5413 Homeside Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 6 bed, 5 bath

5413 Homeside Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$1,549,000
5413 Homeside Avenue, Los Angeles, California 90016
6Beds
5Baths
2,416Sqft
4,800Lot
Year Built
1929
Close
-
List price
$1.55M
Original List price
$1.57M
Price/Sqft
$641
HOA
-
Days on market
-
Sold On
-
MLS number
25495299
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.55M(84th), sqft - 2416(94th), beds - 6(94th), baths - 5(99th).

Beautiful Modern home with attached ADU located on a generous lot in the heart of West Adams. The beautifully renovated 4-bedroom, 3-bathroom main house (1616 sq. ft.) and 2-bedroom, 2-bathroom ADU (800 sq. ft.) offers modern living with incredible rental income potential. Nestled in one of LA's hottest neighborhoods, this beautifully renovated and gated single-family home seamlessly blends modern elegance with functional living. The main residence spans an open-concept layout and boasts a chef's kitchen with brand-new stainless steel appliances, ample cabinetry, and a spacious island perfect for entertaining. The primary suite offers a generous walk-in closet, abundant natural light, and direct backyard access. A large laundry room and a private backyard designed for relaxation and gatherings complete the main home. Adding incredible value, the permitted two-story ADU offers 2-bedrooms, 2- bathrooms, a full kitchen, and in-unit laundry hookups. It also has a separate entrance and mailing address, making it ideal for rental income or multi-generational living. This fully upgraded property includes a new roof, two new water heaters, new HVAC systems, upgraded electrical and plumbing, new sewer lines, insulation, and more. Live in one unit and rent out the other, or maximize income potential in this thriving neighborhood!

Nearby schools

6/10
Marvin Elementary School
Public,K-50.4mi
6/10
Baldwin Hills Elementary School
Public,K-50.4mi
5/10
Cienega Elementary School
Public,K-50.6mi
5/10
Virginia Road Elementary School
Public,K-51.3mi
4/10
Alta Loma Elementary School
Public,K-51.7mi
3/10
Sixth Avenue Elementary School
Public,K-52.2mi
3/10
Arlington Heights Elementary School
Public,K-52.4mi
2/10
Audubon Middle School
Public,6-82.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.3mi
3/10
Daniel Webster Middle School
Public,6-84.2mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.0mi
6/10
Alexander Hamilton Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
08/03/23
Sold
$940,000
09/07/12
Sold
$275,000
Condition Rating
Excellent

Despite being built in 1929, this property has undergone a comprehensive and recent renovation, effectively making it a new home. The description explicitly states 'fully upgraded property includes a new roof, two new water heaters, new HVAC systems, upgraded electrical and plumbing, new sewer lines, insulation, and more.' Both the main house and the ADU feature modern, chef-style kitchens with brand-new stainless steel appliances, white shaker cabinets, and light quartz countertops, as seen in the images. The flooring is a consistent light wood-look, and lighting is recessed throughout, contributing to a contemporary aesthetic. All major systems are new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Income-Generating ADU: A fully permitted, two-story ADU with separate entrance, full kitchen, and laundry hookups provides significant rental income potential or multi-generational living flexibility.
Extensive Modern Renovation: The property has undergone comprehensive upgrades including a new roof, two new water heaters, new HVAC systems, upgraded electrical, plumbing, and sewer lines, offering a turn-key modern living experience.
Prime West Adams Location: Situated in the heart of West Adams, one of LA's hottest and rapidly appreciating neighborhoods, offering strong potential for future value growth and access to local amenities.
Modern Chef's Kitchen: The main residence boasts a beautifully renovated, open-concept chef's kitchen with brand-new stainless steel appliances, ample cabinetry, and a spacious island, ideal for entertaining.
Gated & Private Outdoor Space: The property is gated, providing enhanced security, and includes a private backyard designed for relaxation and gatherings.

Cons

Significant Overpricing: The current list price of $1,549,000 is substantially higher than the property's estimated value of $954,254, and also exceeds some comparable sales, suggesting potential overpricing.
Extended Time on Market: With approximately four months on the market since its listing date, this could indicate buyer resistance to the current price point or other perceived issues.
Lack of Scenic Views: The property description explicitly states 'None' for views, which may be a drawback for buyers prioritizing scenic vistas in the Los Angeles market.

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