6327 5th Avenue, Los Angeles, CA 90043

$650,000 Asking Price

2 beds
1 bath
1,091  sqft
Built in 1936

Discover a gem of an opportunity in LA's well-established Hyde Park neighborhood. Listed for the first time in over 75 years, this spacious 2 bd, 1 ba Spanish-style architectural beauty has been remarkably well-maintained given its age. Perfect for buyers searching for a place to call their very own, remodelers, or fix and flip investors. A quick look around this burgeoning neighborhood will reveal how even a cosmetic interior update would significantly increase the value, while a full remodel with ADU could transform this residence into an equity-rich architectural masterpiece on par with other amazing flips in the area, including its adjourning neighbor. Because this is a probate sale, requiring court confirmation, the property is right priced and positioned to sell quickly. Check out the floor plan included with the photos to visualize the functional layout and versatility of the space. The living room features a fireplace and opens to the dining room. There is carpet throughout with original wood flooring underneath. The two bedrooms are situated on the south side of the home separated by a hallway illuminated by skylight and full bathroom with separate tub and shower. The kitchen is in the rear of the home with a breakfast nook (currently in use as an office) overlooking the expansive backyard. A newer water heater is in the laundry room with washer/dryer hook ups and a door to the backyard. An elegant porte cochere, long driveway, detached garage, and plenty of backyard space makes this property unique. No interior pictures out of respect for privacy of long-time residents who are in the process of moving. Central location is a huge plus! So many great new area amenities are just moments away. Literally steps from the Rail to River Active Transportation Corridor Project newly constructed bike and pedestrian path. Seven blocks from Crenshaw/LAX "K" Line. Minutes to vibrant Edward Vincent Jr. Park and world-class entertainment and sporting venues in nearby Inglewood (SoFi Stadium, YouTube Theater Kia Forum, Intuit Dome). Everything you desire is within reach including LAX, 405 fwy, beach cities, shopping, and more. Don't miss your opportunity to get into this resurgent area at an affordable price. Showings to qualified buyers by appointment only. Reach out TODAY!


Features & Amenities

Interior

General:
Ceiling Fan(s),Utility Room
Laundry:
Laundry Room
Flooring:
Carpet
A/C:
false, None
Heating:
true, Floor Furnace
Fireplace:
Decorative,Living Room, Fireplace

Exterior

General:
None
Style:
Spanish
Pool:
None
Parking:
Driveway,Garage, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 4007013028
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Coldwell Banker Champion Realty, Christie Thomas

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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