5442 Pomona Boulevard, Los Angeles, California 90022, Los Angeles, 90022 - 11 bed, 6 bath
ACTIVE$1,599,000
5442 Pomona Boulevard, Los Angeles, California 90022
11Beds
6Baths
4,808Sqft
10,037Lot
Year Built
1950
Close
-
List price
$1.6M
Original List price
$1.8M
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
PW24203228
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.60M(50th), sqft - 4808(50th), beds - 11(50th), baths - 6(50th).
$200,000 Price Adjustment! Multigenerational living compound opportunity available now. Total 11 Bedrooms and 6 Baths, 6 Kitchenettes granite, quartz counters, white cabinets. Laminate flooring. All single story living level. Huge 10,000 SF gated parking lot alley access, has 10 parking and 1 handicap space. Ample parking on Pomona. Need more living space? Possible to expand current living square footage. Property has Commercial zoning. Several opportunities. Owner occupant and use space for commercial business; AirBnB, etc. Use your imagination!
Price History
Date
Event
Price
01/27/97
Sold
$215,000
Condition Rating
Fair
The property, built in 1950, is significantly aged. While the listing mentions and images confirm updated kitchenettes with granite/quartz counters, white cabinets, and laminate flooring, these appear to be cosmetic updates to specific areas. The overall structure is 74 years old, and the property analysis explicitly notes the 'potential for outdated core systems (plumbing, electrical, HVAC) and general deferred maintenance.' This suggests that while key functional areas have received recent attention, the major components of the building are likely functional but show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Commercial Zoning & Mixed-Use Potential: The property boasts commercial zoning and a 'Mixed Use' sub-type, offering exceptional versatility for an owner-occupied business, AirBnB operations, or other commercial ventures, significantly enhancing its income-generating potential.
Extensive Parking Facilities: A huge 10,000 SF gated parking lot with alley access, including 10 standard and 1 handicap space, plus ample street parking on Pomona, provides a rare and highly valuable asset in Los Angeles, ideal for commercial use or multiple residents.
Multigenerational/Multi-Unit Configuration: Designed as a multigenerational living compound with 11 bedrooms, 6 baths, and 6 kitchenettes, this property is uniquely suited for large families, co-living arrangements, or multiple rental units, maximizing occupancy and potential rental income.
Significant Price Adjustment: A substantial $200,000 price adjustment from the original list price indicates a motivated seller and presents a more attractive entry point for potential buyers, offering better value in the current market.
Expansion Potential: The possibility to expand the current living square footage offers future value appreciation and customization opportunities, allowing buyers to adapt the property to evolving needs or increase its overall size and utility.
Cons
Age of Property & Potential for Outdated Systems: Built in 1950, the property is over 70 years old. While kitchenettes are updated, the age suggests potential for outdated core systems (plumbing, electrical, HVAC) and general deferred maintenance that may require significant investment.
Lack of Comprehensive Renovation Details: Beyond the mention of updated kitchenettes, the description lacks details on the overall condition or recent renovations of the main structure and other living areas, which could imply varying conditions or necessary upgrades throughout the complex.
Extended Time on Market: Despite a significant price reduction, the property has been on the market for an extended period (since October 2024 with a July 2025 modification), which could indicate challenges in attracting buyers, possibly due to its unique configuration, overall condition, or specific market demand.