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5126 Chesley Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 2 bath

5126 Chesley Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,449,000
5126 Chesley Avenue, Los Angeles, California 90043
4Beds
2Baths
2,152Sqft
6,996Lot
Year Built
1938
Close
-
List price
$1.45M
Original List price
$1.5M
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
AR25080222
Home ConditionExcellent
Features
Good View: City Lights
Deck
Pool
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.45M(90th), sqft - 2152(90th), beds - 4(82th), baths - 2(50th).

MAJOR price reduction..rare opportunity to acquire such a special property!! This neighborhood is a hidden gem! Located on a clean quiet street and nestled among beautiful homes in the highly sought after, picture perfect neighborhood adjacent to View Park-Windsor Hills awaits an absolute dream home. With 4-bedrooms, 2-bathrooms PLUS a detached recreation room overlooking a sparkling pool this one checks all the best boxes. Everything has been totally updated with thoughtful, fresh design and attention paid to every detail. Upon entering the main living room you'll discover a cozy fireplace, designer lighting and warm hardwood floors throughout. Three spacious bedrooms, a large laundry room and a bathroom are perfectly appointed in their own quarters on the lower level. Down the hall a great room open concept gathering space reveals a large lounge area, dining and a beautiful and bright chef's kitchen overlooking the spa-like backyard. The entire upper level is dedicated to a romantic and chic primary suite with a custom built walk-in closet, hotel-like en suite bath and a private balcony overlooking city light views and the pool below. The tranquil backyard is like your own awesome resort. Just beyond the kitchen you'll find a custom deck with a built-in bar / lounge area that overlooks a pristine pool, perfect for entertaining, dining al fresco at days end or making family memories in any season. The detached recreation room with a custom bar overlooking the pool has versatility galore and could also become a possible ADU to the property. In addition there is a large covered garage that opens up to the backyard for additional parking. This is the one!

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.6mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.0mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.0mi
2/10
Yes Academy
Public,•K-5•1.1mi
3/10
Windsor Hills Math Science
Public,•K-5•1.2mi
4/10
Centinela Elementary School
Public,•K-6•1.4mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.9mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.1mi
2/10
Audubon Middle School
Public,•6-8•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.5mi
1/10
Horace Mann Junior High School
Public,•6-8•1.9mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.5mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.9mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.3mi
2/10
Inglewood High School
Public,•9-12•2.7mi
2/10
George Washington Preparatory High School
Public,•9-12•4.4mi
9/10
Middle College High School
Public,•9-12•6.8mi

Price History

Date
Event
Price
10/16/23
Sold
$1,175,000
Condition Rating
Excellent
Despite being built in 1938, the property has undergone a complete and extensive renovation, as stated by 'Everything has been totally updated with thoughtful, fresh design and attention paid to every detail.' The images confirm a modern, chef's kitchen with new stainless steel appliances, sleek cabinetry, and contemporary finishes. Bathrooms are 'hotel-like' with updated vanities, tiling, and fixtures. Hardwood floors are present throughout, and designer lighting enhances the modern aesthetic. All visible components appear new or virtually new, meeting current quality standards, indicating a renovation within the last 5 years. The detached recreation room and sparkling pool further enhance its appeal, aligning with the 'excellent' criteria for a recently and thoroughly updated property.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Extensive Modern Renovation: The property has been totally updated with thoughtful, fresh design and attention to every detail, offering a move-in ready experience.
Resort-Style Backyard & Pool: The tranquil backyard features a pristine pool, custom deck with a built-in bar/lounge area, creating an ideal space for entertaining and relaxation.
Versatile Detached Recreation Room: A detached recreation room with a custom bar offers significant versatility, including potential for conversion into an Accessory Dwelling Unit (ADU).
Luxurious Primary Suite with Views: The entire upper level is dedicated to a chic primary suite with a custom walk-in closet, hotel-like en suite bath, and a private balcony overlooking city light views.
Desirable Neighborhood: Located on a clean, quiet street in a highly sought-after, picture-perfect neighborhood adjacent to View Park-Windsor Hills, enhancing its appeal and value.

Cons

Significant Discrepancy in Estimated Value: The current listing price is substantially higher than the automated property estimation, which may indicate potential overpricing relative to market algorithms.
Recent High Price Appreciation: The property's listing price reflects a significant increase since its last sale in October 2023, which could raise questions about its current market value and investment sustainability.
Lack of Central Air Conditioning: Despite extensive updates, the property description does not mention central air conditioning, which is a common and desirable amenity in updated homes in the Los Angeles climate.

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