4123 Chevy Chase, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 4 bath
Loading property details...
Los Angeles, California 90039
Analysis of 4123 Chevy Chase, Los Angeles, California 90039 is currently available with a list price of $850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1923 and marketed as a short sale for 'redevelopment,' the property shows significant safety and structural concerns. Interior images reveal severe water damage and mold in the shower, peeling/damaged ceilings, and extremely dated kitchens with missing flooring. The listing explicitly states it requires substantial repairs and is an 'AS-IS' project for contractors.
Situated in the highly sought-after Atwater Village area, the property is perfectly positioned to capitalize on one of Los Angeles' most popular and rapidly appreciating neighborhoods.
With a generous 7,000 sqft lot and a 5-bedroom, 4-bathroom layout, this property offers a rare canvas for investors or contractors to execute a high-end renovation or redevelopment.
Listed at $850,000, this property provides a rare, lower-cost entry point into a premium market for buyers with the vision to restore a 1920s-era home.
The transaction is subject to short sale lender approvals, which typically involves a more complex and lengthy closing process compared to standard equity sales.
The home is sold in 'as-is' condition and requires substantial repairs, including solar panel and city assumptions, necessitating significant upfront capital and construction expertise.
Attention investors, contractors, and buyers with a vision, looking to create their dream home! This is a rare opportunity to purchase a property in one of the area’s most highly sought-after and up-and-coming neighborhoods. This is a short sale offering tremendous potential for those with vision and creativity. The home requires substantial repairs, solar panel and presale city assumssion by buyer. Property is being sold AS-IS, making it an ideal project for renovation, restoration, or redevelopment. Conveniently located near popular dining, shopping, entertainment, and major transportation routes. This property is perfectly positioned to capitalize on the neighborhood’s continued growth and appreciation. Don’t miss the chance to invest in a prime location where opportunities like this are becoming increasingly rare. Subject to short sale lender approvals.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,588 | 1,672 |
| Lot Size | 7,000 | 6,067 |
| Price | $850.0K | $1.37M |
| Price per sq ft | $535 | $801 |
| Built year | 1923 | 1939 |
| HOA | $0 | $348 |
| Days on market | 21 | 56 |
Jul 1, 2026
$850,000
Initial Listing
May 6, 1997
$109,000
Public Record