4301 Arlington Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 2 bath
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Los Angeles, California 90008
This Value-Add Residential Asset is listed at $950,000 following a price reduction, aligning accurately with its $950,000 Fair Market Value. Currently holding a Condition Rating of 5, this property requires extensive "as-is" rehabilitation and may not qualify for traditional financing. However, it offers significant upside via its 2,363 square foot interior and a tenant-occupied upstairs unit with ADU potential. The 6,502 square foot lot includes a patio near the top-rated Foshay Learning Center. This is a high-utility acquisition for Fix-and-Flip Investors or Contractors ready to unlock equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4301 Arlington Avenue Subject | $950,000* List Price | 3 | 2 | 2,363 | $402 | - |
A 4011 Welland Avenue Sold | $900,000 | 3 | 2 | 2,056 | $438 | 0.6 mi |
B 3880 Olmsted Avenue Sold | $870,000 | 3 | 2 | 1,776 | $490 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this property shows significant age and deferred maintenance. The MLS description explicitly states it 'requires some TLC,' is 'sold in as-is condition' with 'no repairs,' and 'may not qualify for traditional financing,' indicating substantial issues. The kitchen features outdated cabinets, non-modern granite countertops, and very worn linoleum flooring. The exterior has peeling paint, an unkempt yard, and exposed wiring. While one bathroom appears recently updated, and some rooms have newer laminate flooring, the overall condition, lack of central HVAC (evidenced by window AC units), and the presence of an unpermitted unit requiring buyer due diligence point to a property needing substantial repairs and rehabilitation beyond minor updates.
The property has undergone a significant price reduction from $1,000,000 to $950,000, indicating increased value and a more competitive offering for potential buyers.
Features an additional, tenant-occupied upstairs unit, providing immediate rental income or the potential for an Accessory Dwelling Unit (ADU) to maximize property utility.
Situated in a desirable Los Angeles neighborhood (90008), offering strong market demand, convenient access to city amenities, and potential for long-term appreciation.
The property explicitly requires 'TLC' and is sold 'as-is' with no seller repairs, necessitating significant upfront investment and renovation efforts from the buyer.
The property 'may not qualify for traditional financing,' which could severely limit the pool of potential buyers to cash offers or those with specialized loan options.
The legality and permitted use of the additional upstairs unit are uncertain, requiring extensive buyer due diligence and potentially posing legal risks or future compliance costs.
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,363 | 1,876 | 73% |
| Lot Size | 6,502 | 6,451.5 | 52% |
| Price | $950.0K | $1.21M | 23% |
| Price per sq ft | $402 | $623 | 7% |
| Built year | 1923 | 1940 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 248 | 196 | 83% |
Sep 26, 2025
$950,000
$1,000,000
-5% Price Drop
Initial Listing
Aug 17, 2025
$1,000,000
Initial Listing