 3 bedrooms and 1 bathroom, this property offers plenty of potential for expansion and customization. The front and back yards, dotted with mature fruit trees and boasting picturesque city and hillside views, create an inviting space for outdoor entertaining and relaxation. Imagine the possibilities of transforming this hidden gem into your ideal living space! Located in a prime location, this property offers convenient access to Cal State Los Angeles, Pasadena, Downtown LA, trendy local eateries, shopping, and major Southern California freeways. Seize this rare opportunity to invest in a property brimming with promise, in one of LA’s most up-and-coming neighborhoods.    Sale is subject to CA Civil Code 2924m/o.
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.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,302

TurboHome Estimated Value

$507,900

$814 sqft

High Valuation
$533,295
$855/sqft
Normal Valuation
$507,900
$814/sqft
Low Valuation
$482,505
$773/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$814/sqft$507,900

Neighborhood: El Sereno

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Comparative Value

$423K

$444K

$478K

$510K

$529K

$695K

5518 Dobbs St 10, Los Angeles, CA 90032

Sale Price: $422,900

Selected Comparable

5500 Dobbs St 8, Los Angeles, CA 90032

Sale Price: $443,800

Selected Comparable

2307 Lillyvale Ave 168, Los Angeles, CA 90032

Sale Price: $478,000

Selected Comparable

5040 Cavanagh Rd, Los Angeles, CA 90032

Sale Price: $510,000

Selected Comparable

5040 Cavanagh Rd, Los Angeles, CA 90032

List Price: $529,000

Subject Property

5023 O Sullivan Dr, Los Angeles, CA 90032

Sale Price: $695,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5040 Cavanagh Rd, Los Angeles, CA 90032

5040 Cavanagh Rd, Los Angeles, CA 90032

List: $529,000

Listed: 9/29/2024

Area:624 sqft
Price/sqft:$848
Beds:2
Baths:1
Year Built:—
Lot Size:4,813

Comparable Properties

COMPARABLE
Choose comps
5040 Cavanagh Rd, Los Angeles, CA 90032

5040 Cavanagh Rd, Los Angeles, CA 90032

Sale: $510,000

3/5/2025 • 0.00 mi

Area:624 sqft
Price/sqft:$817
Beds:2
Baths:1
Year Built:—
Weight:22.3%
5023 O Sullivan Dr, Los Angeles, CA 90032

5023 O Sullivan Dr, Los Angeles, CA 90032

Sale: $695,000

2/25/2025 • 0.06 mi

Area:676 sqft
Price/sqft:$1,028
Beds:2
Baths:1
Year Built:—
Weight:20.8%
2307 Lillyvale Ave 168, Los Angeles, CA 90032

2307 Lillyvale Ave 168, Los Angeles, CA 90032

Sale: $478,000

6/18/2025 • 0.60 mi

Area:733 sqft
Price/sqft:$652
Beds:2
Baths:1
Year Built:—
Weight:19.5%
5518 Dobbs St 10, Los Angeles, CA 90032

5518 Dobbs St 10, Los Angeles, CA 90032

Sale: $422,900

5/5/2025 • 0.70 mi

Area:733 sqft
Price/sqft:$577
Beds:2
Baths:1
Year Built:—
Weight:19.0%
5500 Dobbs St 8, Los Angeles, CA 90032

5500 Dobbs St 8, Los Angeles, CA 90032

Sale: $443,800

3/10/2025 • 0.70 mi

Area:733 sqft
Price/sqft:$605
Beds:2
Baths:1
Year Built:—
Weight:18.3%

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