4528 Arlington Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

ACTIVE$700,000
4528 Arlington Avenue, Los Angeles, California 90043
3Beds
2Baths
1,306Sqft
4,802Lot
Year Built
1921
Close
-
List price
$700K
Original List price
$799K
Price/Sqft
$536
HOA
-
Days on market
-
Sold On
-
MLS number
GD24096263
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $700.0K(27th), sqft - 1306(31th), beds - 3(50th), baths - 2(50th).
Property is located closed to Downtown L.A, USC, BMO stadium(Exposition Park) and Coliseum. Property shows 3 bedroom and 2 baths but on title its says 2 bedrooms and 1 bath. There is a bonus room with a bath that is being used as a separate bedroom with its own separate entrance. It can be used as a mother-in -law quarters. There is a garage that sellers use as storage. This property has plenty of potential.
Nearby schools
2/10
Forty-Second Street Elementary School
Public,•K-5•0.4mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.5mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.1mi
2/10
Yes Academy
Public,•K-5•1.6mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.6mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•2.0mi
3/10
Windsor Hills Math Science
Public,•K-5•2.2mi
4/10
Centinela Elementary School
Public,•K-6•2.3mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.5mi
2/10
Audubon Middle School
Public,•6-8•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.5mi
2/10
Crozier (George W.) Middle School
Public,•7-8•3.9mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•4.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.7mi
2/10
Inglewood High School
Public,•9-12•3.5mi
2/10
George Washington Preparatory High School
Public,•9-12•4.5mi
9/10
Middle College High School
Public,•9-12•6.5mi
Price History
Date
Event
Price
10/17/25
Price Change
$700,000-12.4%
05/13/24
Listing
$799,000
Condition Rating
Poor
Built in 1921, this property is over 100 years old and shows significant signs of age and deferred maintenance. The exterior is neglected with cracked concrete pathways and an unkempt yard. Interior photos reveal dated light fixtures and flooring that, while functional, are not modern. Crucially, there are no images of the kitchen or bathrooms, which, given the property's age and overall condition, strongly suggests they are in an outdated and likely poor state, requiring substantial renovation. The MLS analysis also points to a likely need for significant investment in major systems (plumbing, electrical, HVAC). This property requires substantial repairs and rehabilitation to meet current living standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Prime Urban Location: The property boasts a highly desirable location close to Downtown L.A., USC, BMO Stadium (Exposition Park), and the Coliseum, offering excellent access to employment, education, and entertainment hubs.
Flexible Living / Income Potential: A bonus room with a separate entrance and bath provides versatile options for a mother-in-law suite, potential rental income, or a dedicated home office, enhancing the property's utility.
Significant Price Reduction: The property has seen a substantial price reduction from $799,000 to $700,000, indicating a motivated seller and potential for a more competitive purchase for buyers.
Value-Add Potential: The listing explicitly states 'plenty of potential,' suggesting opportunities for renovation, expansion, or legalization of existing structures to significantly increase future value.
Historic Charm: Built in 1921, the property likely retains architectural character and charm from its era, appealing to buyers who appreciate historic homes and unique design elements.
Cons
Title Discrepancy / Unpermitted Work: A significant discrepancy exists between the advertised 3 beds/2 baths and the title's 2 beds/1 bath, indicating potential unpermitted additions that could lead to legal, financing, and insurance complications.
Overpriced Relative to Estimation: The current list price of $700,000 is considerably higher than the estimated property value of $575,334.74, suggesting the property may be overvalued in the current market.
Age-Related Maintenance & Systems: As a 100+ year-old property (built 1921), it likely requires significant investment in updating major systems (e.g., plumbing, electrical, HVAC) and addressing potential deferred maintenance.












