SoldJun 15, 2026

Listed and Bought with Matthew Wildstein from Rodeo Realty

Source: California Regional Multiple Listing Service, Inc #SR26115928

5473 Penfield Avenue, Los Angeles, CA, 91364

$1,057,000

3
3
2
1715 sq. ft.
11263 sq. ft.

SingleFam

•

5 days on the market

Sold: Jun 15, 2026

What's around 5473 Penfield Avenue

About this property

WOW!! Exceptional opportunity for investors, developers, and builders seeking a value-add project with significant upside potential! This single-story pool home is situated on an expansive 11,263 sq. ft. lot, offering outstanding redevelopment and investment possibilities. The property presents a rare opportunity for expansion, new construction, or income-producing development, including potential for an ADU, JADU, and possible SB 9 opportunities (buyer to verify with the City). Conveniently located near shopping, dining, schools, and easy freeway access, this property combines a desirable location with substantial lot size and strong development potential. The home does require several repairs and is likely best suited for cash buyers looking to maximize the property's value. Whether you are planning a renovation, lot split, multi-unit development, or long-term investment project, this property offers exceptional flexibility and opportunity. Large lots with this level of development potential are increasingly hard to find—don’t miss this unique investment opportunity!

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