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5436 3rd Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 6 bed, 4 bath

5436 3rd Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,400,000
5436 3rd Avenue, Los Angeles, California 90043
6Beds
4Baths
2,215Sqft
4,923Lot
Year Built
1921
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$632
HOA
-
Days on market
-
Sold On
-
MLS number
DW25181996
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.40M(89th), sqft - 2215(90th), beds - 6(97th), baths - 4(92th).

Fully Remodeled SFR + Permitted 2-Story ADU in the Heart of Los Angeles – Income-Generating Opportunity! An incredible opportunity to own a fully renovated single-family residence with a permitted two-story ADU, located in the vibrant heart of Los Angeles. This multifamily property is perfect for multi-generational living or an ideal setup for income generation—live in one unit and rent out the other, or add both to your investment portfolio. Both the main house and ADU come with final permits and Certificates of Occupancy, ensuring peace of mind and immediate usability. Main House Features: Fully remodeled with new roof, energy-efficient windows, and smooth finish stucco. All new electrical wiring with new subpanel and J-box/breaker ready for EV supercharger. Dedicated breaker line prepped for solar panel installation. Independent electrical meter: gas line serves main house only. All new plumbing, including repiped gas, domestic water line, and 4-inch sewer line with multiple clean-outs. Independent drainage clean-outs for kitchen and bathroom. Central A/C system. Gas tankless water heater. New electric appliances included: stove and refrigerator ADU (Accessory Dwelling Unit): Fully permitted, two-story ADU with Certificate of Occupancy. All-electric unit with no gas meter. Pre-wired for two EV superchargers (2 J-boxes installed). Central A/C system. Pre-wired for security cameras. Multiple exterior outlets, including those ideal for holiday lighting. Separate sewer and water connections with independent clean-outs. Additional Highlights: Brand new gate with electrical wiring ready for optional motorized opener. Beautiful courtyard with multiple fruit trees Whether you're a homeowner looking for supplemental income or an investor seeking a high-performing rental property, this home offers unmatched value, functionality, and long-term potential in a prime Los Angeles location. Schedule your private showing today!

Nearby schools

3/10
Angeles Mesa Elementary School
Public,•K-5•0.2mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.4mi
2/10
Yes Academy
Public,•K-5•0.9mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.0mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.3mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.4mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.7mi
4/10
Centinela Elementary School
Public,•K-6•1.8mi
3/10
Windsor Hills Math Science
Public,•K-5•2.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•1.2mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.2mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.3mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.7mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.7mi
2/10
Inglewood High School
Public,•9-12•2.9mi
2/10
George Washington Preparatory High School
Public,•9-12•3.9mi
9/10
Middle College High School
Public,•9-12•6.1mi

Price History

Date
Event
Price
11/12/25
Price Change
$1,400,000-6.4%
08/15/25
Listing
$1,495,000
08/19/22
Sold
$500,000
04/14/11
Sold
$259,000
10/01/10
Sold
$175,000
03/08/05
Sold
$330,000
03/01/00
Sold
$130,000
Condition Rating
Excellent
Despite the original build year of 1921, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description and confirmed by the images. Both the main house and the permitted ADU feature new electrical, plumbing, roof, energy-efficient windows, stucco, and central A/C systems. The kitchens boast modern shaker-style cabinets, white quartz countertops, subway tile backsplashes, and new stainless steel appliances. Bathrooms are equally impressive with contemporary vanities, stylish fixtures (gold in main, black in ADU), and walk-in showers with modern tiling. New LVP flooring is consistent throughout, and the property includes future-ready infrastructure like EV supercharger readiness and solar panel pre-wiring. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
High Income Potential: The property includes a fully permitted, two-story ADU with a Certificate of Occupancy, offering significant income-generating opportunities through rental or multi-generational living arrangements.
Comprehensive Modern Renovation: Both the main house and ADU have undergone extensive remodeling, featuring new electrical, plumbing, roof, energy-efficient windows, stucco, and central A/C systems, ensuring modern comfort and reduced immediate maintenance.
Future-Ready Infrastructure: Equipped with advanced features like EV supercharger readiness (multiple J-boxes), dedicated solar panel pre-wiring, and a gas tankless water heater, appealing to modern demands for sustainability and technology.
Independent Unit Functionality: Each unit benefits from independent electrical meters, separate plumbing/sewer connections, and individual central A/C systems, providing autonomy and ease of management for occupants or tenants.
Prime Urban Location: Situated in the vibrant heart of Los Angeles, the property offers desirable access to city amenities, strong rental market demand, and long-term investment potential.

Cons

Overpriced Relative to Estimation: The current listing price is 11% above the estimated property value, which may suggest an aggressive pricing strategy and could lead to buyer resistance or require a price adjustment.
Age of Original Structure: Despite extensive renovations, the main house was originally built in 1921, which could raise concerns about potential underlying historical issues or higher insurance premiums for some buyers.
Subpar Local School Ratings: Several nearby public schools have low ratings (1s and 2s), which might be a significant drawback for families prioritizing access to highly-rated educational institutions.

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