
Los Angeles, California 90008
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $886,468 Fair Market Value by 4%. This valuation gap offers $36,468 in Instant Equity for buyers. Featuring a 2,363 sqft layout with an additional upstairs unit, the home has a Condition Rating of 5, requiring significant renovation. This asset is ideal for Buy-and-Hold Investors or experienced contractors capable of navigating the legal and permitting requirements of the tenant-occupied upstairs unit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4301 Arlington Ave. Subject | $850,000* List Price | 3 | 2 | 2,363 | $375 | - |
A 4011 Welland Avenue Sold | $900,000 | 3 | 2 | 2,056 | $438 | 0.6 mi |
B 4266 Angeles Vista Boulevard Sold | $800,000 | 3 | 2 | 1,891 | $423 | 1.0 mi |
C 3895 3rd Avenue Sold | $710,000 | 3 | 2 | 1,554 | $457 | 0.7 mi |
D 4301 Arlington Avenue Active | $950,000 List Price | 3 | 2 | 2,363 | $402 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 with no evidence of recent renovations. The listing states the property requires TLC, is sold AS-IS, and may not qualify for traditional financing, which typically indicates significant deferred maintenance or system defects. Interior photos show dated flooring and wall-mounted AC units rather than modern HVAC systems.
The property features an additional upstairs unit, offering a significant opportunity for rental income or multi-generational living within a spacious 2,363 square foot layout.
Priced with a major reduction and requiring TLC, this 1923 vintage home allows investors to build substantial equity through strategic renovations and modernization.
Situated on a generous 6,502 square foot lot, the property provides substantial outdoor space and a large interior footprint rarely found at this price point in the area.
The property is sold in 'as-is' condition and may not qualify for traditional financing, likely requiring a cash buyer or a hard money loan.
The legality of the upstairs unit is unverified and currently tenant-occupied, which introduces potential complexities regarding permitting and local tenant rights.
Major Price Reduction! Public records indicate the property is a single-family residence; however, there is an additional upstairs unit. The home requires some TLC and will be sold in "AS-IS" condition. Buyer and buyer’s agent are advised to conduct their own due diligence regarding the legality and permitted use of the upstairs unit. Upstairs unit is tenant occupied. Property may not qualify for traditional financing. Seller will make no repairs, renovations or improvements.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,363 | 1,672 |
| Lot Size | 6,502 | 6,067 |
| Price | $850.0K | $1.37M |
| Price per sq ft | $360 | $801 |
| Built year | 1923 | 1939 |
| HOA | $0 | $348 |
| Days on market | 48 | 56 |
Jun 4, 2026
$850,000
Initial Listing