4528 Arlington Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath
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Los Angeles, California 90043
This Value-Add Asset is listed at $699,998, following a major price correction to better reflect its Condition Rating 5. Although currently priced near the $651,055 Fair Market Value, it represents a High-Potential Investment Opportunity due to its strategic location near USC and BMO Stadium. The property features a bonus room with a separate entrance, ideal for rental income or multi-generational use. With access to the 9/10 rated Middle College High School, this is a prime acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4528 Arlington Avenue Subject | $699,998* List Price | 3 | 2 | 1,306 | $489 | - |
A 5017 5th Avenue Sold | $710,000 | 3 | 2 | 1,434 | $495 | 0.4 mi |
B 5319 6th Avenue Sold | $585,000 | 2 | 1 | 1,110 | $527 | 0.6 mi |
C 5311 6th Avenue Active | $698,000 List Price | 3 | 2 | 1,305 | $535 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property requires substantial repairs and rehabilitation. The kitchen features very dated tile flooring, old wood cabinets, and laminate countertops, while the bathrooms show significant wear, peeling paint, and outdated fixtures. The exterior is neglected, and the listing itself notes 'Age-Related Maintenance' and 'Required Investment for Modernization,' indicating a need for extensive updates to all major systems and finishes.
High School: Middle College High School (9/10).
Strategically located near Downtown LA, USC, BMO Stadium, and Exposition Park, offering excellent access to major attractions, educational institutions, and employment centers.
Features a bonus room with a separate entrance and bath, ideal for multi-generational living, a dedicated home office, or potential rental income.
A notable difference exists between the property's advertised 3 beds/2 baths and the 2 beds/1 bath stated on title, which may impact financing, appraisal, and legal compliance.
As a 1921 build, the property likely requires updates to its systems and finishes, potentially incurring significant renovation costs for modern standards.
The 'potential' implies that buyers should anticipate further investment to bring the property to contemporary standards or maximize its functionality and appeal.
You may get a 203K loan to fix the property. 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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 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 | 1,306 | 1,430 | 37% |
| Lot Size | 4,802 | 6,264 | 20% |
| Price | $700.0K | $850.0K | 24% |
| Price per sq ft | $536 | $622 | 27% |
| Built year | 1921 | 1926 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 709 | 169 | 99% |
Mar 5, 2026
$699,998
$700,000
+0% Price Increase
Initial Listing
Oct 17, 2025
$700,000
$799,000
-12% Price Drop
Initial Listing
May 13, 2024
$799,000
Initial Listing