5847 Ernest Ave, a 1924 low-rise in Palms.
5847 Ernest Ave is a 4-residence building located in Palms. The building dates to 1924 and rises two stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 5847 Ernest Ave.
Condos for sale & rent at 5847 Ernest Ave
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 5847 Ernest Ave
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|
Closed sales at 5847 Ernest Ave from MLS records.
What to know before you buy at 5847 Ernest Ave
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 5847 Ernest Ave?
Our records show 4 residences at 5847 Ernest Ave. Since March 18, 2026, a conventional loan in a building of 2 to 10 units may qualify for a project review waiver from Fannie Mae and Freddie Mac, as long as the building isn't flagged and its insurance meets the rules.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
If 5847 Ernest Ave has wood-supported balconies, decks or stairs that the HOA maintains, California's SB 326 calls for a licensed inspection of them, and since January 1, 2026 the latest report is part of the resale package. A failed or unaddressed report may hold up a conventional loan until repairs are made or funded. SB 326, explained.
In LA County, conventional loans reach $1,249,125 in 2026. Jumbo loans above that follow the lender's own condo rules, and non-QM loans work outside agency rules, typically with more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 5847 Ernest AveBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 5847 Ernest Ave.
In the heart of Palms
5847 Ernest Ave places you at the center of Palms, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.