5419 S Harcourt Avenue, Los Angeles, California 90043, Los Angeles, 90043 - bed, bath

5419 S Harcourt Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,097,000
5419 S Harcourt Avenue, Los Angeles, California 90043
0Bed
0Bath
1,836Sqft
6,913Lot
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$597
HOA
-
Days on market
-
Sold On
-
MLS number
IV24202761
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

We found 2 Cons,3 Pros. Rank: price - $1.10M(88th), sqft - 1836(63th), beds - undefined(50th), baths - undefined(50th).

Welcome to the desirable View Park – Windsor Hills neighborhood! This investor’s delight is a value-add property consisting of a Duplex plus a unit on top of the garage and an extra non-conforming studio. The property offers substantial income potential whether you live on the premises or decide to fully rent each unit. The property is situated in a quiet, serene neighborhood and it is very close to Silicone beach, Leimert Park, Inglewood, Culver City and LAX. Many great dining and entertainment locations such as Sofi Stadium, Kia Forum, BMO, and the new Clippers Intuit Dome are conveniently close. One unit and the non-conforming studio will be delivered vacant to maximize investor ROI. Don’t miss the opportunity to own this income producing property!

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,K-50.1mi
3/10
Windsor Hills Math Science
Public,K-50.8mi
3/10
Hillcrest Drive Elementary School
Public,K-51.5mi
6/10
Baldwin Hills Elementary School
Public,K-52.4mi
2/10
Audubon Middle School
Public,6-81.4mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.0mi
1/10
Horace Mann Junior High School
Public,6-82.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.8mi
2/10
Susan Miller Dorsey Senior High School
Public,9-122.1mi
2/10
Inglewood High School
Public,9-122.3mi

Price History

Date
Event
Price
09/05/23
Sold
$880,000
Condition Rating
Fair

The property was built in 1924. The images show some updated features, but also outdated elements in the kitchens and bathrooms. While some areas appear maintained, a full renovation is likely needed to bring the property up to modern standards. The description mentions it as an 'investor's delight' and 'value-add property,' suggesting that updates are anticipated to maximize ROI.
Pros & Cons

Pros

Income Potential: The property offers substantial income potential with a duplex, a unit above the garage, and a non-conforming studio.
Prime Location: Located in the desirable View Park – Windsor Hills neighborhood, close to Silicone Beach, Leimert Park, Inglewood, Culver City, LAX, SoFi Stadium, Kia Forum, BMO, and the new Clippers Intuit Dome.
Vacancy Advantage: One unit and the non-conforming studio will be delivered vacant, allowing for immediate rental income maximization.

Cons

Non-Conforming Unit: The presence of a non-conforming studio may present challenges with permits or future renovations.
Age of Property: Built in 1924, the property may require updates or repairs to meet modern standards.

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