$6,282

closing credit¹

5040 Cavanagh Rd Los Angeles, CA 90032

$529,000
2 beds
1 full
624 sqft
0.1 acres
$848 / sqft
House

Property details

About 5040 Cavanagh Rd

Discover an exceptional opportunity in the highly desirable neighborhood of University Hills in East Los Angeles. This fixer-upper sits on a generous 4,813 sq ft multi-level lot, providing the perfect canvas to bring your dream home to life. With an 861 sq ft interior featuring 3 bedrooms and 1 bathroom, this property offers plenty of potential for expansion and customization. The front and back yards, dotted with mature fruit trees and boasting picturesque city and hillside views, create an inviting space for outdoor entertaining and relaxation. Imagine the possibilities of transforming this hidden gem into your ideal living space! Located in a prime location, this property offers convenient access to Cal State Los Angeles, Pasadena, Downtown LA, trendy local eateries, shopping, and major Southern California freeways. Seize this rare opportunity to invest in a property brimming with promise, in one of LA’s most up-and-coming neighborhoods.    Sale is subject to CA Civil Code 2924m/o.

Highlights

Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
Size624 sqft
BasementYes
Lot size0.1105 Acres
Year built1927
MLS #OC24200744
Garage1 space
ViewCity Lights, Hills, Neighborhood

Summary

  • MLS Number: OC24200744
  • MLS Name: CRMLS
  • Office Name: Engel & Voelkers Newport Beach
  • Office Phone: (562) 506-4794
  • Listing Agent: Amy Hlad

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property hidden behind natural elements

$529,000

5040 Cavanagh Rd

$6,282

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 23, 2001
Home Sold
$129,000
May 26, 2000
Home Sold
$76,759
Oct 22, 1998
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2021$179,560$2,236
2020$177,719$2,170
2019$174,236$2,121
2018$170,820$2,072
2017$167,472$2,072

History based on county public records data.

Nearby schools

5

Farmdale Elementary School

Public District KG-5

0.7 mi

2660 Ruth Swiggett Dr

7

City Terrace Elementary School

Public District KG-5

0.8 mi

4350 City Terrace Dr

4

Sierra Park Elementary

Public District PK-6

1.0 mi

3170 Budau Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,905. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
54%
35k-100k
8%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
35%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5040 Cavanagh Rd

This home is located at 5040 Cavanagh Rd in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This 624 square foot home, which was built in 1927, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $529,000.

While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.

From Rocket Homes Real Estate and based on county public records data.

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