5919 Great Oak Circle, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath

5919 Great Oak Circle, Los Angeles, California 90042 home-pic-0
ACTIVE$1,099,000
5919 Great Oak Circle, Los Angeles, California 90042
4Beds
2Baths
1,436Sqft
5,319Lot
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.52M
Price/Sqft
$765
HOA
-
Days on market
-
Sold On
-
MLS number
P1-19798
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood, Peek-A-Boo
Patio
ViewMountain(s), Neighborhood, Peek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(62th), sqft - 1436(46th), beds - 4(85th), baths - 2(69th).

Step into this unique investment opportunity in the coveted Highland Park neighborhood with 5919 & 5921 Great Oak Circle. Nestled on a charming, tree-lined street, this duplex offers significant upside potential for owner occupant buyers and investors. The front unit features two bedrooms, two bathrooms, a spacious living room, a dedicated dining area, and an open-concept kitchen, providing a comfortable and functional living space. The back unit is situated above the garage, this unit boasts two bedrooms and one bathroom, complemented by city and mountain views. Below, you'll find a versatile full-structure currently utilized as a workshop, office, and storage space, complete with a quarter-bathroom. The property includes a generously sized front yard and a backyard with a designated BBQ area, ideal for entertaining. Laundry area is located on the side of the property. Additional features: Recessed style lighting, a long driveway, and gated access. The water meter includes a sub-meter, adding to the property's versatility. This property presents numerous opportunities for enhancement, whether through upgrading existing units or exploring the potential for adding an additional unit or Accessory Dwelling Unit (ADU)--subject to buyer investigation and local regulations. Prime location situated close to major freeways, DTLA, Eagle Rock, and Pasadena, this property offers easy access to a vibrant array of shops, dining options on the trendy York Avenue, and much more. Don't miss this chance to secure a property with exceptional growth potential in one of Highland Park's most desirable areas.

Price History

Date
Event
Price
07/31/25
$1,099,000
10/31/24
$1,525,000
Condition Rating
Poor

Built in 1924, this property is 100 years old. While the description mentions 'open-concept kitchen' and 'recessed style lighting,' suggesting some updates, the complete absence of interior photos, especially of the kitchen and bathrooms, strongly indicates these areas are either very outdated or in poor condition. The outdoor laundry area visible in the images further supports the notion of a property that has not undergone recent, comprehensive renovations. The listing emphasizes 'upside potential' and 'opportunities for enhancement' through 'upgrading existing units,' which are clear indicators that the property requires substantial repairs and rehabilitation to meet modern living standards. It is functional as a duplex but is likely uncomfortable in its current state for many buyers.
Pros & Cons

Pros

Income & Investment Potential: This duplex offers significant upside potential for both owner-occupant buyers and investors, providing a dual income stream or flexible living arrangements.
Prime Highland Park Location: Nestled in a coveted, tree-lined street in Highland Park, the property boasts excellent proximity to major freeways, DTLA, Eagle Rock, Pasadena, and trendy York Avenue shops and dining.
ADU & Expansion Opportunities: The property presents numerous opportunities for enhancement, including upgrading existing units or exploring the potential for adding an additional unit or Accessory Dwelling Unit (ADU), subject to buyer investigation.
Versatile Bonus Space: A full-structure below the back unit is currently utilized as a workshop, office, and storage space with a quarter-bathroom, offering flexible utility for various needs.
Outdoor Living & Privacy: Features a generously sized front yard, a backyard with a designated BBQ area ideal for entertaining, a long driveway, and gated access, enhancing privacy and outdoor enjoyment.

Cons

Requires Renovation/Upgrades: Marketed as an 'investment opportunity' with 'upside potential' and 'opportunities for enhancement,' indicating that significant capital investment may be required to modernize and maximize the property's value.
Age of Property (1924): Built in 1924, the property may have older infrastructure and systems that could require substantial updates or maintenance to meet contemporary standards and efficiency expectations.
Unspecified HVAC Systems: The description does not mention the presence of central air conditioning or heating, which could be a significant consideration for comfort in Los Angeles' climate and may necessitate future installation.

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