
Los Angeles, California 90043
This 1913 Craftsman presents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well below the $731,052 Fair Market Value by -2%. Featuring a Condition Rating of 5, this property requires a comprehensive renovation to address deferred maintenance. The asset offers significant upside through its flexible floor plan, including a bonus room and detached garage with alley access. Given the Short Sale status and required capital improvements, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4812 Arlington Avenue Subject | $749,000* List Price | 3 | 3 | 1,786 | $396 | - |
A 5941 4th Sold | $730,000 | 3 | 3 | 1,753 | $416 | 1.0 mi |
B 5414 8th Avenue Pending | $755,000 List Price | 4 | 2 | 1,611 | $469 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1913 and marketed as a 'handyman special,' this property shows significant deferred maintenance consistent with a 30-50 year renovation cycle. Visuals reveal severely outdated bathrooms with 1980s-era fixtures, stained carpeting, peeling exterior paint, and exposed utility conduits. The listing's 'short sale' status and description confirm it requires a full rehab to address safety and cosmetic defects.
High School: Middle College High School (9/10).
This 1913 turn-of-the-century home retains its original architectural integrity, featuring classic pillars, built-in cabinets, and period colonnades that offer significant character and value-add potential for vintage enthusiasts.
With 1,786 square feet including a den/study and a bonus room that can serve as a fourth bedroom, the layout provides exceptional versatility for growing families or remote work requirements.
Marketed as a handyman special, the home requires substantial investment in repairs and modernization to address deferred maintenance and reach its full market potential.
As a short sale, the transaction is subject to lender approval and may involve a more complex and lengthy closing process compared to standard residential sales.
SHORT SALE. Turn-of-the-century Craftsman-style home featuring two stories, with 3 bedrooms, 3 bathrooms, a den/study, and a bonus room that can serve as a 4th bedroom. The charming entry, marked by classic pillars, leads into a living room with a cozy fireplace and original built-in Craftsman cabinets. A separate dining room, divided from the living area by period colonnades, adds to the home's vintage appeal. The first floor includes one bedroom and two bathrooms, while upstairs features two additional bedrooms, a full bath, a study, and a bonus room. The property boasts a large detached garage with alley access from the rear and accommodates three side-by-side parking spaces in the front. This home is a handyman specialjust in need of a little love and care to reach its full potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,786 | 1,672 |
| Lot Size | 6,109 | 6,067 |
| Price | $749.0K | $1.37M |
| Price per sq ft | $419 | $801 |
| Built year | 1913 | 1939 |
| HOA | $0 | $348 |
| Days on market | 37 | 56 |
Jun 15, 2026
$749,000
Initial Listing
Apr 3, 2023
$755,000
Public Record
Apr 28, 2009
$218,500
Public Record
Sep 15, 2005
$450,000
Public Record