4301 Arlington Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 2 bath
ACTIVE$950,000
4301 Arlington Avenue, Los Angeles, California 90008
3Beds
2Baths
2,363Sqft
6,502Lot
Price Vs. Estimate
The estimated value ($790,443.675) is $159,556.325 (16%) lower than the list price ($950,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income Potential / Multi-Unit Configuration: The property includes an additional upstairs unit, offering potential for rental income or multi-generational living, despite requiring due diligence on its legality.
Top Cons:
As-Is Condition & Extensive Repairs Needed: The property is explicitly sold 'as-is' and requires 'TLC,' with the seller making no repairs, indicating substantial renovation costs and effort for the buyer.
Compared to the nearby listings
Price:$950.0K vs avg $1.32M ($-375,000)17%
Size:2,363 sqft vs avg 1,972 sqft68%
Price/sqft:$402 vs avg $6564%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, this property shows no evidence of major renovations in the past 50 years. The kitchens and bathrooms are extremely outdated, dilapidated, and appear to be from the 1950s or 60s, featuring worn cabinets, old appliances, and severely aged fixtures and tiling. Flooring throughout is a mix of very old, worn linoleum and stained carpet. The description explicitly states it 'requires some TLC' (a significant understatement), 'will be sold in as-is condition,' and 'may not qualify for traditional financing,' which strongly indicates severe structural, safety, or habitability issues. The overall condition suggests the property's value is primarily in the land, as the existing structure would require extensive, costly rehabilitation or demolition to meet modern living standards.
Year Built
1923
Close
-
List price
$950K
Original List price
$1M
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
SR25184315
Home ConditionTear down
Features
Patio
View-
About this home
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.
Nearby schools
2/10
Forty-Second Street Elementary School
Public,•K-5•0.2mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.7mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.5mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.7mi
2/10
Coliseum Street Elementary School
Public,•K-5•1.7mi
3/10
Hillcrest Drive Elementary School
Public,•K-5•1.7mi
2/10
Audubon Middle School
Public,•6-8•0.7mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.8mi
5/10
Foshay Learning Center
Public,•K-12•1.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.0mi
Condition Rating
Tear down
Built in 1923, this property shows no evidence of major renovations in the past 50 years. The kitchens and bathrooms are extremely outdated, dilapidated, and appear to be from the 1950s or 60s, featuring worn cabinets, old appliances, and severely aged fixtures and tiling. Flooring throughout is a mix of very old, worn linoleum and stained carpet. The description explicitly states it 'requires some TLC' (a significant understatement), 'will be sold in as-is condition,' and 'may not qualify for traditional financing,' which strongly indicates severe structural, safety, or habitability issues. The overall condition suggests the property's value is primarily in the land, as the existing structure would require extensive, costly rehabilitation or demolition to meet modern living standards.
Pros & Cons
Pros
Income Potential / Multi-Unit Configuration: The property includes an additional upstairs unit, offering potential for rental income or multi-generational living, despite requiring due diligence on its legality.
Significant Price Reduction: A recent price reduction from $1,000,000 to $950,000 indicates a motivated seller and potential for a more attractive purchase price.
Generous Living Space: With 2363 square feet, the property offers substantial interior space, providing ample room for residents.
Desirable Los Angeles Location: Located in Los Angeles (90008, C23 - Metropolitan area), a highly sought-after market with access to urban amenities and good schools like Foshay Learning Center (rated 5).
Good Lot Size: The 6502 square foot lot provides valuable outdoor space, which is a significant asset in an urban environment.
Cons
As-Is Condition & Extensive Repairs Needed: The property is explicitly sold 'as-is' and requires 'TLC,' with the seller making no repairs, indicating substantial renovation costs and effort for the buyer.
Uncertainty of Upstairs Unit Legality/Permitted Use: The legality and permitted use of the additional upstairs unit are unverified and require buyer due diligence, posing a significant risk and potential for legal or financial complications.
Financing Restrictions: The property 'may not qualify for traditional financing,' severely limiting the pool of potential buyers to those with cash or specialized loan products.